{"id":622045,"date":"2023-12-12T11:01:26","date_gmt":"2023-12-12T05:31:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=622045"},"modified":"2023-12-12T11:01:26","modified_gmt":"2023-12-12T05:31:26","slug":"oil-heads-for-7th-weekly-loss-with-supply-surplus-weak-china-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-heads-for-7th-weekly-loss-with-supply-surplus-weak-china-demand\/","title":{"rendered":"Oil heads for 7th weekly loss with supply surplus, weak China demand"},"content":{"rendered":"<p>LONDON: Oil benchmarks were headed for a seventh straight weekly decline on worries over a global supply surplus and weak Chinese demand, although prices recovered ground on Friday after Saudi Arabia and Russia called for more OPEC+ members to join output cuts.<\/p>\n<p>Brent crude futures were up $1.93, or 2.6%, at $75.98 a barrel at 0913 GMT, while US West Texas Intermediate crude futures were up $1.82, or 2.6%, to $71.16 a barrel.<\/p>\n<p>Brent had earlier risen by $2.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Oil benchmarks were headed for a seventh straight weekly decline on worries over a global supply surplus and weak Chinese demand, although prices recovered ground on Friday after Saudi Arabia and Russia called for more OPEC+ members to join output cuts. Brent crude futures were up $1.93, or 2.6%, at $75.98 a barrel at 0913 GMT, while US West Texas Intermediate crude futures were up $1.82, or 2.6%, to $71.16 a barrel. Brent had earlier risen by $2.<\/p>\n","protected":false},"author":44,"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-622045","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\/622045","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=622045"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/622045\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=622045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=622045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=622045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}