{"id":478353,"date":"2022-03-24T12:07:06","date_gmt":"2022-03-24T06:37:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=478353"},"modified":"2022-03-24T12:07:06","modified_gmt":"2022-03-24T06:37:06","slug":"crude-oil-price-marches-above-120-per-barrel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-price-marches-above-120-per-barrel\/","title":{"rendered":"Crude oil price marches above $120 per barrel"},"content":{"rendered":"<p>Oil prices jumped 5 per cent to over $121 a barrel on Wednesday as a weather-related disruption to Russian and Kazakh crude exports via the Caspian Pipeline Consortium (CPC) pipeline added to worries over tight global supplies.<\/p>\n<p>Brent crude futures were up $5.95, or 5.1 per cent, at $121.43 a barrel as of 12:01 pm EDT. US West Texas Intermediate (WTI) crude futures rose $5.24, or 4.8 per cent, to $114.51 a barrel.<\/p>\n<p>The CPC pipeline has been in the spotlight as the market is on the edge over the ripple effect of heavy sanctions on Russia, the world\u2019s second-largest crude exporter, after its invasion of Ukraine, which Moscow calls a \u201cspecial military operation\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices jumped 5 per cent to over $121 a barrel on Wednesday as a weather-related disruption to Russian and Kazakh crude exports via the Caspian Pipeline Consortium (CPC) pipeline added to worries over tight global supplies. Brent crude futures were up $5.95, or 5.1 per cent, at $121.43 a barrel as of 12:01 pm EDT. US West Texas Intermediate (WTI) crude futures rose $5.24, or 4.8 per cent, to $114.51 a barrel. The CPC pipeline has been in the spotlight as the market is on the edge over the ripple effect of heavy sanctions on Russia, the world\u2019s second-largest [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,215,148],"tags":[],"class_list":["post-478353","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/478353","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=478353"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/478353\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=478353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=478353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=478353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}