{"id":541163,"date":"2022-12-06T11:26:26","date_gmt":"2022-12-06T05:56:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=541163"},"modified":"2022-12-06T11:26:26","modified_gmt":"2022-12-06T05:56:26","slug":"oil-prices-climb-after-opec-keeps-output-cut-targets-china-eases-covid-curbs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-climb-after-opec-keeps-output-cut-targets-china-eases-covid-curbs\/","title":{"rendered":"Oil prices climb after OPEC+ keeps output cut targets, China eases Covid curbs"},"content":{"rendered":"<p>MELBOURNE: Oil prices rose as much as 2% on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude.<\/p>\n<p>At the same time, in a positive sign for fuel demand, more Chinese cities eased Covid-19 curbs over the weekend, though a patchwork easing in policies sowed confusion across the country on Monday.<\/p>\n<p>Brent crude futures were last up 72 cents, or 0.8%, to $86.29 a barrel at 0430 GMT, while US West Texas Intermediate (WTI) crude futures gained 70 cents, or 0.9%, to $80.68 a barrel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MELBOURNE: Oil prices rose as much as 2% on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude. At the same time, in a positive sign for fuel demand, more Chinese cities eased Covid-19 curbs over the weekend, though a patchwork easing in policies sowed confusion across the country on Monday. Brent crude futures were last up 72 cents, or 0.8%, to $86.29 a barrel at 0430 GMT, while US West Texas Intermediate (WTI) crude futures gained 70 cents, or 0.9%, to $80.68 a barrel.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-541163","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/541163","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=541163"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/541163\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=541163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=541163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=541163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}