{"id":656659,"date":"2025-12-18T09:31:27","date_gmt":"2025-12-18T04:01:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=656659"},"modified":"2025-12-18T09:53:00","modified_gmt":"2025-12-18T04:23:00","slug":"oil-prices-slip-below-60-offering-india-a-fresh-tailwind","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-slip-below-60-offering-india-a-fresh-tailwind\/","title":{"rendered":"Oil prices slip below $60, offering India a fresh tailwind"},"content":{"rendered":"<p>Oil prices have slipped below $60 a barrel, offering a fresh tailwind to an Indian economy already growing above 8% with near-zero inflation. <\/p>\n<p>International benchmark Brent fell below $59 on Tuesday amid rising supplies, signs of a weakening Chinese economy, and optimism over a Ukraine peace deal. Prices edged up on Wednesday to trade around $60 after US President Donald Trump ordered a blockade of all sanctioned oil tankers moving in and out of Venezuela, escalating tensions with the country, which accounts for roughly 1% of global oil supply.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices have slipped below $60 a barrel, offering a fresh tailwind to an Indian economy already growing above 8% with near-zero inflation. International benchmark Brent fell below $59 on Tuesday amid rising supplies, signs of a weakening Chinese economy, and optimism over a Ukraine peace deal. Prices edged up on Wednesday to trade around $60 after US President Donald Trump ordered a blockade of all sanctioned oil tankers moving in and out of Venezuela, escalating tensions with the country, which accounts for roughly 1% of global oil supply.<\/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-656659","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\/656659","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=656659"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/656659\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=656659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=656659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=656659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}