{"id":473260,"date":"2022-03-05T10:28:05","date_gmt":"2022-03-05T04:58:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=473260"},"modified":"2022-03-05T11:08:50","modified_gmt":"2022-03-05T05:38:50","slug":"oil-has-wildest-week-on-record-with-markets-rocked-by-war","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-has-wildest-week-on-record-with-markets-rocked-by-war\/","title":{"rendered":"Oil has wildest week on record with markets rocked by war"},"content":{"rendered":"<p>Oil climbed, ending a week in which it swung by more than $20 a barrel after Russia\u2019s invasion of Ukraine roiled global markets and fueled fears of a supply crunch.<\/p>\n<p>Futures in New York and London were up more than 2% Friday. The global Brent benchmark has traded in the biggest range since the launch of the futures contract in 1988 \u2014 eclipsing the wild swings in the global financial crisis of 2008 and when demand plunged in the coronavirus pandemic. Brent was near $112, and West Texas Intermediate traded around $110.<\/p>\n<p>On Friday, prices climbed after Ukrainian officials said Russian forces attacked a nuclear plant \u2014 Europe\u2019s biggest. While the likelihood of a major disruption to Russian supply has boosted prices this week,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil climbed, ending a week in which it swung by more than $20 a barrel after Russia\u2019s invasion of Ukraine roiled global markets and fueled fears of a supply crunch. Futures in New York and London were up more than 2% Friday. The global Brent benchmark has traded in the biggest range since the launch of the futures contract in 1988 \u2014 eclipsing the wild swings in the global financial crisis of 2008 and when demand plunged in the coronavirus pandemic. Brent was near $112, and West Texas Intermediate traded around $110. On Friday, prices climbed after Ukrainian officials said [&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":[130],"tags":[],"class_list":["post-473260","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/473260","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=473260"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/473260\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=473260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=473260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=473260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}