{"id":305525,"date":"2019-12-13T11:24:42","date_gmt":"2019-12-13T05:54:42","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=305525"},"modified":"2019-12-13T11:34:32","modified_gmt":"2019-12-13T06:04:32","slug":"oil-prices-hit-highest-in-3-months-as-us-china-trade-deal-takes-shape-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-hit-highest-in-3-months-as-us-china-trade-deal-takes-shape-2\/","title":{"rendered":"Oil prices hit highest in 3 months as US-China trade deal takes shape"},"content":{"rendered":"<p>Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world&#8217;s two biggest economies that has raised big questions about global demand for crude. <\/p>\n<p>Brent futures climbed 48 cents, or 0.8 per cent, to $64.68 a barrel by 0221 GMT, its highest since Sept. 23. <\/p>\n<p>West Texas Intermediate (WTI) crude was up 36 cents, or 0.6 per cent, to $59.54 a barrel, the highest since Sept. 16. <\/p>\n<p>While a trade deal that would end uncertainty could provide a shot in the arm for oil demand in the near term, concerns continue to hover about the demand profile amid ample supplies going forward.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world&#8217;s two biggest economies that has raised big questions about global demand for crude. Brent futures climbed 48 cents, or 0.8 per cent, to $64.68 a barrel by 0221 GMT, its highest since Sept. 23. West Texas Intermediate (WTI) crude was up 36 cents, or 0.6 per cent, to $59.54 a barrel, the highest since Sept. 16. While a trade deal that would end uncertainty could provide a shot in the arm for [&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-305525","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305525","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=305525"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305525\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=305525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=305525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=305525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}