{"id":286382,"date":"2019-08-07T05:22:49","date_gmt":"2019-08-07T05:22:49","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286382"},"modified":"2019-08-07T05:31:54","modified_gmt":"2019-08-07T05:31:54","slug":"oil-prices-rise-but-us-china-trade-tensions-drag","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-rise-but-us-china-trade-tensions-drag\/","title":{"rendered":"Oil prices rise, but US-China trade tensions drag"},"content":{"rendered":"<p>Oil prices rose 1 per cent on Tuesday as traders betting on falling prices bought back contracts to lock in profits, after declines over the last three sessions due to escalating trade tensions between China and the US. <\/p>\n<p>Brent prices plunged more than 8 per cent in the three sessions from their close on July 31, with US President Donald Trump vowing to impose new tariffs on Chinese imports, and China making further moves against US agricultural cargoes. <\/p>\n<p>The US also responded to a decline in the Chinese yuan on Monday by branding the country a currency manipulator. <\/p>\n<p>Brent fell more than 3 per cent on Monday as traders worried the ongoing trade dispute between the world&#8217;s two biggest oil buyers would dent demand, helping to prompt Tuesday&#8217;s short-covering.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose 1 per cent on Tuesday as traders betting on falling prices bought back contracts to lock in profits, after declines over the last three sessions due to escalating trade tensions between China and the US. Brent prices plunged more than 8 per cent in the three sessions from their close on July 31, with US President Donald Trump vowing to impose new tariffs on Chinese imports, and China making further moves against US agricultural cargoes. The US also responded to a decline in the Chinese yuan on Monday by branding the country a currency manipulator. Brent fell [&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-286382","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286382","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=286382"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286382\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}