{"id":66983,"date":"2022-04-07T10:00:00","date_gmt":"2022-04-07T14:30:00","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/oil-prices-rise-again-after-new-sanctions-against-russia\/"},"modified":"2023-01-19T13:48:26","modified_gmt":"2023-01-19T18:18:26","slug":"oil-prices-rise-again-after-new-sanctions-against-russia","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/oil-prices-rise-again-after-new-sanctions-against-russia\/","title":{"rendered":"Oil prices rise again after new sanctions against Russia"},"content":{"rendered":"\n<p><strong>By<\/strong> : Dr. Franyi Sarmiento, Ph.D., Inspenet, April 7, 2022<\/p>\n\n<p>Oil prices rose again this Thursday, April 7, on fears of poor supply after new sanctions against Russia were announced Wednesday by Western powers.<\/p>\n\n<p>International benchmark Brent crude was trading at $102.85 a barrel at 07:25 GMT, up 1.76% after closing the previous session at $101.07 a barrel.<\/p>\n\n<p>The US benchmark West Texas Intermediate (WTI) index was at $97.69 a barrel at the same time, up 1.52% after closing at $96.23 a barrel the previous session.<\/p>\n\n<p>Oil prices fell to a low of $100.54 on Wednesday after the International Energy Agency announced that it is &#8220;moving forward with a collective oil stock release of 120 million barrels, including 60 million barrels contributed by the US Strategic Petroleum Reserve.<\/p>\n\n<p>The US Treasury Department, the G7 and the European Union (EU) announced full blockade sanctions on Wednesday against Sberbank, Russia&#8217;s largest state-owned bank, and Alfa-Bank, Russia&#8217;s largest private bank.<\/p>\n\n<p>The fifth package of sanctions covers the release of assets in Sberbank and the Moscow Credit Bank and a ban on all new foreign investment in Russia.<\/p>\n\n<p>Additionally, the UK has pledged to end all Russian coal and oil imports by the end of 2022.<\/p>\n\n<p>US commercial crude oil inventories rose 0.6% during the week ending April 1, according to data released by the Energy Information Administration (EIA) on Wednesday.<\/p>\n\n<p>Stocks increased by 2.4 million barrels to 412.4 million barrels compared to the market expectation of a 1.6 million barrel drop.<\/p>\n\n<p><strong>Source<\/strong> : <a href=\"https:\/\/www.aa.com.tr\/es\/mundo\/precios-del-petr%C3%B3leo-vuelven-a-subir-tras-nuevas-sanciones-contra-rusia\/2557892\" target=\"_blank\" rel=\"noopener\">https:\/\/www.aa.com.tr\/es\/mundo\/precios-del-petr %C3% B3leo-vuelven-a-subir-tras-nuevas-sanciones-contra-rusia\/2557892<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 7, 2022.<br \/>\nOil prices rose again this Thursday, April 7, on fears of poor supply after new sanctions against Russia were announced Wednesday by Western powers.<\/p>\n","protected":false},"author":838,"featured_media":32927,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-66983","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/66983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/838"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=66983"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/66983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/32927"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=66983"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=66983"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=66983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}