{"id":653619,"date":"2025-11-24T07:59:00","date_gmt":"2025-11-24T02:29:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=653619"},"modified":"2025-11-24T08:23:47","modified_gmt":"2025-11-24T02:53:47","slug":"global-oil-prices-under-pressure-whats-driving-the-decline-and-what-lies-ahead","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/global-oil-prices-under-pressure-whats-driving-the-decline-and-what-lies-ahead\/","title":{"rendered":"Global oil prices under pressure: What\u2019s driving the decline and what lies ahead"},"content":{"rendered":"<p>Global oil markets have entered a bearish phase, with benchmark U.S. NYMEX crude sliding below $60 per barrel last week. Prices have fallen more than 20% from January highs of $74, erasing gains from the summer rally. This sharp downturn reflects a confluence of supply-side strength and demand-side weakness, reshaping the outlook for the rest of 2025 and beyond. <\/p>\n<p>Oil\u2019s slide below $60 underscores a market dominated by supply resilience and tepid demand. With U.S. output at record highs, OPEC+ reluctant to cut aggressively, and China\u2019s consumption shifting toward petrochemicals, fundamentals point to prolonged softness.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global oil markets have entered a bearish phase, with benchmark U.S. NYMEX crude sliding below $60 per barrel last week. Prices have fallen more than 20% from January highs of $74, erasing gains from the summer rally. This sharp downturn reflects a confluence of supply-side strength and demand-side weakness, reshaping the outlook for the rest of 2025 and beyond. Oil\u2019s slide below $60 underscores a market dominated by supply resilience and tepid demand. With U.S. output at record highs, OPEC+ reluctant to cut aggressively, and China\u2019s consumption shifting toward petrochemicals, fundamentals point to prolonged softness.<\/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-653619","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\/653619","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=653619"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/653619\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=653619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=653619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=653619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}