{"id":61689,"date":"2023-02-06T01:38:10","date_gmt":"2023-02-06T01:38:10","guid":{"rendered":"https:\/\/showbizztoday.com\/index.php\/2023\/02\/06\/oil-prices-edge-higher-as-ieas-birol-talks-up-china-demand-outlook\/"},"modified":"2023-02-06T01:38:10","modified_gmt":"2023-02-06T01:38:10","slug":"oil-costs-edge-increased-as-ieas-birol-talks-up-china-demand-outlook","status":"publish","type":"post","link":"https:\/\/showbizztoday.com\/index.php\/2023\/02\/06\/oil-costs-edge-increased-as-ieas-birol-talks-up-china-demand-outlook\/","title":{"rendered":"Oil costs edge increased as IEA\u2019s Birol talks up China demand outlook"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/business.inquirer.net\/wp-content\/blogs.dir\/5\/files\/2023\/01\/2023-01-12T020000Z_1_LYNXMPEJ0B01Z_RTROPTP_4_NORWAY-OIL-WINTERSHALL-DEA-620x361.jpg\" \/><br \/>MELBOURNE &#8211; Oil costs inched up in early commerce on Monday after falling round 8 % final week to greater than three-week lows as jitters over main economies outweighed indicators of a requirement restoration in China, the world&#8217;s high oil importer.<\/p>\n<p>Brent crude futures crawled up 16 cents, or 0.2 %, to $80.10 a barrel at 0022 GMT, whereas U.S. West Texas Intermediate (WTI) crude futures rose 15 cents, additionally 0.2 % increased, to $73.54 a barrel.<\/p>\n<p>Last Friday, WTI and Brent slid 3 % after sturdy U.S. jobs knowledge raised issues that the Federal Reserve would preserve elevating rates of interest, which in flip boosted the greenback.<\/p>\n<p>While recession fears dominated the market final week, on Sunday I&#8230;<\/p>\n<p>Keep on studying: <a href=\"https:\/\/business.inquirer.net\/385214\/oil-prices-edge-higher-as-ieas-birol-talks-up-china-demand-outlook\/\" target=\"_blank\" rel=\"noopener\">Oil costs edge increased as IEA&#8217;s Birol talks up China demand outlook<\/a><br \/>\n<br \/>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] MELBOURNE &#8211; Oil costs inched up in early commerce on Monday after falling round 8 % final week to greater than three-week lows as jitters over main economies outweighed indicators of a requirement restoration in China, the world&#8217;s high oil importer. Brent crude futures crawled up 16 cents, or 0.2 %, to $80.10 a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":61691,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[],"class_list":{"0":"post-61689","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sports"},"_links":{"self":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/61689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=61689"}],"version-history":[{"count":0,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/61689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media\/61691"}],"wp:attachment":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=61689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=61689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=61689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}