{"id":475775,"date":"2022-03-15T10:26:14","date_gmt":"2022-03-15T04:56:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=475775"},"modified":"2022-03-15T11:16:06","modified_gmt":"2022-03-15T05:46:06","slug":"oil-falls-on-ukraine-talks-fears-of-slower-demand-in-china-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-on-ukraine-talks-fears-of-slower-demand-in-china-2\/","title":{"rendered":"Oil falls on Ukraine talks, fears of slower demand in China"},"content":{"rendered":"<p>Oil prices slid to a two-week low on Tuesday on continued ceasefire talks between Russia and Ukraine and concerns about demand in China after a surge in Covid-19 cases. <\/p>\n<p>Brent futures dropped $4.20 or 3.9 per cent to $102.70 a barrel by 0125 GMT after falling 5.1 per cent the previous day.<\/p>\n<p>US West Texas Intermediate (WTI) crude fell below $100 level for the first time since March 1, dropping $4.30 or 4.2 per cent to $98.71 a barrel. That followed a 5.8 per cent tumble the previous day. <\/p>\n<p>&#8220;Expectations of positive developments in the Russia-Ukraine ceasefire talks bolstered hopes to ease tightness in the global crude market,&#8221; said Toshitaka Tazawa, an analyst at Fujitomi Securities Co Ltd.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices slid to a two-week low on Tuesday on continued ceasefire talks between Russia and Ukraine and concerns about demand in China after a surge in Covid-19 cases. Brent futures dropped $4.20 or 3.9 per cent to $102.70 a barrel by 0125 GMT after falling 5.1 per cent the previous day. US West Texas Intermediate (WTI) crude fell below $100 level for the first time since March 1, dropping $4.30 or 4.2 per cent to $98.71 a barrel. That followed a 5.8 per cent tumble the previous day. &#8220;Expectations of positive developments in the Russia-Ukraine ceasefire talks bolstered hopes [&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-475775","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\/475775","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=475775"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/475775\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=475775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=475775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=475775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}