{"id":549288,"date":"2023-01-23T11:35:12","date_gmt":"2023-01-23T06:05:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=549288"},"modified":"2023-01-23T11:35:12","modified_gmt":"2023-01-23T06:05:12","slug":"oil-prices-retreat-in-thin-trade-but-china-outlook-offers-support","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-retreat-in-thin-trade-but-china-outlook-offers-support\/","title":{"rendered":"Oil prices retreat in thin trade, but China outlook offers support"},"content":{"rendered":"<p>Oil prices drifted lower in early trade on Monday, thinned by the Lunar New Year holiday in east Asia, but held on to most of last week&#8217;s gains on the prospect of an economic recovery in top oil importer China this year.<\/p>\n<p>Brent crude futures was down by 46 cents, or 0.5%, to $87.17 at 0349 GMT, while US West Texas Intermediate (WTI) crude futures fell 36 cents, or down 0.4%, to $81.28 a barrel.<\/p>\n<p>Last week Brent rose 2.8%, while the US benchmark logged a 1.8% gain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices drifted lower in early trade on Monday, thinned by the Lunar New Year holiday in east Asia, but held on to most of last week&#8217;s gains on the prospect of an economic recovery in top oil importer China this year. Brent crude futures was down by 46 cents, or 0.5%, to $87.17 at 0349 GMT, while US West Texas Intermediate (WTI) crude futures fell 36 cents, or down 0.4%, to $81.28 a barrel. Last week Brent rose 2.8%, while the US benchmark logged a 1.8% gain.<\/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-549288","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\/549288","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=549288"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/549288\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=549288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=549288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=549288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}