{"id":480587,"date":"2022-03-31T10:49:06","date_gmt":"2022-03-31T05:19:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=480587"},"modified":"2022-03-31T10:49:06","modified_gmt":"2022-03-31T05:19:06","slug":"ukraine-crisis-oil-prices-jump-by-3-per-cent","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ukraine-crisis-oil-prices-jump-by-3-per-cent\/","title":{"rendered":"Ukraine crisis: Oil prices jump by 3 per cent"},"content":{"rendered":"<p>Oil prices jumped by more than 3 per cent on Wednesday on supply tightness and the growing prospect of new Western sanctions against Russia even as Moscow and Kyiv held peace talks.<\/p>\n<p>Brent crude futures were up $3.07, or 2.79 per cent, at $113.30 by 1215 GMT, reversing a 2 per cent loss in the previous session. US West Texas Intermediate crude futures rose $3.20, or 3.07 per cent, to $107.44 a barrel, erasing a 1.6 per cent drop on Tuesday.<\/p>\n<p>Crude\u2019s price recovery \u201csuggests the oil market, at least, has a strong degree of scepticism about any \u2018progress\u2019 (in the peace talks),\u201d Commonwealth Bank analyst Tobin Gorey said in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices jumped by more than 3 per cent on Wednesday on supply tightness and the growing prospect of new Western sanctions against Russia even as Moscow and Kyiv held peace talks. Brent crude futures were up $3.07, or 2.79 per cent, at $113.30 by 1215 GMT, reversing a 2 per cent loss in the previous session. US West Texas Intermediate crude futures rose $3.20, or 3.07 per cent, to $107.44 a barrel, erasing a 1.6 per cent drop on Tuesday. Crude\u2019s price recovery \u201csuggests the oil market, at least, has a strong degree of scepticism about any \u2018progress\u2019 (in [&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-480587","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\/480587","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=480587"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/480587\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=480587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=480587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=480587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}