{"id":536276,"date":"2022-11-15T11:09:30","date_gmt":"2022-11-15T05:39:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=536276"},"modified":"2022-11-15T12:51:47","modified_gmt":"2022-11-15T07:21:47","slug":"oil-reverses-gains-falls-on-china-covid-surge-firmer-dollar","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-reverses-gains-falls-on-china-covid-surge-firmer-dollar\/","title":{"rendered":"Oil reverses gains, falls on China Covid surge, firmer dollar"},"content":{"rendered":"<p>Oil prices pared earlier gains and fell on Monday, dragged down by a firmer US dollar and record high coronavirus cases in major Chinese cities that dashed hopes of the reopening of the economy of the world&#8217;s biggest crude importer. <\/p>\n<p>Contracts for Brent crude and US West Texas Intermediate had edged up nearly 1 per cent earlier in the session but later reversed their trajectory and headed lower.<\/p>\n<p>Brent crude futures were down 32 cents, or 0.3 per cent, to $95.67 a barrel by 0725 GMT after settling up 1.1 per cent on Friday while WTI crude futures fell 39 cents, or 0.4 per cent, to $88.57 a barrel after closing Friday&#8217;s session 2.9 per cent higher.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices pared earlier gains and fell on Monday, dragged down by a firmer US dollar and record high coronavirus cases in major Chinese cities that dashed hopes of the reopening of the economy of the world&#8217;s biggest crude importer. Contracts for Brent crude and US West Texas Intermediate had edged up nearly 1 per cent earlier in the session but later reversed their trajectory and headed lower. Brent crude futures were down 32 cents, or 0.3 per cent, to $95.67 a barrel by 0725 GMT after settling up 1.1 per cent on Friday while WTI crude futures fell 39 [&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-536276","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\/536276","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=536276"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/536276\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=536276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=536276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=536276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}