{"id":497641,"date":"2022-06-10T09:18:47","date_gmt":"2022-06-10T03:48:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=497641"},"modified":"2022-06-10T09:39:51","modified_gmt":"2022-06-10T04:09:51","slug":"oil-sticks-near-three-month-highs-despite-new-covid-lockdowns-in-shanghai","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-sticks-near-three-month-highs-despite-new-covid-lockdowns-in-shanghai\/","title":{"rendered":"Oil sticks near three-month highs despite new Covid lockdowns in Shanghai"},"content":{"rendered":"<p>SINGAPORE (Reuters) -Oil prices hovered near three-month highs on Thursday after parts of Shanghai imposed new COVID-19 lockdown measures, though news of China&#8217;s stronger-than-expected exports in May boosted the demand outlook.<\/p>\n<p>Brent crude futures for August dipped 9 cents to $123.49 a barrel at 0853 GMT, while U.S. West Texas Intermediate crude for July was at $121.89 a barrel, down 22 cents.<\/p>\n<p>Both benchmarks closed on Wednesday at their highest since March 8, matching levels seen in 2008.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE (Reuters) -Oil prices hovered near three-month highs on Thursday after parts of Shanghai imposed new COVID-19 lockdown measures, though news of China&#8217;s stronger-than-expected exports in May boosted the demand outlook. Brent crude futures for August dipped 9 cents to $123.49 a barrel at 0853 GMT, while U.S. West Texas Intermediate crude for July was at $121.89 a barrel, down 22 cents. Both benchmarks closed on Wednesday at their highest since March 8, matching levels seen in 2008.<\/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-497641","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\/497641","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=497641"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497641\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=497641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=497641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=497641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}