{"id":488336,"date":"2022-05-02T09:38:28","date_gmt":"2022-05-02T04:08:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=488336"},"modified":"2022-05-02T10:30:42","modified_gmt":"2022-05-02T05:00:42","slug":"oil-falls-on-china-growth-concerns-even-as-eu-weighs-russia-import-ban","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-on-china-growth-concerns-even-as-eu-weighs-russia-import-ban\/","title":{"rendered":"Oil falls on China growth concerns even as EU weighs Russia import ban"},"content":{"rendered":"<p>MELBOURNE (Reuters) &#8211; Oil prices fell on Monday in holiday-sapped trade in Asia as concerns about slowing economic growth in China, the world&#8217;s top oil importer, outweighed fears of potential supply disruptions from a looming European Union ban on Russian crude.<\/p>\n<p>Brent crude futures fell $1.21, or 1.1%, to $105.93 a barrel at 0205 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 99 cents, or 1%, to $103.70 a barrel. Markets in Japan, India and across Southeast Asia were closed for public holidays on Monday.<\/p>\n<p>Prices fell after China released data on Saturday showing that factory activity in the world&#8217;s second-largest economy contracted for a second month to its lowest since February 2020 because of COVID lockdowns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MELBOURNE (Reuters) &#8211; Oil prices fell on Monday in holiday-sapped trade in Asia as concerns about slowing economic growth in China, the world&#8217;s top oil importer, outweighed fears of potential supply disruptions from a looming European Union ban on Russian crude. Brent crude futures fell $1.21, or 1.1%, to $105.93 a barrel at 0205 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 99 cents, or 1%, to $103.70 a barrel. Markets in Japan, India and across Southeast Asia were closed for public holidays on Monday. Prices fell after China released data on Saturday showing that factory activity in [&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-488336","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\/488336","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=488336"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/488336\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=488336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=488336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=488336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}