{"id":4837,"date":"2023-05-05T22:39:58","date_gmt":"2023-05-06T02:39:58","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/global-benchmark-brent-oil-futures-settles-at-lowest-since-late-2021\/"},"modified":"2023-05-05T22:39:58","modified_gmt":"2023-05-06T02:39:58","slug":"global-benchmark-brent-oil-futures-settles-at-lowest-since-late-2021","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=4837","title":{"rendered":"Global benchmark Brent oil futures settles at lowest since late 2021"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002001514\">\n<div class=\"snippet__body\">\n<p>Oil prices fell sharply Wednesday, pulling global benchmark crude to its lowest settlement in  more than 16 months and U.S. crude prices below $70 a barrel to their lowest finish since March.  <\/p>\n<p>U.S. petroleum inventory data from the Energy Information Administration released early Wednesday showed a third straight weekly decline for domestic crude supplies, while gasoline stockpiles moved higher. Prices, meanwhile, held onto the bulk of their losses for the session after the Federal Reserve announced an interest-rate hike&#8230;\n    <\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/oil-prices-extend-slump-ahead-of-fed-decision-c05c3d2e?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell sharply Wednesday, pulling global benchmark crude to its lowest settlement in more than 16 months and U.S. crude prices below $70 a barrel to their lowest finish since March. U.S. petroleum inventory data from the Energy Information Administration released early Wednesday showed a third straight weekly decline for domestic crude supplies, while [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-4837","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>Global benchmark Brent oil futures settles at lowest since late 2021 | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Oil prices fell sharply Wednesday, pulling global benchmark crude to its lowest settlement in more than 16 months and U.S. crude prices below $70 a barrel\" \/>\n<meta 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