{"id":580732,"date":"2023-05-31T09:48:54","date_gmt":"2023-05-31T04:18:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=580732"},"modified":"2023-05-31T10:35:13","modified_gmt":"2023-05-31T05:05:13","slug":"oil-slides-4-on-worries-about-us-debt-ceiling-opec-discussions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-slides-4-on-worries-about-us-debt-ceiling-opec-discussions\/","title":{"rendered":"Oil slides 4% on worries about US debt ceiling, OPEC+ discussions"},"content":{"rendered":"<p>NEW YORK (Reuters) &#8211; Oil prices fell more than 4% on Tuesday on concerns about whether the U.S. Congress will pass the U.S. debt ceiling pact and as mixed messages from major producers clouded the supply outlook ahead of the OPEC+ meeting this weekend. <\/p>\n<p>Brent crude futures dropped $3.50, or 4.5%, to $73.57 a barrel by 12:51 p.m. EDT (1651 GMT). U.S. West Texas Intermediate (WTI) crude was down $3.29, or 4.5%, from Friday&#8217;s close, to $69.38 a barrel. There was no settlement on Monday because of a U.S. public holiday.<\/p>\n<p>Some hard-right Republican lawmakers said they might oppose a deal to raise the debt ceiling in the United States, the world&#8217;s biggest oil user.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK (Reuters) &#8211; Oil prices fell more than 4% on Tuesday on concerns about whether the U.S. Congress will pass the U.S. debt ceiling pact and as mixed messages from major producers clouded the supply outlook ahead of the OPEC+ meeting this weekend. Brent crude futures dropped $3.50, or 4.5%, to $73.57 a barrel by 12:51 p.m. EDT (1651 GMT). U.S. West Texas Intermediate (WTI) crude was down $3.29, or 4.5%, from Friday&#8217;s close, to $69.38 a barrel. There was no settlement on Monday because of a U.S. public holiday. Some hard-right Republican lawmakers said they might oppose a [&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-580732","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\/580732","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=580732"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/580732\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=580732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=580732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=580732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}