{"id":71342,"date":"2022-09-01T13:54:21","date_gmt":"2022-09-01T09:54:21","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=71342"},"modified":"2022-09-01T14:14:37","modified_gmt":"2022-09-01T10:14:37","slug":"oil-prices-continue-to-decline-amid-concerns-about-demand","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-prices-continue-to-decline-amid-concerns-about-demand\/09\/01\/market-updates\/","title":{"rendered":"Oil prices continue to decline amid concerns about demand"},"content":{"rendered":"\n<p>Oil prices continued declining in Thursday&#8217;s trading, with the rise of the dollar and increasing concerns about demand, in addition to the reduction of the joint technical committee of OPEC + its forecast for the excess oil supply during this year.<\/p>\n\n\n\n<p>In China, closures will be imposed in the city of Chengdu in Sichuan from Thursday evening due to the rise in cases of the \u201cCovid-19\u201d virus, in the largest step of its kind since Shanghai exited the restrictions that lasted about two months.<\/p>\n\n\n\n<p>Brent crude futures for November delivery fell 0.65% to $95.02 a barrel, at 08:09 am Cairo time.<\/p>\n\n\n\n<p>US crude futures for October delivery also fell 0.69%, or 62 cents, at $88.93 a barrel, after recording their third consecutive monthly loss in August.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices continued declining in Thursday&#8217;s trading, with the rise of the dollar and increasing concerns about demand, in addition to the reduction of the joint technical committee of OPEC + its forecast for the excess oil supply during this year. In China, closures will be imposed in the city of Chengdu in Sichuan from &hellip;<\/p>\n","protected":false},"author":9,"featured_media":71249,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[9950,6846,7536],"class_list":["post-71342","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-fears","tag-oil","tag-recession"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=71342"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71342\/revisions"}],"predecessor-version":[{"id":71345,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71342\/revisions\/71345"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/71249"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=71342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=71342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=71342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}