{"id":621565,"date":"2023-12-07T10:54:35","date_gmt":"2023-12-07T05:24:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=621565"},"modified":"2023-12-07T12:16:42","modified_gmt":"2023-12-07T06:46:42","slug":"oil-rebounds-from-six-month-low-demand-concerns-still-cloud","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rebounds-from-six-month-low-demand-concerns-still-cloud\/","title":{"rendered":"Oil rebounds from six-month-low, demand concerns still cloud"},"content":{"rendered":"<p>Oil prices reclaimed some ground on Thursday after tumbling to a six-month-low in the previous session, but investors remained concerned about sluggish demand and economic slowdowns in the U.S. and China. <\/p>\n<p>Brent crude futures rose 38 cents, or 0.5%, to $74.68 a barrel by 0409 GMT. U.S. West Texas Intermediate crude futures rose 42 cents, or 0.6%, to $69.80 a barrel. <\/p>\n<p>\u201cOil markets may have been oversold,\u201d which could mean the recovery is a \u201cshort-term rebound,\u201d said Tina Teng, a markets analyst with CMC Markets, in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices reclaimed some ground on Thursday after tumbling to a six-month-low in the previous session, but investors remained concerned about sluggish demand and economic slowdowns in the U.S. and China. Brent crude futures rose 38 cents, or 0.5%, to $74.68 a barrel by 0409 GMT. U.S. West Texas Intermediate crude futures rose 42 cents, or 0.6%, to $69.80 a barrel. \u201cOil markets may have been oversold,\u201d which could mean the recovery is a \u201cshort-term rebound,\u201d said Tina Teng, a markets analyst with CMC Markets, in a note.<\/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-621565","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\/621565","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=621565"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621565\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=621565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=621565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=621565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}