{"id":536100,"date":"2022-11-14T11:00:13","date_gmt":"2022-11-14T05:30:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=536100"},"modified":"2022-11-14T13:26:36","modified_gmt":"2022-11-14T07:56:36","slug":"oil-prices-extend-gains-on-hopes-of-china-demand-amid-ease-of-covid-protocols","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-extend-gains-on-hopes-of-china-demand-amid-ease-of-covid-protocols\/","title":{"rendered":"Oil prices extend gains on hopes of China demand amid ease of Covid protocols"},"content":{"rendered":"<p>Oil prices rose nearly 1 per cent 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 per cent, to $96.86 a barrel by 0041 GMT after settling up 1.1 per cent on Friday.<\/p>\n<p>US West Texas Intermediate crude futures were at $89.76 a barrel, up 80 cents, or 0.9 per cent, after closing Friday&#8217;s session 2.9 per cent 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 per cent 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 per cent, to $96.86 a barrel by 0041 GMT after settling up 1.1 per cent on Friday. US West Texas Intermediate crude futures were at $89.76 a barrel, up 80 cents, or 0.9 per cent, after closing Friday&#8217;s session 2.9 per cent higher. Commodities prices rallied on Friday after China&#8217;s National Health [&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":[146,130,177],"tags":[],"class_list":["post-536100","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/536100","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=536100"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/536100\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=536100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=536100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=536100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}