{"id":543290,"date":"2022-12-15T11:23:12","date_gmt":"2022-12-15T05:53:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=543290"},"modified":"2022-12-15T11:23:12","modified_gmt":"2022-12-15T05:53:12","slug":"oil-prices-largely-unchanged-amid-demand-hopes-interest-rate-hike","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-largely-unchanged-amid-demand-hopes-interest-rate-hike\/","title":{"rendered":"Oil prices largely unchanged amid demand hopes, interest rate hike"},"content":{"rendered":"<p>NEW DELHI: Oil prices were largely unchanged in early Asian trade on Thursday as traders weighed optimism over China&#8217;s demand outlook against the possibility of further interest rate hikes from global central banks.<\/p>\n<p>Brent crude futures were up 1 cent at $82.71 per barrel at 0121 GMT while US crude futures fell 4 cents to $77.24.<\/p>\n<p>The market was bolstered by projections from the International Energy Agency seeing Chinese oil demand recovering next year after a 400,000-bpd contraction in 2022. The agency raised its 2023 oil demand growth estimate to 1.7 million bpd for a total of 101.6 million bpd.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Oil prices were largely unchanged in early Asian trade on Thursday as traders weighed optimism over China&#8217;s demand outlook against the possibility of further interest rate hikes from global central banks. Brent crude futures were up 1 cent at $82.71 per barrel at 0121 GMT while US crude futures fell 4 cents to $77.24. The market was bolstered by projections from the International Energy Agency seeing Chinese oil demand recovering next year after a 400,000-bpd contraction in 2022. The agency raised its 2023 oil demand growth estimate to 1.7 million bpd for a total of 101.6 million bpd.<\/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-543290","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\/543290","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=543290"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/543290\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=543290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=543290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=543290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}