{"id":488901,"date":"2022-05-04T10:27:53","date_gmt":"2022-05-04T04:57:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=488901"},"modified":"2022-05-04T11:43:03","modified_gmt":"2022-05-04T06:13:03","slug":"oil-prices-fall-on-china-growth-worries-eu-weighs-russian-crude-ban","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-fall-on-china-growth-worries-eu-weighs-russian-crude-ban\/","title":{"rendered":"Oil prices fall on China growth worries, EU weighs Russian crude ban"},"content":{"rendered":"<p>Oil prices fell on Monday as concerns over weak economic growth in China, the world&#8217;s top oil importer, overshadowed fears supply might be crimped by a potential European Union ban on Russian crude.<\/p>\n<p>Brent crude futures fell $2.70, or 2.5%, to $104.44 a barrel at 1111 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell $3.17, or 3%, to $101.52 a barrel.<\/p>\n<p>Markets in Japan, Britain, India and across Southeast Asia were closed for public holidays on Monday.<\/p>\n<p>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>Oil prices fell on Monday as concerns over weak economic growth in China, the world&#8217;s top oil importer, overshadowed fears supply might be crimped by a potential European Union ban on Russian crude. Brent crude futures fell $2.70, or 2.5%, to $104.44 a barrel at 1111 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell $3.17, or 3%, to $101.52 a barrel. Markets in Japan, Britain, India and across Southeast Asia were closed for public holidays on Monday. China released data on Saturday showing that factory activity in the world&#8217;s second-largest economy contracted for a second month to its [&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-488901","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\/488901","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=488901"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/488901\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=488901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=488901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=488901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}