{"id":448812,"date":"2021-11-10T09:05:28","date_gmt":"2021-11-10T03:35:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=448812"},"modified":"2021-11-10T09:40:30","modified_gmt":"2021-11-10T04:10:30","slug":"oil-steady-amid-rosier-outlook-for-global-economy-strong-fuel-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-steady-amid-rosier-outlook-for-global-economy-strong-fuel-demand\/","title":{"rendered":"Oil steady amid rosier outlook for global economy, strong fuel demand"},"content":{"rendered":"<p>TOKYO (Reuters) &#8211; Oil prices were steady on Tuesday after two straight sessions of gains as the passage of a U.S. infrastructure bill, strong Chinese exports and the global post-pandemic recovery lifted the outlook for fuel demand.<\/p>\n<p>Brent crude was down 2 cents at $83.41 a barrel by 0735 GMT, after gaining 0.8% on Monday. U.S. oil was up 3 cents at $81.96 a barrel, also after a 0.8% gain the previous day.<\/p>\n<p>U.S. President Joe Biden&#8217;s long-delayed $1 trillion infrastructure bill &#8211; which passed through Congress at the weekend &#8211; and better-than-expected Chinese exports helped paint a picture of a more expansive global economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO (Reuters) &#8211; Oil prices were steady on Tuesday after two straight sessions of gains as the passage of a U.S. infrastructure bill, strong Chinese exports and the global post-pandemic recovery lifted the outlook for fuel demand. Brent crude was down 2 cents at $83.41 a barrel by 0735 GMT, after gaining 0.8% on Monday. U.S. oil was up 3 cents at $81.96 a barrel, also after a 0.8% gain the previous day. U.S. President Joe Biden&#8217;s long-delayed $1 trillion infrastructure bill &#8211; which passed through Congress at the weekend &#8211; and better-than-expected Chinese exports helped paint a picture of [&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-448812","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\/448812","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=448812"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/448812\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=448812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=448812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=448812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}