{"id":378279,"date":"2020-10-14T10:45:21","date_gmt":"2020-10-14T05:15:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=378279"},"modified":"2020-10-14T11:12:59","modified_gmt":"2020-10-14T05:42:59","slug":"oil-up-as-robust-china-trade-data-offsets-returning-supply","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-up-as-robust-china-trade-data-offsets-returning-supply\/","title":{"rendered":"Oil up as robust China trade data offsets returning supply"},"content":{"rendered":"<p>LONDON : Oil prices rebounded on Tuesday as robust China data offset returning supply in Norway, the Gulf of Mexico and Libya.<\/p>\n<p>Brent crude futures rose 63 cents, or 1.5%, to $42.35 a barrel by 1224 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 71 cents, or 1.8%, to $40.14 a barrel.<\/p>\n<p>China, the world&#8217;s top crude oil importer, took in 11.8 million barrels per day (bpd) of oil in September, up 5.5% from August and up 17.5% from a year earlier, customs data showed.<\/p>\n<p>&#8220;Currently, oil demand is driven primarily by China,&#8221; Commerzbank said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON : Oil prices rebounded on Tuesday as robust China data offset returning supply in Norway, the Gulf of Mexico and Libya. Brent crude futures rose 63 cents, or 1.5%, to $42.35 a barrel by 1224 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 71 cents, or 1.8%, to $40.14 a barrel. China, the world&#8217;s top crude oil importer, took in 11.8 million barrels per day (bpd) of oil in September, up 5.5% from August and up 17.5% from a year earlier, customs data showed. &#8220;Currently, oil demand is driven primarily by China,&#8221; Commerzbank said.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-378279","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378279","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=378279"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378279\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=378279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=378279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=378279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}