{"id":539272,"date":"2022-11-29T10:55:26","date_gmt":"2022-11-29T05:25:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=539272"},"modified":"2022-11-29T13:27:29","modified_gmt":"2022-11-29T07:57:29","slug":"oil-falls-over-2-a-barrel-as-chinas-covid-protests-fuel-demand-fears","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-over-2-a-barrel-as-chinas-covid-protests-fuel-demand-fears\/","title":{"rendered":"Oil falls over $2 a barrel as China&#8217;s Covid protests fuel demand fears"},"content":{"rendered":"<p>Oil futures fell more than $2 a barrel on Monday, with WTI hitting an 11-month low, as protests in top importer China over strict Covid-19 curbs fuelled demand concerns. <\/p>\n<p>Brent crude dropped $2.16, or 2.6 per cent, to trade at $81.47 a barrel at 0230 GMT, after diving to $81.16 earlier in the session &#8212; its lowest since January 11.<\/p>\n<p>US West Texas Intermediate (WTI) crude slid $2.08, or 2.7 per cent, to $74.20 a barrel. It fell as far as $73.82 earlier &#8212; its lowest since December 27, 2021. <\/p>\n<p>Both benchmarks, which hit 10-month lows last week, have posted three consecutive weekly declines. Brent ended the latest week down 4.6 per cent, while WTI fell 4.7 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil futures fell more than $2 a barrel on Monday, with WTI hitting an 11-month low, as protests in top importer China over strict Covid-19 curbs fuelled demand concerns. Brent crude dropped $2.16, or 2.6 per cent, to trade at $81.47 a barrel at 0230 GMT, after diving to $81.16 earlier in the session &#8212; its lowest since January 11. US West Texas Intermediate (WTI) crude slid $2.08, or 2.7 per cent, to $74.20 a barrel. It fell as far as $73.82 earlier &#8212; its lowest since December 27, 2021. Both benchmarks, which hit 10-month lows last week, have posted [&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-539272","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\/539272","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=539272"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539272\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=539272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=539272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=539272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}