{"id":545376,"date":"2022-12-29T12:01:46","date_gmt":"2022-12-29T06:31:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=545376"},"modified":"2022-12-29T12:01:46","modified_gmt":"2022-12-29T06:31:46","slug":"oil-drops-2-in-light-trading-on-china-demand-concern-amid-covid-surge","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-drops-2-in-light-trading-on-china-demand-concern-amid-covid-surge\/","title":{"rendered":"Oil drops 2% in light trading on China demand concern amid Covid surge"},"content":{"rendered":"<p>Oil prices dipped on Wednesday as traders weighed concerns over a surge in COVID-19 cases in China, the world&#8217;s top oil importer, against the chances easing pandemic restrictions in the country will boost fuel demand.<\/p>\n<p>Brent crude futures fell $1.69, or 2%, to $82.64 a barrel by 10:01 a.m. EST [1501 GMT], while the U.S. West Texas Intermediate crude futures fell $1.55, or 2%, to $77.98 per barrel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices dipped on Wednesday as traders weighed concerns over a surge in COVID-19 cases in China, the world&#8217;s top oil importer, against the chances easing pandemic restrictions in the country will boost fuel demand. Brent crude futures fell $1.69, or 2%, to $82.64 a barrel by 10:01 a.m. EST [1501 GMT], while the U.S. West Texas Intermediate crude futures fell $1.55, or 2%, to $77.98 per barrel.<\/p>\n","protected":false},"author":39,"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-545376","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\/545376","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=545376"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/545376\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=545376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=545376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=545376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}