{"id":161619,"date":"2014-03-17T22:33:06","date_gmt":"2014-03-17T22:33:06","guid":{"rendered":"http:\/\/151.106.38.4\/2014\/03\/17\/crude-prices-up-after-crimea-referendum\/"},"modified":"2014-03-17T22:33:06","modified_gmt":"2014-03-17T22:33:06","slug":"crude-prices-up-after-crimea-referendum","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2014\/03\/17\/crude-prices-up-after-crimea-referendum\/","title":{"rendered":"Crude prices up after Crimea referendum"},"content":{"rendered":"<p><img src=\/old_site\/>Oil prices rose in Asia Monday on increased geopolitical tensions as the United States hinted at fresh sanctions against Moscow after Crimea voted in a referendum to break away from Ukraine and join Russia.<br \/>\nThe United States strongly rejected the vote yesterday, saying it violated Ukraine\u2019s constitution and was carried out \u201cunder duress of Russian military intervention\u201d.<br \/>\nNew York\u2019s main contract, West Texas Intermediate for April delivery, was up 23 cents to USD 99.12 in mid-morning Asian trade, and Brent North Sea crude for May gained 11 cents to USD 108.32.<br \/>\nTan Chee Tat, investment analyst at Phillip Futures in Singapore, said US-led Western powers are likely to impose additional sanctions on Russia, which is seen as having orchestrated Crimea\u2019s breakaway after a pro-Western government took over in Kiev.<br \/>\nInvestors are worried that potential sanctions against Russia could disrupt gas and oil supplies from the country.<br \/>\nMore than 70 per cent of Russia\u2019s gas and oil exports to Europe pass through Ukraine.<br \/>\n&nbsp;Traders are also keeping an eye on the new Federal Reserve\u2019s next policy meeting tomorrow and Wednesday.<br \/>\nThe US central bank is expected to further cut its economic stimulus programme as the economy shows further signs of recovery.<br \/>\nThe health of the US economy is a key influence on oil prices as the US is the world\u2019s biggest oil consuming nation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose in Asia Monday on increased geopolitical tensions as the United States hinted at fresh sanctions against Moscow after Crimea voted in a referendum to break away from Ukraine and join Russia. The United States strongly rejected the vote yesterday, saying it violated Ukraine\u2019s constitution and was carried out \u201cunder duress of Russian [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[667],"tags":[],"class_list":["post-161619","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/161619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=161619"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/161619\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=161619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=161619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=161619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}