{"id":601983,"date":"2023-09-05T10:58:12","date_gmt":"2023-09-05T05:28:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=601983"},"modified":"2023-09-05T11:58:25","modified_gmt":"2023-09-05T06:28:25","slug":"oil-prices-steady-as-chinas-economic-woes-offset-expected-supply-cuts","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-steady-as-chinas-economic-woes-offset-expected-supply-cuts\/","title":{"rendered":"Oil prices steady as China\u2019s economic woes offset expected supply cuts"},"content":{"rendered":"<p>Oil prices were mostly flat on Tuesday as data showing China\u2019s economy was still struggling with a post-pandemic recovery offset expectations of an extension in supply cuts by leading OPEC+ members Saudi Arabia and Russia. <\/p>\n<p>Brent crude futures for November fell 9 cents, or 0.10%, to $88.91 a barrel. U.S. West Texas Intermediate crude (WTI) October futures rose 34 cents, or 0.4%, to $85.89 at 0315 GMT. <\/p>\n<p>Saudi Arabia is widely expected to extend voluntary oil cuts into October and Russia will unveil a new OPEC+ supply cut deal this week, according to its deputy prime minister.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were mostly flat on Tuesday as data showing China\u2019s economy was still struggling with a post-pandemic recovery offset expectations of an extension in supply cuts by leading OPEC+ members Saudi Arabia and Russia. Brent crude futures for November fell 9 cents, or 0.10%, to $88.91 a barrel. U.S. West Texas Intermediate crude (WTI) October futures rose 34 cents, or 0.4%, to $85.89 at 0315 GMT. Saudi Arabia is widely expected to extend voluntary oil cuts into October and Russia will unveil a new OPEC+ supply cut deal this week, according to its deputy prime minister.<\/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":[130,195,138],"tags":[],"class_list":["post-601983","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/601983","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=601983"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/601983\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=601983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=601983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=601983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}