{"id":548130,"date":"2023-01-18T10:00:05","date_gmt":"2023-01-18T04:30:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=548130"},"modified":"2023-01-18T11:18:16","modified_gmt":"2023-01-18T05:48:16","slug":"oil-mixed-amid-weak-china-economic-data-sustained-hopes-for-2023-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-mixed-amid-weak-china-economic-data-sustained-hopes-for-2023-2\/","title":{"rendered":"Oil mixed amid weak China economic data, sustained hopes for 2023"},"content":{"rendered":"<p>MELBOURNE (Reuters) &#8211; Oil prices were mixed on Tuesday after China posted its second-weakest annual economic growth in nearly half a century, with its late-2022 U-turn in COVID-19 policy underpinning hopes of a recovery in the country&#8217;s fuel demand this year.<\/p>\n<p>Brent crude futures edged up by 7 cents, or 0.1%, to $84.52 by 0727 GMT, recouping some of the 1% loss in the previous session.<\/p>\n<p>U.S. West Texas Intermediate (WTI) crude futures slid 73 cents, or 0.9%, to $79.15 from Friday&#8217;s close. There was no settlement on Monday because of the U.S. public holiday for Martin Luther King Day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MELBOURNE (Reuters) &#8211; Oil prices were mixed on Tuesday after China posted its second-weakest annual economic growth in nearly half a century, with its late-2022 U-turn in COVID-19 policy underpinning hopes of a recovery in the country&#8217;s fuel demand this year. Brent crude futures edged up by 7 cents, or 0.1%, to $84.52 by 0727 GMT, recouping some of the 1% loss in the previous session. U.S. West Texas Intermediate (WTI) crude futures slid 73 cents, or 0.9%, to $79.15 from Friday&#8217;s close. There was no settlement on Monday because of the U.S. public holiday for Martin Luther King Day.<\/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":[135,130,169],"tags":[],"class_list":["post-548130","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\/548130","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=548130"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/548130\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=548130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=548130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=548130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}