{"id":549875,"date":"2023-01-25T09:52:21","date_gmt":"2023-01-25T04:22:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=549875"},"modified":"2023-01-25T11:13:19","modified_gmt":"2023-01-25T05:43:19","slug":"oil-prices-steady-as-china-reopening-is-balanced-by-economic-concerns","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-steady-as-china-reopening-is-balanced-by-economic-concerns\/","title":{"rendered":"Oil prices steady as China reopening is balanced by economic concerns"},"content":{"rendered":"<p>LONDON (Reuters) -Crude oil prices were steady on Tuesday as concerns about a global economic slowdown and expected build in U.S. oil inventories were offset by hopes of a fuel demand recovery from top importer China.<\/p>\n<p>Brent crude was down 30 cents, or 0.3%, at $87.89 a barrel by 1010 GMT. U.S. West Texas Intermediate (WTI) crude fell 35 cents, or 0.4%, to $81.27.<\/p>\n<p>&#8220;The (United States) economy still could roll over and some energy traders are still sceptical on how quickly China&#8217;s crude demand will bounce back this quarter,&#8221; OANDA analyst Edward Moya said in a note.<\/p>\n<p>This week traders are watching for more business data as corporate earnings season gathers momentum, offering clues to the health of economies around the globe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) -Crude oil prices were steady on Tuesday as concerns about a global economic slowdown and expected build in U.S. oil inventories were offset by hopes of a fuel demand recovery from top importer China. Brent crude was down 30 cents, or 0.3%, at $87.89 a barrel by 1010 GMT. U.S. West Texas Intermediate (WTI) crude fell 35 cents, or 0.4%, to $81.27. &#8220;The (United States) economy still could roll over and some energy traders are still sceptical on how quickly China&#8217;s crude demand will bounce back this quarter,&#8221; OANDA analyst Edward Moya said in a note. This week [&hellip;]<\/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-549875","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\/549875","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=549875"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/549875\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=549875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=549875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=549875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}