{"id":652458,"date":"2025-11-13T09:00:03","date_gmt":"2025-11-13T03:30:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=652458"},"modified":"2025-11-13T10:18:29","modified_gmt":"2025-11-13T04:48:29","slug":"oil-extends-losses-on-us-inventory-build-opec-forecast-shift","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-extends-losses-on-us-inventory-build-opec-forecast-shift\/","title":{"rendered":"Oil extends losses on US inventory build, OPEC forecast shift"},"content":{"rendered":"<p>Oil prices fell for a second day on Thursday as an industry report showing rising crude inventories in the U.S., the world&#8217;s biggest crude consumer, reinforced concerns that global supply is more than ample to meet current fuel demand. <\/p>\n<p>Brent crude futures fell 3 cents, or 0.03%, to $62.69 a barrel by 0234 GMT, after dropping 3.8% in the previous session. U.S. West Texas Intermediate crude fell 5 cents, or 0.09%, to $58.44 a barrel, extending its 4.2% decline on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell for a second day on Thursday as an industry report showing rising crude inventories in the U.S., the world&#8217;s biggest crude consumer, reinforced concerns that global supply is more than ample to meet current fuel demand. Brent crude futures fell 3 cents, or 0.03%, to $62.69 a barrel by 0234 GMT, after dropping 3.8% in the previous session. U.S. West Texas Intermediate crude fell 5 cents, or 0.09%, to $58.44 a barrel, extending its 4.2% decline on Wednesday.<\/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":[130,191,136],"tags":[],"class_list":["post-652458","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\/652458","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=652458"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/652458\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=652458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=652458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=652458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}