{"id":138818,"date":"2024-07-17T10:36:26","date_gmt":"2024-07-17T10:36:26","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=138818"},"modified":"2024-07-17T10:39:21","modified_gmt":"2024-07-17T10:39:21","slug":"oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/","title":{"rendered":"Oil Price: cloudy outlook with bearish tendencies &#8211; By Hemantha Yapa Abeywardena"},"content":{"rendered":"<h2 style=\"text-align: center;\"><span style=\"color: #008080;\"><strong>Oil Price: cloudy outlook with bearish tendencies &#8211; By Hemantha Yapa Abeywardena<\/strong><\/span><\/h2>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-133337 size-thumbnail\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2024\/04\/Hemantha-Yapa-Abeywardena-150x150.jpg\" alt=\"Hemantha Yapa Abeywardena\" width=\"150\" height=\"150\" \/><\/p>\n<div class=\"separator\">\n<p><a href=\"https:\/\/www.oilfutures.co.uk\/2024\/07\/oil-price-cloudy-outlook-with-bearish.html?m=1\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"Chinese GDP Growth 2019-23\" src=\"https:\/\/blogger.googleusercontent.com\/img\/b\/R29vZ2xl\/AVvXsEiSMAnMcHI9jsHvwbmdqpTdwNzkJePBX9RTyclOg-G1ETnOOFDUZc6jHhzec4unyuvXSz5YI-4tpo0kuo2y-ivjsdGDkuIITt2M1pF32i_I8fipNnkYoJNsqv6DIZm3WOoiiSw2m1si_BAA5AwYd-T8FF02v-pGAuvonY-mtu6nk-1_64_3KhtfafZOaEM\/s16000-rw\/chines-gdp-19-24.png\" alt=\"Chinese GDP Growth 2019-23\" width=\"600\" height=\"315\" border=\"0\" data-original-height=\"315\" data-original-width=\"600\" \/><\/a><\/p>\n<div><span style=\"font-size: 16px; color: #000000;\">Source :\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.oilfutures.co.uk\/2024\/07\/oil-price-cloudy-outlook-with-bearish.html?m=1\" target=\"_blank\" rel=\"noopener\">oilfutures<\/a><\/span><\/div>\n<div class=\"separator\"><\/div>\n<div class=\"separator\" style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The slow growth rate of China&#8217;s GDP, around 5% according to the latest forecasts,\u00a0 coupled with the falling gas prices, is clearly inhibiting the potential rise of global oil prices.\u00a0\u00a0<\/span><\/p>\n<div class=\"separator\" style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">China, the world&#8217;s top oil importer and second largest consumer after the US, enjoyed four decades of robust growth that used to be close to 10% &#8211; the envy of the developed world.<\/span><\/div>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">\u00a0The latest data from China&#8217;s Bureau of Statistics, the world&#8217;s second largest economy is heading towards its own new &#8216;normal&#8217; &#8211; a relatively modest growth around 5%.<\/span><\/p>\n<\/div>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.oilfutures.co.uk\/2024\/07\/oil-price-cloudy-outlook-with-bearish.html?m=1\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"China-GDP\" src=\"https:\/\/blogger.googleusercontent.com\/img\/b\/R29vZ2xl\/AVvXsEjW0Mro7Cmh0ku6LohEFxXViKZWufuxy-pW74ZoVBtw1yQ_BlyUZk0rG67I4ukSb5a3eMKjpveJxI7cdkxc1-8Ko_AK7B58FnkrnFgiC23CIVxdfFaxEWv2-DXC5ZOiOPR3FgSTmodSuUlXnRatdJV_61RKClanb8epstbd_k_obgY3EcymYiO4Z2kdIFw\/s16000-rw\/china-gdp.png\" alt=\"China-GDP\" width=\"600\" height=\"358\" border=\"0\" data-original-height=\"358\" data-original-width=\"600\" \/><\/a><\/span><\/p>\n<\/div>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Although China still manages to keep its economy growing despite many headwinds, the concerns on many fronts eclipse the growth picture: its frosty relationships with the West, uneasy diplomatic relations with the neighbours, especially around the South China Sea and of course, its troubled neighbourly relationship with India, the world&#8217;s third largest consumer of oil, to name but a few.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">\u00a0The latest concern over China&#8217;s growth comes in the wake of the latest manufacturing data; in June, the manufacturing PMI index was 49.5%, recording no change from the corresponding value in May. Only in March and April this year, did it go above the threshold, 50%, only to come down in later months.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.oilfutures.co.uk\/2024\/07\/oil-price-cloudy-outlook-with-bearish.html?m=1\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"China PMI June\" src=\"https:\/\/blogger.googleusercontent.com\/img\/b\/R29vZ2xl\/AVvXsEj_0GNyujAX1Y8tlINZdnb1EslFzi4dgKMBYFeub3teL1eEObU6ZQKyrXRX1AA9qID2P_VjBXGOzM4HsUU2JUNdh1-fZ_GXtfBc-UT3nWP6gevhyphenhyphenmAXUP0vc9P1alL8acJqNhPz7VfH1nLRYjFPr-HfqFf7Bd1EWNKwqvAviDm2tMPPTAYZAtCpdS5B9sU\/s16000-rw\/china-pmi-june.PNG\" alt=\"China PMI June\" width=\"596\" height=\"355\" border=\"0\" data-original-height=\"355\" data-original-width=\"596\" \/><\/a><\/span><\/p>\n<div style=\"text-align: justify;\"><\/div>\n<div class=\"separator\" style=\"text-align: justify;\">\n<p><span style=\"font-size: 16px; color: #000000;\">In proportion to the falling manufacturing output, there has been a corresponding loss of demand for oil, explicitly indicated by the weaker refinery output.