{"id":290533,"date":"2019-09-05T06:00:29","date_gmt":"2019-09-05T06:00:29","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=290533"},"modified":"2019-09-05T06:05:53","modified_gmt":"2019-09-05T06:05:53","slug":"oil-prices-nudge-higher-but-economic-worries-loom","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-nudge-higher-but-economic-worries-loom\/","title":{"rendered":"Oil prices nudge higher, but economic worries loom"},"content":{"rendered":"<p>Oil prices recovered some ground on Wednesday, boosted by a wider market pick-up on positive news from China&#8217;s services sector, having touched their lowest in close to a month during the previous session on fears over the weakening global economy.<\/p>\n<p>Brent crude was up 31 cents, or 0.53 per cent, at $58.57 a barrel by 0619 GMT, while US West Texas Intermediate futures gained 34 cents, or 0.63 per cent, at $54.28 a barrel.<\/p>\n<p>Oil prices sank to a nearly one-month low on Tuesday following data that showed US manufacturing activity in August contracted for the first time in three years and euro zone manufacturing activity contracted for a seventh month in August.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices recovered some ground on Wednesday, boosted by a wider market pick-up on positive news from China&#8217;s services sector, having touched their lowest in close to a month during the previous session on fears over the weakening global economy. Brent crude was up 31 cents, or 0.53 per cent, at $58.57 a barrel by 0619 GMT, while US West Texas Intermediate futures gained 34 cents, or 0.63 per cent, at $54.28 a barrel. Oil prices sank to a nearly one-month low on Tuesday following data that showed US manufacturing activity in August contracted for the first time in three [&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-290533","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/290533","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=290533"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/290533\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=290533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=290533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=290533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}