{"id":451752,"date":"2021-11-25T08:37:15","date_gmt":"2021-11-25T03:07:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=451752"},"modified":"2021-11-25T10:28:03","modified_gmt":"2021-11-25T04:58:03","slug":"beijing-has-upper-hand-as-us-asks-to-release-oil-reserves-china-daily","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/beijing-has-upper-hand-as-us-asks-to-release-oil-reserves-china-daily\/","title":{"rendered":"Beijing &#8216;has upper hand&#8217; as US asks to release oil reserves: China Daily"},"content":{"rendered":"<p>The United States is &#8220;turning to China for help&#8221; to cool inflation by releasing some of its oil reserves, the state-backed Global Times said in an editorial on Wednesday, adding that the move will benefit everyone but China &#8220;has the upper hand.&#8221; <\/p>\n<p>Washington has asked some of the world&#8217;s largest oil consuming nations including Japan, South Korea, India and China to consider releasing some millions of barrels of oil from strategic reserves in a coordinated effort to lower prices and stimulate the economic recovery. <\/p>\n<p>China&#8217;s state reserve bureau later said it is working on a release of crude oil reserves but declined to comment on the U.S. request.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States is &#8220;turning to China for help&#8221; to cool inflation by releasing some of its oil reserves, the state-backed Global Times said in an editorial on Wednesday, adding that the move will benefit everyone but China &#8220;has the upper hand.&#8221; Washington has asked some of the world&#8217;s largest oil consuming nations including Japan, South Korea, India and China to consider releasing some millions of barrels of oil from strategic reserves in a coordinated effort to lower prices and stimulate the economic recovery. China&#8217;s state reserve bureau later said it is working on a release of crude oil reserves [&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-451752","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\/451752","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=451752"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/451752\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=451752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=451752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=451752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}