{"id":553732,"date":"2023-02-07T10:48:22","date_gmt":"2023-02-07T05:18:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=553732"},"modified":"2023-02-07T12:31:22","modified_gmt":"2023-02-07T07:01:22","slug":"oil-rises-on-supply-concerns-china-demand-outlook-brightens","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-on-supply-concerns-china-demand-outlook-brightens\/","title":{"rendered":"Oil rises on supply concerns, China demand outlook brightens"},"content":{"rendered":"<p>Oil prices rose for a second day on Tuesday on supply concerns after an earthquake shuttered a major export terminal in Turkey and a field in the North Sea shut unexpectedly, while demand in China, the world&#8217;s biggest importer, looks set to increase.<\/p>\n<p>Brent crude futures rose 40 cents, or 0.5 per cent, to $81.39 per barrel by 0117 GMT, while West Texas Intermediate futures rose 43 cents, or 0.6 per cent, to $74.54 per barrel.<\/p>\n<p>Operations at Turkey&#8217;s oil terminal in Ceyhan halted after a major earthquake hit the region. The facility can export up to 1 million barrels per day (bpd) of crude.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose for a second day on Tuesday on supply concerns after an earthquake shuttered a major export terminal in Turkey and a field in the North Sea shut unexpectedly, while demand in China, the world&#8217;s biggest importer, looks set to increase. Brent crude futures rose 40 cents, or 0.5 per cent, to $81.39 per barrel by 0117 GMT, while West Texas Intermediate futures rose 43 cents, or 0.6 per cent, to $74.54 per barrel. Operations at Turkey&#8217;s oil terminal in Ceyhan halted after a major earthquake hit the region. The facility can export up to 1 million barrels [&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":[146,130,177],"tags":[],"class_list":["post-553732","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/553732","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=553732"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/553732\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=553732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=553732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=553732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}