{"id":51166,"date":"2022-12-27T23:57:12","date_gmt":"2022-12-27T19:57:12","guid":{"rendered":"https:\/\/www.uaebarq.ae\/en\/?p=51166"},"modified":"2022-12-27T23:57:14","modified_gmt":"2022-12-27T19:57:14","slug":"oil-reaches-three-week-high-as-china-relaxes-covid-limits","status":"publish","type":"post","link":"https:\/\/www.uaebarq.ae\/en\/2022\/12\/27\/oil-reaches-three-week-high-as-china-relaxes-covid-limits\/","title":{"rendered":"Oil reaches three-week high as China relaxes COVID limits"},"content":{"rendered":"\n<p>Oil touched a three-week-high Tuesday as China&#8217;s latest relaxation of COVID-19 restrictions fueled prospects of a demand revival, while production in the United States was impacted by winter storms.<\/p>\n\n\n\n<p>Brent Crude was up $1.22, or 1.5%, at $85.14 a barrel by 1:07 p.m. EST (1807 GMT) and U.S. West Texas Intermediate crude rose $1.06 to $80.62 per barrel, a 1.3% gain, according to Reuters.<\/p>\n\n\n\n<p>Both benchmarks hit their highest level since Dec. 5 earlier in the session. UK and U.S. markets were closed on Monday for the Christmas holiday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil touched a three-week-high Tuesday as China&#8217;s latest relaxation of COVID-19 restrictions fueled prospects of a demand revival, while production in the United States was impacted by winter storms. Brent Crude was up $1.22, or 1.5%, at $85.14 a barrel by 1:07 p.m. EST (1807 GMT) and U.S. West Texas Intermediate crude rose $1.06 to &hellip;<\/p>\n","protected":false},"author":2,"featured_media":51167,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51166","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news"],"_links":{"self":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/51166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/comments?post=51166"}],"version-history":[{"count":1,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/51166\/revisions"}],"predecessor-version":[{"id":51168,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/51166\/revisions\/51168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media\/51167"}],"wp:attachment":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media?parent=51166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/categories?post=51166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/tags?post=51166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}