{"id":302780,"date":"2019-11-26T10:29:42","date_gmt":"2019-11-26T04:59:42","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=302780"},"modified":"2019-11-26T11:06:09","modified_gmt":"2019-11-26T05:36:09","slug":"oil-prices-hold-above-63-a-barrel-on-us-china-trade-talks-optimism","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-hold-above-63-a-barrel-on-us-china-trade-talks-optimism\/","title":{"rendered":"Oil prices hold above $63 a barrel on US-China trade talks optimism"},"content":{"rendered":"<p>Singapore\/London: Oil prices held above $63 a barrel on Monday as positive comments from the United States and China rekindled hopes in global markets that the world&#8217;s two largest economies could soon sign an interim deal to end their trade war. <\/p>\n<p>Brent crude futures were down 5 cents at $63.34 a barrel by 1424 GMT. West Texas Intermediate (WTI) crude was down 20 cents at $57.57. <\/p>\n<p>&#8220;It is still all about trade talks,&#8221; said Michael McCarthy, chief market strategist at CMC Markets in Sydney. &#8220;It seems to be dominating markets action at the moment.&#8221; A move by China to protect intellectual property was also providing a supportive atmosphere for the trade talks, McCarthy added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore\/London: Oil prices held above $63 a barrel on Monday as positive comments from the United States and China rekindled hopes in global markets that the world&#8217;s two largest economies could soon sign an interim deal to end their trade war. Brent crude futures were down 5 cents at $63.34 a barrel by 1424 GMT. West Texas Intermediate (WTI) crude was down 20 cents at $57.57. &#8220;It is still all about trade talks,&#8221; said Michael McCarthy, chief market strategist at CMC Markets in Sydney. &#8220;It seems to be dominating markets action at the moment.&#8221; A move by China to protect [&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":[135,130,169],"tags":[],"class_list":["post-302780","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302780","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=302780"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302780\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=302780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=302780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=302780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}