{"id":306714,"date":"2019-12-21T12:47:35","date_gmt":"2019-12-21T07:17:35","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=306714"},"modified":"2019-12-21T13:02:05","modified_gmt":"2019-12-21T07:32:05","slug":"oil-prices-hold-near-3-month-highs-on-us-china-trade-deal-progress","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-hold-near-3-month-highs-on-us-china-trade-deal-progress\/","title":{"rendered":"Oil prices hold near 3-month highs on US-China trade deal progress"},"content":{"rendered":"<p>Oil prices held steady near three-month highs on Friday on the back of easing Sino-U.S. trade tensions that have weighed on demand as well as the global economic growth outlook.<\/p>\n<p>Brent futures rose 2 cents, or 0.03%, to 66.56 a barrel by 0145 GMT, while U.S. West Texas Intermediate crude was down 9 cents, or 0.15%, at $61.09 per barrel.<\/p>\n<p>Both benchmarks were still on track for a third consecutive weekly rise.<\/p>\n<p>Progress in a long-running trade dispute between the United States and China, the world&#8217;s two biggest oil consumers, has boosted expectations for higher energy demand next year.<\/p>\n<p>China on Thursday announced a list of import tariff exemptions for six oil and chemical products from the United States, days after the world&#8217;s two largest economies announced an interim trade deal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices held steady near three-month highs on Friday on the back of easing Sino-U.S. trade tensions that have weighed on demand as well as the global economic growth outlook. Brent futures rose 2 cents, or 0.03%, to 66.56 a barrel by 0145 GMT, while U.S. West Texas Intermediate crude was down 9 cents, or 0.15%, at $61.09 per barrel. Both benchmarks were still on track for a third consecutive weekly rise. Progress in a long-running trade dispute between the United States and China, the world&#8217;s two biggest oil consumers, has boosted expectations for higher energy demand next year. China [&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-306714","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/306714","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=306714"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/306714\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=306714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=306714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=306714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}