{"id":16757,"date":"2023-06-01T11:50:44","date_gmt":"2023-06-01T15:50:44","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/u-s-oil-futures-drop-over-11-for-the-month\/"},"modified":"2023-06-01T11:50:45","modified_gmt":"2023-06-01T15:50:45","slug":"u-s-oil-futures-drop-over-11-for-the-month","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=16757","title":{"rendered":"U.S. oil futures drop over 11% for the month"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002119838\">\n<div class=\"snippet__body\">\n<p>Oil futures declined on Wednesday after weak economic data out of China underlined worries about demand from one of the world\u2019s largest crude importers.<\/p>\n<p>Overall, concerns about demand helped pull U.S. oil prices down by more than 11% for the month. <\/p>\n<h2>Price action<\/h2>\n<h2>Market drivers<\/h2>\n<p>Oil prices got \u201cslammed on concerns that the Chinese&#8230;\n      <\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/oil-slumps-after-weak-china-manufacturing-data-c08c522e?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil futures declined on Wednesday after weak economic data out of China underlined worries about demand from one of the world\u2019s largest crude importers. Overall, concerns about demand helped pull U.S. oil prices down by more than 11% for the month. Price action Market drivers Oil prices got \u201cslammed on concerns that the Chinese&#8230; Read [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-16757","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>U.S. oil futures drop over 11% for the month | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Oil futures declined on Wednesday after weak economic data out of China underlined worries about demand from one of the world\u2019s largest crude importers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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