{"id":530479,"date":"2022-10-18T12:25:45","date_gmt":"2022-10-18T06:55:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=530479"},"modified":"2022-10-18T12:25:45","modified_gmt":"2022-10-18T06:55:45","slug":"oil-prices-steady-as-recession-fears-counter-positive-chinese-signals","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-steady-as-recession-fears-counter-positive-chinese-signals\/","title":{"rendered":"Oil prices steady as recession fears counter positive Chinese signals"},"content":{"rendered":"<p>Oil prices were steady on Monday as China&#8217;s continuation of loose monetary policy was offset by fears that high inflation and energy costs could drag the global economy into recession.<\/p>\n<p>Brent crude futures rose 17 cents, or 0.2%, to $91.80 a barrel by 0915 GMT, recovering from a 6.4% fall last week. U.S. West Texas Intermediate crude was at $85.67 a barrel, up 6 cents, or 0.1%, after a 7.6% decline last week.<\/p>\n<p>China&#8217;s central bank rolled over maturing medium-term policy loans on Monday while keeping the interest rate unchanged for a second month, in a signal that the central bank would continue to maintain loose monetary policy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were steady on Monday as China&#8217;s continuation of loose monetary policy was offset by fears that high inflation and energy costs could drag the global economy into recession. Brent crude futures rose 17 cents, or 0.2%, to $91.80 a barrel by 0915 GMT, recovering from a 6.4% fall last week. U.S. West Texas Intermediate crude was at $85.67 a barrel, up 6 cents, or 0.1%, after a 7.6% decline last week. China&#8217;s central bank rolled over maturing medium-term policy loans on Monday while keeping the interest rate unchanged for a second month, in a signal that the central [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-530479","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/530479","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=530479"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/530479\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=530479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=530479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=530479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}