{"id":462006,"date":"2022-01-15T11:42:16","date_gmt":"2022-01-15T06:12:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=462006"},"modified":"2022-01-15T13:25:10","modified_gmt":"2022-01-15T07:55:10","slug":"oil-dips-as-investors-eye-us-crude-release-china-demand-concerns-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-dips-as-investors-eye-us-crude-release-china-demand-concerns-2\/","title":{"rendered":"Oil dips as investors eye US crude release, China demand concerns"},"content":{"rendered":"<p>Oil futures eased for a second session on Friday on expectations that Washington may soon act to cool prices that remain above $80 per barrel, while movement curbs in China to rein in a Covid-19 outbreak weighed on fuel demand. <\/p>\n<p>Brent crude futures fell 6 cents to $84.41 a barrel at 0427 GMT. US West Texas Intermediate crude was down 21 cents, or 0.3 per cent, at $81.91 a barrel.<\/p>\n<p>China, the world&#8217;s second-biggest oil consumer, has suspended some international flights and stepped up efforts to rein in a virus outbreak at Tianjin while the highly transmissible Omicron variant has spread to the northeastern city of Dalian. <\/p>\n<p>Many cities, including Beijing, have also urged people to stay put during the Lunar New Year holiday, which could cool demand for transport fuel during a peak travel season.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil futures eased for a second session on Friday on expectations that Washington may soon act to cool prices that remain above $80 per barrel, while movement curbs in China to rein in a Covid-19 outbreak weighed on fuel demand. Brent crude futures fell 6 cents to $84.41 a barrel at 0427 GMT. US West Texas Intermediate crude was down 21 cents, or 0.3 per cent, at $81.91 a barrel. China, the world&#8217;s second-biggest oil consumer, has suspended some international flights and stepped up efforts to rein in a virus outbreak at Tianjin while the highly transmissible Omicron variant has [&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":[146,130,177],"tags":[],"class_list":["post-462006","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/462006","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=462006"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/462006\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=462006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=462006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=462006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}