{"id":26120,"date":"2018-12-19T12:26:07","date_gmt":"2018-12-19T12:26:07","guid":{"rendered":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=26120"},"modified":"2018-12-19T12:26:07","modified_gmt":"2018-12-19T12:26:07","slug":"the-bear-market-in-oil-keeps-getting-worse","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=26120","title":{"rendered":"The bear market in oil keeps getting worse"},"content":{"rendered":"<p class=\"zn-body__paragraph speakable\"><cite class=\"el-editorial-source\">New York (CNN Business)<\/cite>The bear market in oil keeps getting worse as worries about global growth and a supply glut ratchet higher.<\/p>\n<div class=\"zn-body__paragraph speakable\"><a href=\"https:\/\/money.cnn.com\/data\/commodities\/index.html\" target=\"_blank\">US oil prices<\/a> plummeted 7% on Tuesday to settle at $46.24 a barrel. It was crude&#8217;s weakest close since August 2017.<\/div>\n<div class=\"zn-body__paragraph speakable\">The <a href=\"https:\/\/www.cnn.com\/2018\/11\/21\/investing\/oil-prices-trump-saudi-arabia\/index.html\" target=\"_blank\">deepening downturn in the oil patch<\/a> is yet more evidence of investors fleeing risky assets as they brace for an economic slowdown. The same growth jitters that are rocking Wall Street &#8212; the Dow and S&#038;P 500 are on track for their<a href=\"http:\/\/www.cnn.com\/2018\/12\/18\/investing\/stocks-worst-december-since-great-depression\/index.html\" target=\"_blank\"> worst December since 1931<\/a> &#8212; are infecting commodities. Small-cap stocks <a href=\"http:\/\/www.cnn.com\/2018\/12\/17\/investing\/russell-2000-bear-market-stocks\/index.html\" target=\"_blank\">plunged into a bear market on Monday.<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New York (CNN Business)The bear market in oil keeps getting worse as worries about global growth and a supply glut ratchet higher.US oil prices plummeted 7% on Tuesday to settle at $46.24 a barrel. It was crude&#8217;s weakest close since August 2017.The deepening downturn in the oil patch is yet more evidence of investors fleeing&hellip;<\/p>\n","protected":false},"author":10,"featured_media":26121,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-26120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/26120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26120"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/26120\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/26121"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}