{"id":546317,"date":"2023-01-05T12:38:24","date_gmt":"2023-01-05T07:08:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=546317"},"modified":"2023-01-05T12:38:24","modified_gmt":"2023-01-05T07:08:24","slug":"oil-rebounds-on-weaker-dollar-economy-concerns-cap-upside","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rebounds-on-weaker-dollar-economy-concerns-cap-upside\/","title":{"rendered":"Oil rebounds on weaker dollar; economy concerns cap upside"},"content":{"rendered":"<p>SINGAPORE: Oil prices rebounded on Thursday amid dollar weakness and as investors emerged to buy dips after two sessions of steep losses, though economic concerns capped recovery.<\/p>\n<p>Brent crude futures had climbed 75 cents, or 1.0%, to $78.59 a barrel by 0400 GMT, while US West Texas Intermediate crude futures rose 77 cents, or 1.1%, to $73.61 a barrel.<\/p>\n<p>Big declines in the previous two days were driven by worries about a potential global recession, especially since short-term economic signs in the world&#8217;s two biggest oil consumers, the United States and China, appeared shaky.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE: Oil prices rebounded on Thursday amid dollar weakness and as investors emerged to buy dips after two sessions of steep losses, though economic concerns capped recovery. Brent crude futures had climbed 75 cents, or 1.0%, to $78.59 a barrel by 0400 GMT, while US West Texas Intermediate crude futures rose 77 cents, or 1.1%, to $73.61 a barrel. Big declines in the previous two days were driven by worries about a potential global recession, especially since short-term economic signs in the world&#8217;s two biggest oil consumers, the United States and China, appeared shaky.<\/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-546317","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\/546317","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=546317"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/546317\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=546317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=546317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=546317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}