{"id":472961,"date":"2022-03-04T10:37:05","date_gmt":"2022-03-04T05:07:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=472961"},"modified":"2022-03-04T12:04:37","modified_gmt":"2022-03-04T06:34:37","slug":"oil-rebounds-as-escalating-ukraine-conflict-raises-supply-concerns-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rebounds-as-escalating-ukraine-conflict-raises-supply-concerns-2\/","title":{"rendered":"Oil rebounds as escalating Ukraine conflict raises supply concerns"},"content":{"rendered":"<p>Oil prices rebounded on Friday as the disruption of Russian oil exports because of western sanctions outweighed the prospect of more Iranian supplies from a possible nuclear deal. <\/p>\n<p>Brent crude futures for May rose to as much as $114.23 a barrel and were at $113.72, up $3.26, or 3 per cent by 0121 GMT. The contract fell 2.2 per cent on Thursday.<\/p>\n<p>US West Texas Intermediate for April rose $4.15, or 3.9 per cent, to $111.82 a barrel after touching a high of $112.84 earlier in the session. The contract fell 2.6 per cent in the previous session. <\/p>\n<p>Global markets sank while oil prices rose on signs of an escalation in the Russia-Ukraine conflict after reports that a Ukrainian nuclear power plant, Europe&#8217;s largest, was on fire after an attack by Russian troops.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rebounded on Friday as the disruption of Russian oil exports because of western sanctions outweighed the prospect of more Iranian supplies from a possible nuclear deal. Brent crude futures for May rose to as much as $114.23 a barrel and were at $113.72, up $3.26, or 3 per cent by 0121 GMT. The contract fell 2.2 per cent on Thursday. US West Texas Intermediate for April rose $4.15, or 3.9 per cent, to $111.82 a barrel after touching a high of $112.84 earlier in the session. The contract fell 2.6 per cent in the previous session. Global markets [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-472961","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/472961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=472961"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/472961\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=472961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=472961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=472961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}