{"id":443921,"date":"2021-10-21T11:00:37","date_gmt":"2021-10-21T05:30:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=443921"},"modified":"2021-10-21T11:00:37","modified_gmt":"2021-10-21T05:30:37","slug":"oil-drops-as-china-considers-intervention-to-ease-coal-crunch","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-drops-as-china-considers-intervention-to-ease-coal-crunch\/","title":{"rendered":"Oil drops as China considers intervention to ease coal crunch"},"content":{"rendered":"<p>Oil NSE -5.52 % prices fell on Wednesday after the Chinese government stepped up efforts to tame record high coal prices and ensure coal mines operate at full capacity as Beijing moved to ease a power shortage. Brent crude futures dropped 73 cents, or 0.9%, to $84.35 a barrel at 1003 GMT, paring a 75 cent rise in the previous session, but still lingering close to multi-year highs. U.S. West Texas Intermediate (WTI) crude futures for November, which expires on Wednesday, fell 68 cents, or 0.8%, to $82.28 a barrel. The more active WTI contract for December was down 80 cents, or 1%, to $81.64 a barrel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil NSE -5.52 % prices fell on Wednesday after the Chinese government stepped up efforts to tame record high coal prices and ensure coal mines operate at full capacity as Beijing moved to ease a power shortage. Brent crude futures dropped 73 cents, or 0.9%, to $84.35 a barrel at 1003 GMT, paring a 75 cent rise in the previous session, but still lingering close to multi-year highs. U.S. West Texas Intermediate (WTI) crude futures for November, which expires on Wednesday, fell 68 cents, or 0.8%, to $82.28 a barrel. The more active WTI contract for December was down 80 [&hellip;]<\/p>\n","protected":false},"author":39,"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-443921","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\/443921","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=443921"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/443921\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=443921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=443921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=443921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}