\u00a0<\/span>\u00a0<span style=\"font-size: 16px; color: #000000;\">Meanwhile, the prices of LNG, liquified natural gas, are falling too. Natural gas, a competitor to oil in some sectors, could bolster the price of oil, if the prices of the former are on the rise. Since there are ample gas stocks in Europe and it is in the warmer summer season, the likelihood of seeing a surge in gas prices is highly unlikely. That means, the influence of gas prices on the price of oil is fast becoming irrelevant .<\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\">In addition, the impact of the wars in\u00a0 Ukraine and the Middle East, and the role of the OPEC+ on the oil prices are becoming hardly noticeable too; these factors have clearly gone past their respective peaks in influencing the commodity markets.<\/span><\/p>\n<\/div>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">All in all, the outlook of the commodity in the short-term is going to be bearish, as none of the significant factors that usually influences the price of oil has the potential to break the ice, reverse the trend and get it out of static phase.\u00a0<\/span><\/p>\n<div style=\"text-align: justify;\"><\/div>\n<div><\/div>\n<div>\n<div style=\"text-align: center;\"><span style=\"font-size: 16px; color: #800000;\"><em><span style=\"text-decoration: underline;\"><a style=\"color: #800000; text-decoration: underline;\" href=\"https:\/\/websitedesigns.com.au\/elankanew\/elanka-newsletter-sign-up\/\" target=\"_blank\" rel=\"noopener\"><strong>Click here to receive your free copy of the eLanka Newsletter twice a week delivered directly\u00a0to\u00a0your\u00a0inbox!<\/strong><\/a><\/span><\/em><\/span><\/div>\n<\/div>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Oil Price: cloudy outlook with bearish tendencies &#8211; By Hemantha Yapa Abeywardena Source :\u00a0oilfutures The slow growth rate of China&#8217;s GDP, around 5% according to the latest forecasts,\u00a0 coupled with the falling gas prices, is clearly inhibiting the potential rise of global oil prices.\u00a0\u00a0 China, the world&#8217;s top oil importer and second largest consumer after [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":138820,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[20,63176],"tags":[66845,66843,38515,66842,66844,63197],"class_list":{"0":"post-138818","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"category-hemantha-yapa-abeywardena","9":"tag-chinas-bureau-of-statistics","10":"tag-chinas-gdp","11":"tag-economy","12":"tag-fuel-price","13":"tag-global-oil-prices","14":"tag-hemantha-yapa-abeywardena","15":"post_format-post-format-aside"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oil Price: cloudy outlook with bearish tendencies - By Hemantha Yapa Abeywardena - eLanka<\/title>\n<meta name=\"description\" content=\"Oil Price: cloudy outlook with bearish tendencies - By Hemantha Yapa Abeywardena The slow growth rate of China&#039;s GDP, around 5% according\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil Price: cloudy outlook with bearish tendencies - By Hemantha Yapa Abeywardena\" \/>\n<meta property=\"og:description\" content=\"Oil Price: cloudy outlook with bearish tendencies - By Hemantha Yapa Abeywardena The slow growth rate of China&#039;s GDP, around 5% according\" \/>\n<meta property=\"og:url\" content=\"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/\" \/>\n<meta property=\"og:site_name\" content=\"eLanka\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/eLanka.com.au\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-17T10:36:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-17T10:39:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2024\/07\/fueling-e1721212572747.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"398\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"eLanka admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"eLanka admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/\"},\"author\":{\"name\":\"eLanka admin\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/person\/f6e635b74ab35ef88a68a9973cacc5bd\"},\"headline\":\"Oil Price: cloudy outlook with bearish tendencies &#8211; By Hemantha Yapa Abeywardena\",\"datePublished\":\"2024-07-17T10:36:26+00:00\",\"dateModified\":\"2024-07-17T10:39:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/\"},\"wordCount\":441,\"publisher\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#organization\"},\"image\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2024\/07\/fueling-e1721212572747.jpg\",\"keywords\":[\"China's Bureau of Statistics\",\"China's GDP\",\"economy\",\"Fuel Price\",\"global