{"id":535446,"date":"2022-11-10T11:35:08","date_gmt":"2022-11-10T06:05:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=535446"},"modified":"2022-11-10T11:35:08","modified_gmt":"2022-11-10T06:05:08","slug":"oil-prices-fall-as-china-demand-recession-concerns-outweigh-supply-woes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-fall-as-china-demand-recession-concerns-outweigh-supply-woes\/","title":{"rendered":"Oil prices fall as China demand, recession concerns outweigh supply woes"},"content":{"rendered":"<p>SINGAPORE: Oil prices fell on Tuesday as recession concerns and worsening Covid-19 outbreaks in China sparked fears of lower fuel demand, outweighing supply worries.<\/p>\n<p>Brent crude fell 31 cents, or 0.3%, to $97.61 a barrel by 0434 GMT, while US West Texas Intermediate (WTI) crude fell 36 cents, or 0.4%, to $91.43 a barrel.<\/p>\n<p>Both benchmarks hit their highest since August on Monday amid reports that leaders in China, the world&#8217;s top crude importer, were weighing an exit from the country&#8217;s strict Covid-19 restrictions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE: Oil prices fell on Tuesday as recession concerns and worsening Covid-19 outbreaks in China sparked fears of lower fuel demand, outweighing supply worries. Brent crude fell 31 cents, or 0.3%, to $97.61 a barrel by 0434 GMT, while US West Texas Intermediate (WTI) crude fell 36 cents, or 0.4%, to $91.43 a barrel. Both benchmarks hit their highest since August on Monday amid reports that leaders in China, the world&#8217;s top crude importer, were weighing an exit from the country&#8217;s strict Covid-19 restrictions.<\/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":[130,219,137],"tags":[],"class_list":["post-535446","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/535446","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=535446"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/535446\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=535446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=535446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=535446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}