{"id":608740,"date":"2023-10-06T12:15:24","date_gmt":"2023-10-06T06:45:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=608740"},"modified":"2023-10-06T12:26:47","modified_gmt":"2023-10-06T06:56:47","slug":"oil-on-track-for-sharpest-weekly-decline-since-march","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-on-track-for-sharpest-weekly-decline-since-march\/","title":{"rendered":"Oil on track for sharpest weekly decline since March"},"content":{"rendered":"<p>Oil prices were on track for their steepest weekly decline since March despite rising in early trade on Friday, on growing worries that higher-for-longer interest rates could stoke a global economic slowdown and curb fuel demand.<\/p>\n<p>Both benchmarks had surged to 2023 highs last week, but Brent has dropped 11.8% and WTI by about 8.8% this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were on track for their steepest weekly decline since March despite rising in early trade on Friday, on growing worries that higher-for-longer interest rates could stoke a global economic slowdown and curb fuel demand. Both benchmarks had surged to 2023 highs last week, but Brent has dropped 11.8% and WTI by about 8.8% this week.<\/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-608740","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\/608740","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=608740"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/608740\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=608740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=608740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=608740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}