oil prices\",\"Hemantha Yapa Abeywardena\"],\"articleSection\":[\"Articles\",\"Hemantha Yapa Abeywardena\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/\",\"url\":\"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/\",\"name\":\"Oil Price: cloudy outlook with bearish tendencies - By Hemantha Yapa Abeywardena - eLanka\",\"isPartOf\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2024\/07\/fueling-e1721212572747.jpg\",\"datePublished\":\"2024-07-17T10:36:26+00:00\",\"dateModified\":\"2024-07-17T10:39:21+00:00\",\"description\":\"Oil Price: cloudy outlook with bearish tendencies - By Hemantha Yapa Abeywardena The slow growth rate of China's GDP, around 5% according\",\"breadcrumb\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#primaryimage\",\"url\":\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2024\/07\/fueling-e1721212572747.jpg\",\"contentUrl\":\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2024\/07\/fueling-e1721212572747.jpg\",\"width\":600,\"height\":398,\"caption\":\"fueling\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/websitedesigns.com.au\/elankanew\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Articles\",\"item\":\"https:\/\/websitedesigns.com.au\/elankanew\/category\/articles\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Hemantha Yapa Abeywardena\",\"item\":\"https:\/\/websitedesigns.com.au\/elankanew\/category\/articles\/hemantha-yapa-abeywardena\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Oil Price: cloudy outlook with bearish tendencies &#8211; By Hemantha Yapa Abeywardena\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#website\",\"url\":\"https:\/\/websitedesigns.com.au\/elankanew\/\",\"name\":\"eLanka\",\"description\":\"eLanka - Sri lanka events in Australia\",\"publisher\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/websitedesigns.com.au\/elankanew\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#organization\",\"name\":\"eLanka\",\"url\":\"https:\/\/websitedesigns.com.au\/elankanew\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2020\/03\/elanka-logo.jpg\",\"contentUrl\":\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2020\/03\/elanka-logo.jpg\",\"width\":192,\"height\":82,\"caption\":\"eLanka\"},\"image\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/eLanka.com.au\/\",\"https:\/\/www.linkedin.com\/in\/elanka\/\",\"https:\/\/www.youtube.com\/user\/SriLankanDownUnder\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/person\/f6e635b74ab35ef88a68a9973cacc5bd\",\"name\":\"eLanka admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2e0d346a7f97b80e861cdeafe7b7de523b59f5060666f1a5da8369457bf9b6c3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2e0d346a7f97b80e861cdeafe7b7de523b59f5060666f1a5da8369457bf9b6c3?s=96&d=mm&r=g\",\"caption\":\"eLanka admin\"},\"sameAs\":[\"https:\/\/websitedesigns.com.au\/elankanew\"],\"url\":\"https:\/\/websitedesigns.com.au\/elankanew\/author\/elanka\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Oil Price: cloudy outlook with bearish tendencies - By Hemantha Yapa Abeywardena - eLanka","description":"Oil Price: cloudy outlook with bearish tendencies - By Hemantha Yapa Abeywardena The slow growth rate of China's GDP, around 5% according","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Oil Price: cloudy outlook with bearish tendencies - By Hemantha Yapa Abeywardena","og_description":"Oil Price: cloudy outlook with bearish tendencies - By Hemantha Yapa Abeywardena The slow growth rate of China's GDP, around 5% according","og_url":"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/","og_site_name":"eLanka","article_publisher":"https:\/\/www.facebook.com\/eLanka.com.au\/","article_published_time":"2024-07-17T10:36:26+00:00","article_modified_time":"2024-07-17T10:39:21+00:00","og_image":[{"width":600,"height":398,"url":"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2024\/07\/fueling-e1721212572747.jpg","type":"image\/jpeg"}],"author":"eLanka admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"eLanka admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#article","isPartOf":{"@id":"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/"},"author":{"name":"eLanka admin","@id":"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/person\/f6e635b74ab35ef88a68a9973cacc5bd"},"headline":"Oil Price: cloudy outlook with bearish tendencies &#8211; By Hemantha Yapa Abeywardena","datePublished":"2024-07-17T10:36:26+00:00","dateModified":"2024-07-17T10:39:21+00:00","mainEntityOfPage":{"@id":"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/"},"wordCount":441,"publisher":{"@id":"https:\/\/websitedesigns.com.au\/elankanew\/#organization"},"image":{"@id":"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#primaryimage"},"thumbnailUrl":"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2024\/07\/fueling-e1721212572747.jpg","keywords":["China's