{"id":299194,"date":"2019-11-02T11:57:33","date_gmt":"2019-11-02T06:27:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=299194"},"modified":"2019-11-02T11:57:33","modified_gmt":"2019-11-02T06:27:33","slug":"oil-rises-on-chinese-factory-data-but-set-for-weekly-loss","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-on-chinese-factory-data-but-set-for-weekly-loss\/","title":{"rendered":"Oil rises on Chinese factory data but set for weekly loss"},"content":{"rendered":"<p>TOKYO\/LONDON: Oil prices rose on Friday but remained on track for a weekly loss as a surprise bounce in Chinese manufacturing activity calmed investors&#8217; worries about progress in US-China trade talks.<\/p>\n<p>Brent crude was up 27 cents, or 0.4 per cent, at $59.89 a barrel by 0930 GMT, on course for a drop of about 3.4 per cent for the week.<\/p>\n<p>West Texas Intermediate crude rose 32 cents to $54.50 a barrel, which would leave it with a weekly loss of more than 3.8 per cent.<\/p>\n<p>A Reuters survey showed that oil prices are expected to remain under pressure this year and next. The poll of 51 economists and analysts forecast Brent crude would average $64.16 a barrel in 2019 and $62.38 next year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO\/LONDON: Oil prices rose on Friday but remained on track for a weekly loss as a surprise bounce in Chinese manufacturing activity calmed investors&#8217; worries about progress in US-China trade talks. Brent crude was up 27 cents, or 0.4 per cent, at $59.89 a barrel by 0930 GMT, on course for a drop of about 3.4 per cent for the week. West Texas Intermediate crude rose 32 cents to $54.50 a barrel, which would leave it with a weekly loss of more than 3.8 per cent. A Reuters survey showed that oil prices are expected to remain under pressure this [&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":[130,191,136],"tags":[],"class_list":["post-299194","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299194","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=299194"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299194\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=299194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=299194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=299194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}