{"id":497160,"date":"2022-06-08T10:37:54","date_gmt":"2022-06-08T05:07:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=497160"},"modified":"2022-06-08T11:48:59","modified_gmt":"2022-06-08T06:18:59","slug":"oil-prices-edge-higher-on-relaxed-china-covid-curbs-tight-supplies-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-edge-higher-on-relaxed-china-covid-curbs-tight-supplies-2\/","title":{"rendered":"Oil prices edge higher on relaxed China Covid curbs, tight supplies"},"content":{"rendered":"<p>Oil prices inched higher on Tuesday on expected demand recovery in China as it relaxed tough Covid curbs and doubts a higher output target by OPEC+ producers would ease tight supply. <\/p>\n<p>Brent crude futures were up 19 cents, or 0.2 per cent, at $119.70 barrel at 0050 GMT.<\/p>\n<p>US West Texas Intermediate (WTI) crude futures were up 25 cents, or 0.2 per cent, at $118.75 a barrel. The benchmark hit a three-month high of $120.99 on Monday. <\/p>\n<p>Easing travel restrictions in China are expected to boost demand for oil in the coming weeks, analysts from ANZ Research said in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices inched higher on Tuesday on expected demand recovery in China as it relaxed tough Covid curbs and doubts a higher output target by OPEC+ producers would ease tight supply. Brent crude futures were up 19 cents, or 0.2 per cent, at $119.70 barrel at 0050 GMT. US West Texas Intermediate (WTI) crude futures were up 25 cents, or 0.2 per cent, at $118.75 a barrel. The benchmark hit a three-month high of $120.99 on Monday. Easing travel restrictions in China are expected to boost demand for oil in the coming weeks, analysts from ANZ Research said in a [&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-497160","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\/497160","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=497160"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497160\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=497160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=497160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=497160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}