{"id":643368,"date":"2024-05-02T12:07:18","date_gmt":"2024-05-02T06:37:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=643368"},"modified":"2024-05-02T12:07:18","modified_gmt":"2024-05-02T06:37:18","slug":"oil-falls-for-a-third-day-on-middle-east-ceasefire-hopes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-for-a-third-day-on-middle-east-ceasefire-hopes\/","title":{"rendered":"Oil falls for a third day on Middle East ceasefire hopes"},"content":{"rendered":"<p>Oil fell more than 1% on Wednesday, losing ground for a third straight session, sapped by the prospect of a ceasefire agreement in the Middle East and persistent U.S. inflation dampening the expected pace of interest rate cuts.<\/p>\n<p>Brent crude futures for July were down $1.19, or 1.4%, to $85.14 a barrel at 1255 GMT, having hit $84.78, their lowest since March 15.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil fell more than 1% on Wednesday, losing ground for a third straight session, sapped by the prospect of a ceasefire agreement in the Middle East and persistent U.S. inflation dampening the expected pace of interest rate cuts. Brent crude futures for July were down $1.19, or 1.4%, to $85.14 a barrel at 1255 GMT, having hit $84.78, their lowest since March 15.<\/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-643368","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\/643368","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=643368"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/643368\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=643368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=643368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=643368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}