{"id":537563,"date":"2022-11-22T09:44:22","date_gmt":"2022-11-22T04:14:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=537563"},"modified":"2022-11-22T11:13:04","modified_gmt":"2022-11-22T05:43:04","slug":"oil-prices-ease-to-trade-near-2-month-lows-on-china-demand-fears","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-ease-to-trade-near-2-month-lows-on-china-demand-fears\/","title":{"rendered":"Oil prices ease to trade near 2-month lows on China demand fears"},"content":{"rendered":"<p>Oil prices dropped to trade near two-month lows on Monday, having earlier slid by around $1 a barrel, as supply fears receded while concerns over fuel demand from China and U.S. dollar strength weighed on prices. <\/p>\n<p>Brent crude futures for January had slipped 65 cents, or 0.7%, to $86.97 a barrel by 1000 GMT. <\/p>\n<p>U.S. West Texas Intermediate (WTI) crude futures for December were at $79.71 a barrel, down 37 cents or 0.5%, ahead of the contract&#8217;s expiry later on Monday. The more active January contract was down 50 cents or 0.6% to $79.61 a barrel. <\/p>\n<p>Both benchmarks closed Friday at their lowest since Sept. 27, extending losses for a second week, with Brent down 9% and WTI 10% lower.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices dropped to trade near two-month lows on Monday, having earlier slid by around $1 a barrel, as supply fears receded while concerns over fuel demand from China and U.S. dollar strength weighed on prices. Brent crude futures for January had slipped 65 cents, or 0.7%, to $86.97 a barrel by 1000 GMT. U.S. West Texas Intermediate (WTI) crude futures for December were at $79.71 a barrel, down 37 cents or 0.5%, ahead of the contract&#8217;s expiry later on Monday. The more active January contract was down 50 cents or 0.6% to $79.61 a barrel. Both benchmarks closed Friday [&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-537563","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\/537563","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=537563"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/537563\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=537563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=537563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=537563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}