{"id":286975,"date":"2011-03-02T13:39:16","date_gmt":"2011-03-02T13:39:16","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/02\/crude-oil-rises-above-100-again\/"},"modified":"2011-03-02T13:39:16","modified_gmt":"2011-03-02T13:39:16","slug":"crude-oil-rises-above-100-again","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/","title":{"rendered":"Crude oil rises above $100 &#8230; again"},"content":{"rendered":"<p><div readability=\"80.248534055\">    <!-- KEEP --><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/f02b6c97rgy_oil.top_.png\" alt=\"chart_ws_commodity_energy_oil.top.png\" width=\"475\" height=\"280\" border=\"0\" class=\"cnnstoryImageFull\" \/><span id=\"fb-recommend\"\/><br \/>\n<span>By Ben Rooney, staff reporter<\/span><span>March 2, 2011: 8:39 AM ET<\/span><!--startclickprintexclude--><br clear=\"all\"\/><!--endclickprintexclude--><!-- CONTENT --><\/p>\n<p>NEW YORK (CNNMoney) &#8212; Oil prices edged above $100 a barrel Wednesday amid investor concern that the unrest in Libya could spread across the Middle East. <\/p>\n<p>The benchmark U.S. oil contract, West Texas Intermediate, rose $1.48, or 1.5%, to $101.10 a barrel for April delivery. <\/p>\n<p><!-- REAP --><!--startclickprintexclude--><!--endclickprintexclude--><!-- \/REAP --><\/p>\n<p>Brent crude, the main oil contract in Europe and other parts of the world, was up 70 cents to $116.12 a barrel. <\/p>\n<p>Earlier this week, oil prices eased off the record highs hit during last week&#8217;s volatile trading. But renewed geopolitical concerns reignited the surge on Wednesday. <\/p>\n<p>The recent run-up comes amid fighting between rebels and forces loyal to Libyan leader Moammar Gadhafi. <\/p>\n<p>But investors are also nervously watching developments in Iran, the fourth-largest crude exporter in the world, following reports of sporadic protests and clashes with security forces on the streets of the capital, Tehran. <\/p>\n<p>In addition, antigovernment movements have roiled Yemen, Oman, Bahrain and other nations in the region after protesters in Egypt and Tunisia pushed out unpopular leaders earlier this year. <\/p>\n<p>While Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries have pledged to increase production, many investors are concerned that unrest in a region that controls much of the world&#8217;s oil reserves could result in supply disruptions. <\/p>\n<p>&#8220;The underlying fear is still that the current unrest will &#8212; or has already started to &#8212; spread to other countries,&#8221; according to a research report from Cameron Hanover, a firm that specializes in energy price risk management. <\/p>\n<p><!-- REAP --><!--startclickprintexclude--><!--endclickprintexclude--><!-- \/REAP --><\/p>\n<p>However, the amount of oil that has been taken off the world market so far has been relatively minimal. Analysts say global crude supplies remain relatively flush. <\/p>\n<p>The U.S. government&#8217;s weekly oil inventory report is due later Wednesday. <\/p>\n<p>Meanwhile, <a href=\"http:\/\/money.cnn.com\/2011\/03\/02\/news\/economy\/gas_prices\/index.htm\">gas prices continued to move higher<\/a>, rising for the eighth day in a row.\u00a0<a href=\"http:\/\/money.cnn.com\/2011\/03\/02\/markets\/oil\/index.htm?section=money_topstories&#038;utm_source=feedburner&#038;utm_medium=feed&#038;utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29#TOP\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/i.cdn.turner.com\/money\/images\/bug.gif\" alt=\"To top of page\" border=\"0\" width=\"7\" height=\"7\" \/><\/a><\/p>\n<p><!-- \/CONTENT --><!--startclickprintexclude--><!--startclickprintexclude--><br \/>\n<!--endclickprintexclude--><\/p>\n<p>First Published: March 2, 2011: 7:28 AM ET<\/p>\n<p><!--endclickprintexclude--><\/div>\n<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/f02b6c97rgy_oil.top_-150x150.png\" \/><\/p>\n<p>See original here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_topstories\/~3\/rypMm2w5dzQ\/index.htm\" title=\"Crude oil rises above $100 ... again\" rel=\"noopener noreferrer\">Crude oil rises above $100 &#8230; again<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> By Ben Rooney, staff reporter March 2, 2011: 8:39 AM ET NEW YORK (CNNMoney) &#8212; Oil prices edged above $100 a barrel Wednesday amid investor concern that the unrest in Libya could spread across the Middle East. The benchmark U.S. oil contract, West Texas Intermediate, rose $1.48, or 1.5%, to $101.10 a barrel for April delivery. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-286975","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crude oil rises above $100 ... again - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Crude oil rises above $100 ... again - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"By Ben Rooney, staff reporter March 2, 2011: 8:39 AM ET NEW YORK (CNNMoney) -- Oil prices edged above $100 a barrel Wednesday amid investor concern that the unrest in Libya could spread across the Middle East. The benchmark U.S. oil contract, West Texas Intermediate, rose $1.48, or 1.5%, to $101.10 a barrel for April delivery.\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/f02b6c97rgy_oil.top_.png\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Crude oil rises above $100 &#8230; again\",\"datePublished\":\"2011-03-02T13:39:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/\"},\"wordCount\":326,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/f02b6c97rgy_oil.top_.png\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/\",\"name\":\"Crude oil rises above $100 ... again - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/f02b6c97rgy_oil.top_.png\",\"datePublished\":\"2011-03-02T13:39:16+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/#primaryimage\",\"url\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/f02b6c97rgy_oil.top_.png\",\"contentUrl\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/f02b6c97rgy_oil.top_.png\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Crude oil rises above $100 ... again - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/","twitter_card":"summary_large_image","twitter_title":"Crude oil rises above $100 ... again - Ghanamma.com","twitter_description":"By Ben Rooney, staff reporter March 2, 2011: 8:39 AM ET NEW YORK (CNNMoney) -- Oil prices edged above $100 a barrel Wednesday amid investor concern that the unrest in Libya could spread across the Middle East. The benchmark U.S. oil contract, West Texas Intermediate, rose $1.48, or 1.5%, to $101.10 a barrel for April delivery.","twitter_image":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/f02b6c97rgy_oil.top_.png","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/"},"author":{"name":"","@id":""},"headline":"Crude oil rises above $100 &#8230; again","datePublished":"2011-03-02T13:39:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/"},"wordCount":326,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/#primaryimage"},"thumbnailUrl":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/f02b6c97rgy_oil.top_.png","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/","url":"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/","name":"Crude oil rises above $100 ... again - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/#primaryimage"},"thumbnailUrl":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/f02b6c97rgy_oil.top_.png","datePublished":"2011-03-02T13:39:16+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2011\/03\/02\/crude-oil-rises-above-100-again\/#primaryimage","url":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/f02b6c97rgy_oil.top_.png","contentUrl":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/f02b6c97rgy_oil.top_.png"},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/286975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=286975"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/286975\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=286975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=286975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=286975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}