{"id":600884,"date":"2023-09-01T10:46:10","date_gmt":"2023-09-01T05:16:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=600884"},"modified":"2023-09-01T11:35:23","modified_gmt":"2023-09-01T06:05:23","slug":"oil-prices-rise-on-supply-picture-weak-chinese-data-weighs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-rise-on-supply-picture-weak-chinese-data-weighs\/","title":{"rendered":"Oil prices rise on supply picture, weak Chinese data weighs"},"content":{"rendered":"<p>LONDON: Oil prices rose on Thursday, boosted by a large drawdown in US crude inventories and production cuts by OPEC+, but a slowdown in China&#8217;s manufacturing activity limited gains. <\/p>\n<p>Brent crude futures for October, expiring on Thursday, rose 45 cents, or 0.5%, to $86.31 a barrel by 1004 GMT. The more active November contract was up 25 cents, or 0.3%, at $85.49. <\/p>\n<p>US West Texas Intermediate crude futures for October rose 29 cents, or 0.4%, to $81.29. <\/p>\n<p>US government data on Wednesday showed the country&#8217;s crude inventories fell by a larger than expected 10.6 million barrels last week, depleted by high exports and refinery runs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Oil prices rose on Thursday, boosted by a large drawdown in US crude inventories and production cuts by OPEC+, but a slowdown in China&#8217;s manufacturing activity limited gains. Brent crude futures for October, expiring on Thursday, rose 45 cents, or 0.5%, to $86.31 a barrel by 1004 GMT. The more active November contract was up 25 cents, or 0.3%, at $85.49. US West Texas Intermediate crude futures for October rose 29 cents, or 0.4%, to $81.29. US government data on Wednesday showed the country&#8217;s crude inventories fell by a larger than expected 10.6 million barrels last week, depleted by [&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":[130,219,137],"tags":[],"class_list":["post-600884","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\/600884","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=600884"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/600884\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=600884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=600884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=600884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}