{"id":5549,"date":"2008-11-06T00:55:38","date_gmt":"2008-11-06T00:55:38","guid":{"rendered":"http:\/\/151.106.38.4\/2008\/11\/06\/oil-prices-slump-before-us-stockpiles-data\/"},"modified":"2008-11-06T00:55:38","modified_gmt":"2008-11-06T00:55:38","slug":"oil-prices-slump-before-us-stockpiles-data","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2008\/11\/06\/oil-prices-slump-before-us-stockpiles-data\/","title":{"rendered":"Oil prices slump before US stockpiles data"},"content":{"rendered":"<p><img src=\/old_site\/>Oil prices tumbled almost $ three in trading today as traders awaited the latest weekly snapshot of crude inventories in the United States, the world&#8217;s biggest energy consuming nation.         <\/p>\n<p>Brent North Sea crude for December delivery dropped $2.87 to $ 63.57 a barrel on London&#8217;s InterContinental Exchange (ICE).<br \/>\nOn the New York Mercantile Exchange (NYMEX), light sweet crude for December slid $ 2.98 to $ 67.55 a barrel.<br \/>\nThe drop in oil prices came ahead of the release later today of key US energy data, a gauge of oil consumption in the United States, also the world&#8217;s biggest economy.<br \/>\nOil prices have more than halved in value since reaching record highs above $ 147 a barrel in July, when fears of supply disruptions had sent them rocketing.<br \/>\nCrude futures have tumbled in recent months as a global economic slowdown dampens demand for energy worldwide.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices tumbled almost $ three in trading today as traders awaited the latest weekly snapshot of crude inventories in the United States, the world&#8217;s biggest energy consuming nation. Brent North Sea crude for December delivery dropped $2.87 to $ 63.57 a barrel on London&#8217;s InterContinental Exchange (ICE). On the New York Mercantile Exchange (NYMEX), [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-5549","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/5549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=5549"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/5549\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=5549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=5549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=5549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}