{"id":619892,"date":"2023-11-28T11:29:33","date_gmt":"2023-11-28T05:59:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=619892"},"modified":"2023-11-28T13:04:07","modified_gmt":"2023-11-28T07:34:07","slug":"subdued-crude-prices-h2-inflation-outlook-more-stable-now","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/subdued-crude-prices-h2-inflation-outlook-more-stable-now\/","title":{"rendered":"Subdued crude prices: H2 inflation outlook more stable now"},"content":{"rendered":"<p>The upside risk to inflation from crude oil prices that persisted till early October seems to have ebbed. Analysts have revised estimates of inflation now to be around 5.4% for the remaining months of the financial year 2023-24.<\/p>\n<p>Crude prices are expected to remain subdued amid concerns of sluggish demand from the top importers and tightening global supply at the same time.<\/p>\n<p>The prices, which had touched a peak of $97 a barrel in late September and then remained volatile on the back of conflict in Israel, have now crawled back to their earlier levels of $75-$80 a barrel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The upside risk to inflation from crude oil prices that persisted till early October seems to have ebbed. Analysts have revised estimates of inflation now to be around 5.4% for the remaining months of the financial year 2023-24. Crude prices are expected to remain subdued amid concerns of sluggish demand from the top importers and tightening global supply at the same time. The prices, which had touched a peak of $97 a barrel in late September and then remained volatile on the back of conflict in Israel, have now crawled back to their earlier levels of $75-$80 a barrel.<\/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":[130,195,138],"tags":[],"class_list":["post-619892","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/619892","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=619892"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/619892\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=619892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=619892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=619892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}