{"id":64027,"date":"2022-04-18T12:33:00","date_gmt":"2022-04-18T08:33:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=64027"},"modified":"2022-04-18T10:08:12","modified_gmt":"2022-04-18T06:08:12","slug":"oil-prices-rise-on-supply-concerns-as-the-ukraine-crisis-deepens","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-prices-rise-on-supply-concerns-as-the-ukraine-crisis-deepens\/04\/18\/market-updates\/","title":{"rendered":"Oil prices rise on supply concerns as the Ukraine crisis deepens"},"content":{"rendered":"\n<p>Oil prices rose to their highest level in nearly three weeks on Monday, as fears of a global supply tightness intensified as the crisis in Ukraine deepened, raising the prospect of tougher Western sanctions against Russia, the world&#8217;s largest crude exporter.<\/p>\n\n\n\n<p>Brent crude futures rose 1.09, or 1.0 percent, to $112.79 a barrel, after hitting its highest level since March 30 at $113.80 a barrel earlier in the session.<\/p>\n\n\n\n<p>US West Texas Intermediate crude futures rose a dollar, or 0.9 percent, to $ 107.95 a barrel.<\/p>\n\n\n\n<p>Both crudes rose before the Easter holiday more than 2.5 percent on Thursday on news that the European Union may impose a ban on Russian oil imports.<\/p>\n\n\n\n<p>EU governments said last week that the bloc&#8217;s executive was working on proposals to ban Russian crude, but diplomats said Germany was not actively supporting an immediate ban.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose to their highest level in nearly three weeks on Monday, as fears of a global supply tightness intensified as the crisis in Ukraine deepened, raising the prospect of tougher Western sanctions against Russia, the world&#8217;s largest crude exporter. Brent crude futures rose 1.09, or 1.0 percent, to $112.79 a barrel, after hitting &hellip;<\/p>\n","protected":false},"author":9,"featured_media":53340,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[6832,9414,7523,7820,6871,6909],"class_list":["post-64027","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-china","tag-embargo","tag-lockdown","tag-risk-appetite","tag-usd","tag-wti"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=64027"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64027\/revisions"}],"predecessor-version":[{"id":64028,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64027\/revisions\/64028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53340"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=64027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=64027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=64027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}