Bureau of Statistics","China's GDP","economy","Fuel Price","global oil prices","Hemantha Yapa Abeywardena"],"articleSection":["Articles","Hemantha Yapa Abeywardena"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/","url":"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/","name":"Oil Price: cloudy outlook with bearish tendencies - By Hemantha Yapa Abeywardena - eLanka","isPartOf":{"@id":"https:\/\/websitedesigns.com.au\/elankanew\/#website"},"primaryImageOfPage":{"@id":"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#primaryimage"},"image":{"@id":"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#primaryimage"},"thumbnailUrl":"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2024\/07\/fueling-e1721212572747.jpg","datePublished":"2024-07-17T10:36:26+00:00","dateModified":"2024-07-17T10:39:21+00:00","description":"Oil Price: cloudy outlook with bearish tendencies - By Hemantha Yapa Abeywardena The slow growth rate of China's GDP, around 5% according","breadcrumb":{"@id":"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#primaryimage","url":"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2024\/07\/fueling-e1721212572747.jpg","contentUrl":"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2024\/07\/fueling-e1721212572747.jpg","width":600,"height":398,"caption":"fueling"},{"@type":"BreadcrumbList","@id":"https:\/\/websitedesigns.com.au\/elankanew\/oil-price-cloudy-outlook-with-bearish-tendencies-by-hemantha-yapa-abeywardena\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/websitedesigns.com.au\/elankanew\/"},{"@type":"ListItem","position":2,"name":"Articles","item":"https:\/\/websitedesigns.com.au\/elankanew\/category\/articles\/"},{"@type":"ListItem","position":3,"name":"Hemantha Yapa Abeywardena","item":"https:\/\/websitedesigns.com.au\/elankanew\/category\/articles\/hemantha-yapa-abeywardena\/"},{"@type":"ListItem","position":4,"name":"Oil Price: cloudy outlook with bearish tendencies &#8211; By Hemantha Yapa Abeywardena"}]},{"@type":"WebSite","@id":"https:\/\/websitedesigns.com.au\/elankanew\/#website","url":"https:\/\/websitedesigns.com.au\/elankanew\/","name":"eLanka","description":"eLanka - Sri lanka events in Australia","publisher":{"@id":"https:\/\/websitedesigns.com.au\/elankanew\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/websitedesigns.com.au\/elankanew\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/websitedesigns.com.au\/elankanew\/#organization","name":"eLanka","url":"https:\/\/websitedesigns.com.au\/elankanew\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/logo\/image\/","url":"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2020\/03\/elanka-logo.jpg","contentUrl":"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2020\/03\/elanka-logo.jpg","width":192,"height":82,"caption":"eLanka"},"image":{"@id":"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/eLanka.com.au\/","https:\/\/www.linkedin.com\/in\/elanka\/","https:\/\/www.youtube.com\/user\/SriLankanDownUnder"]},{"@type":"Person","@id":"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/person\/f6e635b74ab35ef88a68a9973cacc5bd","name":"eLanka admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2e0d346a7f97b80e861cdeafe7b7de523b59f5060666f1a5da8369457bf9b6c3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2e0d346a7f97b80e861cdeafe7b7de523b59f5060666f1a5da8369457bf9b6c3?s=96&d=mm&r=g","caption":"eLanka admin"},"sameAs":["https:\/\/websitedesigns.com.au\/elankanew"],"url":"https:\/\/websitedesigns.com.au\/elankanew\/author\/elanka\/"}]}},"_links":{"self":[{"href":"https:\/\/websitedesigns.com.au\/elankanew\/wp-json\/wp\/v2\/posts\/138818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/websitedesigns.com.au\/elankanew\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/websitedesigns.com.au\/elankanew\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/websitedesigns.com.au\/elankanew\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/websitedesigns.com.au\/elankanew\/wp-json\/wp\/v2\/comments?post=138818"}],"version-history":[{"count":4,"href":"https:\/\/websitedesigns.com.au\/elankanew\/wp-json\/wp\/v2\/posts\/138818\/revisions"}],"predecessor-version":[{"id":138824,"href":"https:\/\/websitedesigns.com.au\/elankanew\/wp-json\/wp\/v2\/posts\/138818\/revisions\/138824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/websitedesigns.com.au\/elankanew\/wp-json\/wp\/v2\/media\/138820"}],"wp:attachment":[{"href":"https:\/\/websitedesigns.com.au\/elankanew\/wp-json\/wp\/v2\/media?parent=138818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/websitedesigns.com.au\/elankanew\/wp-json\/wp\/v2\/categories?post=138818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/websitedesigns.com.au\/elankanew\/wp-json\/wp\/v2\/tags?post=138818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}