{"id":49029,"date":"2023-03-25T17:45:58","date_gmt":"2023-03-25T17:45:58","guid":{"rendered":"https:\/\/dailytalks.org\/?p=49029"},"modified":"2023-03-25T17:45:58","modified_gmt":"2023-03-25T17:45:58","slug":"weak-fundamentals-continue-to-put-downside-pressure-on-crude-oil-prices","status":"publish","type":"post","link":"https:\/\/dailytalks.org\/?p=49029","title":{"rendered":"Weak fundamentals continue to put downside pressure on crude oil prices"},"content":{"rendered":"<p>Global oil prices have held relatively steady since November last year. Despite several geopolitical factors affecting its fundamentals, it has been congested inside $83-70 per barrel throughout this period.Amid fears of a global supply glut, the G7-led price cap on Russian oil and Moscow\u2019s plan for a drastic production cut had little impact on the commodity.The G7 countries and the European Union set a price cap on Russian oil at $60 a barrel last week&#8230;<br \/><a href=\"https:\/\/economictimes.indiatimes.com\/markets\/commodities\/news\/weak-fundamentals-continue-to-put-downside-pressure-on-crude-oil-prices\/articleshow\/98057563.cms\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global oil prices have held relatively steady since November last year. Despite several geopolitical factors<\/p>\n","protected":false},"author":1,"featured_media":49030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-49029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-europe"],"featured_image_urls":{"full":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/49029-weak-fundamentals-continue-to-put-downside-pressure-on-crude-oil-prices.jpg",1070,580,false],"thumbnail":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/49029-weak-fundamentals-continue-to-put-downside-pressure-on-crude-oil-prices-150x150.jpg",150,150,true],"medium":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/49029-weak-fundamentals-continue-to-put-downside-pressure-on-crude-oil-prices-300x163.jpg",300,163,true],"medium_large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/49029-weak-fundamentals-continue-to-put-downside-pressure-on-crude-oil-prices-768x416.jpg",640,347,true],"large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/49029-weak-fundamentals-continue-to-put-downside-pressure-on-crude-oil-prices-1024x555.jpg",640,347,true],"1536x1536":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/49029-weak-fundamentals-continue-to-put-downside-pressure-on-crude-oil-prices.jpg",1070,580,false],"2048x2048":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/49029-weak-fundamentals-continue-to-put-downside-pressure-on-crude-oil-prices.jpg",1070,580,false],"chromenews-featured":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/49029-weak-fundamentals-continue-to-put-downside-pressure-on-crude-oil-prices-1024x555.jpg",1024,555,true],"chromenews-large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/49029-weak-fundamentals-continue-to-put-downside-pressure-on-crude-oil-prices-825x575.jpg",825,575,true],"chromenews-medium":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/49029-weak-fundamentals-continue-to-put-downside-pressure-on-crude-oil-prices-590x410.jpg",590,410,true]},"author_info":{"display_name":"Jonathan Jeriah","author_link":"https:\/\/dailytalks.org\/?author=1"},"category_info":"<a href=\"https:\/\/dailytalks.org\/?cat=16\" rel=\"category\">Europe<\/a>","tag_info":"Europe","comment_count":"0","_links":{"self":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts\/49029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49029"}],"version-history":[{"count":0,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts\/49029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/media\/49030"}],"wp:attachment":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}