{"id":540258,"date":"2022-12-02T10:39:37","date_gmt":"2022-12-02T05:09:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=540258"},"modified":"2022-12-02T13:17:51","modified_gmt":"2022-12-02T07:47:51","slug":"oil-prices-dip-as-dollar-strengthens-remain-on-track-for-weekly-rise-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-dip-as-dollar-strengthens-remain-on-track-for-weekly-rise-2\/","title":{"rendered":"Oil prices dip as dollar strengthens, remain on track for weekly rise"},"content":{"rendered":"<p>Oil prices edged lower in early Asian trade on Friday as the US dollar pared some losses, while easing Covid-19 curbs in two Chinese cities limited losses. <\/p>\n<p>Brent crude futures were down 11 cents or 0.1 per cent at $86.77 per barrel by 1:28 GMT, while US West Texas Intermediate (WTI) crude futures lost 14 cents or 0.2 per cent to $81.08 per barrel. <\/p>\n<p>The US dollar, which typically trades inversely with oil, edged higher after dipping to 16-week lows against a basket of major currencies following data that showed US consumer spending increased solidly in October.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices edged lower in early Asian trade on Friday as the US dollar pared some losses, while easing Covid-19 curbs in two Chinese cities limited losses. Brent crude futures were down 11 cents or 0.1 per cent at $86.77 per barrel by 1:28 GMT, while US West Texas Intermediate (WTI) crude futures lost 14 cents or 0.2 per cent to $81.08 per barrel. The US dollar, which typically trades inversely with oil, edged higher after dipping to 16-week lows against a basket of major currencies following data that showed US consumer spending increased solidly in October.<\/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-540258","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\/540258","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=540258"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/540258\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=540258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=540258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=540258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}