{"id":562843,"date":"2023-03-16T09:32:37","date_gmt":"2023-03-16T04:02:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=562843"},"modified":"2023-03-16T10:26:33","modified_gmt":"2023-03-16T04:56:33","slug":"brent-crude-oil-slides-to-below-one-year-low-gold-climbs-over-1","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brent-crude-oil-slides-to-below-one-year-low-gold-climbs-over-1\/","title":{"rendered":"Brent crude oil slides to below one-year low, gold climbs over 1%"},"content":{"rendered":"<p>Oil extended its slide on Wednesday, falling 5 per cent and hitting its lowest in more than a year as unease over Credit Suisse spooked world markets and offset hopes of a Chinese oil demand recovery.<\/p>\n<p>Brent crude fell $3.20, or 4.1 per cent, to $74.25 a barrel after touching $74.01 for its lowest since December 2021. US West Texas Intermediate crude was down $2.86, or 4 per cent, at $68.47, having also hit its lowest since December 2021.<\/p>\n<p>Gold rallies<\/p>\n<p>Gold prices climbed over 1 per cent to their highest since early February as a fresh crisis in the banking sector turned investors away from seemingly riskier assets and drove them to the safety of bullion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil extended its slide on Wednesday, falling 5 per cent and hitting its lowest in more than a year as unease over Credit Suisse spooked world markets and offset hopes of a Chinese oil demand recovery. Brent crude fell $3.20, or 4.1 per cent, to $74.25 a barrel after touching $74.01 for its lowest since December 2021. US West Texas Intermediate crude was down $2.86, or 4 per cent, at $68.47, having also hit its lowest since December 2021. Gold rallies Gold prices climbed over 1 per cent to their highest since early February as a fresh crisis in the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-562843","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/562843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=562843"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/562843\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=562843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=562843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=562843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}