{"id":572589,"date":"2023-04-28T11:36:41","date_gmt":"2023-04-28T06:06:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=572589"},"modified":"2023-04-28T11:36:41","modified_gmt":"2023-04-28T06:06:41","slug":"oil-set-for-second-weekly-drop-as-recession-fears-rates-cloud-outlook","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-set-for-second-weekly-drop-as-recession-fears-rates-cloud-outlook\/","title":{"rendered":"Oil set for second weekly drop as recession fears, rates cloud outlook"},"content":{"rendered":"<p>Oil prices were little changed on Friday but are set for their second weekly drop as disappointing economic data from the U.S., the world&#8217;s biggest crude user, and uncertainty on further interest rate hikes raised concerns about future fuel demand.<\/p>\n<p>Brent crude futures for June were trading at $78.53 a barrel, up 16 cents, or 0.2%, as of 0156 GMT. That contract expires on Friday and the more active July contract was up 21 cents, or 0.3% at 78.43 a barrel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were little changed on Friday but are set for their second weekly drop as disappointing economic data from the U.S., the world&#8217;s biggest crude user, and uncertainty on further interest rate hikes raised concerns about future fuel demand. Brent crude futures for June were trading at $78.53 a barrel, up 16 cents, or 0.2%, as of 0156 GMT. That contract expires on Friday and the more active July contract was up 21 cents, or 0.3% at 78.43 a barrel.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-572589","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/572589","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=572589"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/572589\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=572589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=572589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=572589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}