{"id":70263,"date":"2022-06-07T07:35:32","date_gmt":"2022-06-07T06:35:32","guid":{"rendered":"https:\/\/www.nationalturk.com\/en\/?p=70263"},"modified":"2022-06-07T07:35:33","modified_gmt":"2022-06-07T06:35:33","slug":"chinas-corona-policy-oil-prices-increase-moderately","status":"publish","type":"post","link":"https:\/\/www.nationalturk.com\/en\/chinas-corona-policy-oil-prices-increase-moderately\/","title":{"rendered":"China&#8217;s corona policy: oil prices increase moderately"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">China&#8217;s loosening of the corona policy has an immediate impact on the oil price. This continues to increase.<\/h2>\n\n\n\n<p>Oil prices were modestly higher in early trade on Tuesday. In the morning, a barrel (159 liters) of North Sea Brent cost US$ 120.15. That was 64 cents more than the day before. The price of a barrel of West Texas Intermediate (WTI) was up 65 cents to $119.15.<\/p>\n\n\n\n<p>Market participants explained the price premiums primarily with easing of China&#8217;s corona policy. In the large metropolises of Beijing and Shanghai, the very strict countermeasures are being relaxed step by step due to declining infections.<\/p>\n\n\n\n<p>This not only ensures relaxation in world trade, which is heavily dependent on China&#8217;s exports. The People&#8217;s Republic&#8217;s energy consumption is also likely to increase, which will benefit oil prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s loosening of the corona policy has an immediate impact on the oil price. This continues to increase. Oil prices were modestly higher in early trade on Tuesday. In the morning, a barrel (159 liters) of North Sea Brent cost US$ 120.15. That was 64 cents more than the day before. The price of a &hellip;<\/p>\n","protected":false},"author":29,"featured_media":67881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[],"class_list":["post-70263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/70263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/comments?post=70263"}],"version-history":[{"count":0,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/70263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/media\/67881"}],"wp:attachment":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/media?parent=70263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/categories?post=70263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/tags?post=70263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}