{"id":40294,"date":"2022-03-13T21:30:46","date_gmt":"2022-03-13T16:30:46","guid":{"rendered":"https:\/\/pni.net.pk\/en\/?p=40294"},"modified":"2022-03-13T16:21:51","modified_gmt":"2022-03-13T11:21:51","slug":"oil-prices-rise-as-traders-assess-supply-risks","status":"publish","type":"post","link":"https:\/\/pni.net.pk\/en\/latest-business-news\/oil-prices-rise-as-traders-assess-supply-risks\/","title":{"rendered":"Oil prices rise as traders assess supply risks"},"content":{"rendered":"<p>NEW YORK, March 13 (Xinhua\/APP) &#8211;: Oil prices climbed on Friday as traders assessed risks of supply disruptions amid the Russia-Ukraine conflict.<br \/>\nThe West Texas Intermediate (WTI) for April delivery added 3.31 U.S.<\/p>\n<p>dollars, or 3.1 percent, to settle at 109.33 dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery increased 3.34 dollars, or 3.1 percent, to close at 112.67 dollars a barrel on the London ICE Futures Exchange.<\/p>\n<p>For the week, the WTI declined 5.5 percent and Brent lost 4.6 percent, based on the front-month contracts.<\/p>\n<p>The weekly slide came as concerns about disruptions to energy supplies from Russia in the immediate future have somewhat eased.<\/p>\n<p>Russian President Vladimir Putin said Thursday that the country would continue to meet its energy export obligations.<\/p>\n<p>Meanwhile, the International Energy Agency has signalled its willingness to release further oil from emergency reserves if necessary.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 13 (Xinhua\/APP) &#8211;: Oil prices climbed on Friday as traders assessed risks of supply disruptions amid the Russia-Ukraine conflict. The West Texas Intermediate (WTI) for April delivery added 3.31 U.S. dollars, or 3.1 percent, to settle at 109.33 dollars a barrel on [&#8230;]<\/p>\n<p>\n","protected":false},"author":16,"featured_media":40295,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[17677],"class_list":["post-40294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-business-news","tag-oil-prices-rise-as-traders-assess-supply-risks"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Oil prices rise as traders assess supply risks<\/title>\n<meta name=\"description\" content=\"Oil prices rise as traders assess supply risks\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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