{"id":528446,"date":"2022-10-11T09:39:49","date_gmt":"2022-10-11T04:09:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=528446"},"modified":"2022-10-11T10:24:23","modified_gmt":"2022-10-11T04:54:23","slug":"oil-falls-as-china-demand-concerns-fuel-recession-fears","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-as-china-demand-concerns-fuel-recession-fears\/","title":{"rendered":"Oil falls as China demand concerns fuel recession fears"},"content":{"rendered":"<p>Oil prices fell on Monday, ending five straight days of gains, as investors looked to slowing economic activity in China, the world&#8217;s biggest crude importer, which revived concerns about a global recession and falling global fuel demand.<\/p>\n<p>Brent crude futures for December settlement fell by as much as 1.1%, and was last down 77 cents, or 0.8%, at $97.15 a barrel by 0645 GMT.<\/p>\n<p>West Texas Intermediate crude for November delivery declined by as much as 1.1% and was last at $92 a barrel, down 64 cents, or 0.7%.<\/p>\n<p>Services activity in China during September contracted for the first time in four months as COVID-19 restrictions hit demand and business confidence, data showed on Saturday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell on Monday, ending five straight days of gains, as investors looked to slowing economic activity in China, the world&#8217;s biggest crude importer, which revived concerns about a global recession and falling global fuel demand. Brent crude futures for December settlement fell by as much as 1.1%, and was last down 77 cents, or 0.8%, at $97.15 a barrel by 0645 GMT. West Texas Intermediate crude for November delivery declined by as much as 1.1% and was last at $92 a barrel, down 64 cents, or 0.7%. Services activity in China during September contracted for the first time [&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-528446","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\/528446","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=528446"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/528446\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=528446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=528446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=528446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}