{"id":3889,"date":"2006-01-24T00:00:00","date_gmt":"2006-01-24T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"oil-prices-surge-back-above-68-a-barrel","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2006\/oil-prices-surge-back-above-68-a-barrel.html","title":{"rendered":"Oil prices surge back above $68 a barrel"},"content":{"rendered":"<p>MSNBC &#8211; Oil prices zoomed to a four-and-a-half month high above $68 a barrel Friday, rallying on supply fears tied to Iran\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s tense diplomatic standoff with the West over its nuclear ambitions.<\/p>\n<p class=\"textBodyBlack\">  Labor unrest in oil-rich Nigeria and new threats from al-Qaida contributed to traders\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2 jitters at a time when global petroleum demand is high and the emergency supply cushion is thin, leaving  little room in the event of an output disruption.<\/p>\n<p class=\"textBodyBlack\">  Analysts said speculative buying by hedge funds and commodity funds also buoyed crude futures, which settled at their highest level since Sept. 1, just days after Hurricane Katrina made landfall.<\/p>\n<p><a href=\"http:\/\/www.msnbc.msn.com\/id\/5612507\/\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MSNBC &#8211; Oil prices zoomed to a four-and-a-half month high above $68 a barrel Friday, rallying on supply fears tied to Iran\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s tense diplomatic standoff with the West over its nuclear ambitions. Labor unrest in oil-rich Nigeria and new threats [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3889","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3889"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3889\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}