{"id":6042,"date":"2022-10-17T18:01:12","date_gmt":"2022-10-17T18:01:12","guid":{"rendered":"https:\/\/gulftimes.ae\/oil-steady-as-positive-chinese-signals-counter-recession-fears\/"},"modified":"2022-10-17T18:01:12","modified_gmt":"2022-10-17T18:01:12","slug":"oil-steady-as-positive-chinese-signals-counter-recession-fears","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=6042","title":{"rendered":"Oil steady as positive Chinese signals counter recession fears"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div class=\"field field-name-field-publication-date field-type-datestamp field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><span class=\"date-display-single\">Mon, 2022-10-17 20:57<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>\n\tHOUSTON: Oil prices held steady on Monday in choppy trading as China\u2019s continuation of loose monetary policy offset fears that high inflation and energy costs could drag the global economy into recession.<\/p>\n<p>\n\tBrent crude futures were down 2 cents, or 0.02 percent, to $91.67 a barrel by 11:37 a.m. EDT (1537 GMT), recovering from a 6.4 percent fall last week. U.S. West Texas Intermediate crude was up 4 cents, or 0.4 percent, at $85.57 after a 7.6 percent decline last week.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-field-binary field-type-image field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above\">\n<div class=\"field-label\">Main category:&nbsp;<\/div>\n<div class=\"field-items\">\n<div class=\"field-item even\">Business &amp; Economy<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.arabnews.com\/node\/2182791\/business-economy\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mon, 2022-10-17 20:57 HOUSTON: Oil prices held steady on Monday in choppy trading as China\u2019s continuation&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-6042","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.0 (Yoast SEO v28.5) - 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