{"id":286379,"date":"2019-08-07T05:21:50","date_gmt":"2019-08-07T05:21:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286379"},"modified":"2019-08-07T05:31:18","modified_gmt":"2019-08-07T05:31:18","slug":"oil-prices-steady-us-china-trade-dispute-remains-in-focus","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-steady-us-china-trade-dispute-remains-in-focus\/","title":{"rendered":"Oil prices steady, US-China trade dispute remains in focus"},"content":{"rendered":"<p>Oil prices steadied on Wednesday after falling at the start of the session, with the potential for damage to the global economy and fuel demand from the intensifying Sino-US trade dispute continuing to cast a shadow over the market. <\/p>\n<p>International benchmark Brent crude futures were at $58.97 a barrel by 0221 GMT, up 3 cents, or 0.05 per cent, from their previous settlement and trading near seven-month lows. Meanwhile West Texas Intermediate (WTI) crude futures were down 8 cents, or 0.15 per cent, from their last close to $53.56 per barrel. \u201cIt&#8217;s not a huge move&#8230;What we&#8217;re looking at is steady, reflecting concerns among traders whether or not the trade dispute development is fully priced in,\u201d said Michael McCarthy, chief market strategist at CMC Markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices steadied on Wednesday after falling at the start of the session, with the potential for damage to the global economy and fuel demand from the intensifying Sino-US trade dispute continuing to cast a shadow over the market. International benchmark Brent crude futures were at $58.97 a barrel by 0221 GMT, up 3 cents, or 0.05 per cent, from their previous settlement and trading near seven-month lows. Meanwhile West Texas Intermediate (WTI) crude futures were down 8 cents, or 0.15 per cent, from their last close to $53.56 per barrel. \u201cIt&#8217;s not a huge move&#8230;What we&#8217;re looking at is [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-286379","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=286379"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286379\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}