{"id":535907,"date":"2022-11-14T09:50:18","date_gmt":"2022-11-14T04:20:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=535907"},"modified":"2022-11-14T10:15:44","modified_gmt":"2022-11-14T04:45:44","slug":"oil-prices-extend-gains-as-china-eases-some-covid-19-restrictions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-extend-gains-as-china-eases-some-covid-19-restrictions\/","title":{"rendered":"Oil prices extend gains as China eases some Covid-19 restrictions"},"content":{"rendered":"<p>Oil prices rose nearly 1% on Monday, extending gains from the previous session as China eased some of its strict COVID-19 protocols, fuelling hopes of a recovery in economic activity and demand at the world&#8217;s top crude importer. <\/p>\n<p>Brent crude futures rose 87 cents, or 0.9%, to $96.86 a barrel by 0041 GMT after settling up 1.1% on Friday. <\/p>\n<p>U.S. West Texas Intermediate crude futures were at $89.76 a barrel, up 80 cents, or 0.9%, after closing Friday&#8217;s session 2.9% higher. <\/p>\n<p>Commodities prices rallied on Friday after China&#8217;s National Health Commission adjusted its COVID prevention and control measures. But COVID cases climbed in China over the weekend.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose nearly 1% on Monday, extending gains from the previous session as China eased some of its strict COVID-19 protocols, fuelling hopes of a recovery in economic activity and demand at the world&#8217;s top crude importer. Brent crude futures rose 87 cents, or 0.9%, to $96.86 a barrel by 0041 GMT after settling up 1.1% on Friday. U.S. West Texas Intermediate crude futures were at $89.76 a barrel, up 80 cents, or 0.9%, after closing Friday&#8217;s session 2.9% higher. Commodities prices rallied on Friday after China&#8217;s National Health Commission adjusted its COVID prevention and control measures. But COVID [&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-535907","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\/535907","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=535907"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/535907\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=535907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=535907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=535907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}