{"id":448462,"date":"2021-11-09T08:39:48","date_gmt":"2021-11-09T03:09:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=448462"},"modified":"2021-11-09T09:17:50","modified_gmt":"2021-11-09T03:47:50","slug":"oil-gains-after-us-infrastructure-bill-passes-chinese-exports-rise-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-gains-after-us-infrastructure-bill-passes-chinese-exports-rise-2\/","title":{"rendered":"Oil gains after US infrastructure bill passes, Chinese exports rise"},"content":{"rendered":"<p>Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia&#8217;s state-owned producer Aramco raised the official selling price for its crude.<\/p>\n<p>Brent crude was up by 86 cents or 1% at $83.60 a barrel by 0745 GMT, after dropping nearly 2% last week. U.S. oil gained 89 cents or 1.1% to $82.16, having declined almost 3% through Friday.<\/p>\n<p>U.S. President Joe Biden on Saturday welcomed congressional passage of a long-delayed $1 trillion infrastructure bill, which may boost growth and demand for fuel.<\/p>\n<p>China&#8217;s export growth slowed in October but beat forecasts, buoyed by rising global demand ahead of the winter holiday seasons and improvements in coronavirus-hit supply chains.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia&#8217;s state-owned producer Aramco raised the official selling price for its crude. Brent crude was up by 86 cents or 1% at $83.60 a barrel by 0745 GMT, after dropping nearly 2% last week. U.S. oil gained 89 cents or 1.1% to $82.16, having declined almost 3% through Friday. U.S. President Joe Biden on Saturday welcomed congressional passage of a long-delayed $1 trillion infrastructure bill, which may boost growth and demand for fuel. China&#8217;s export growth slowed in October but [&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-448462","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\/448462","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=448462"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/448462\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=448462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=448462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=448462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}