{"id":12253,"date":"2015-01-19T14:00:00","date_gmt":"2015-01-19T14:00:00","guid":{"rendered":"http:\/\/cloudcomputing.sys-con.com\/node\/3279684"},"modified":"2015-01-19T14:00:00","modified_gmt":"2015-01-19T14:00:00","slug":"what-low-oil-prices-mean-for-cloud-industry-by-iankhanlive-cloudexpo","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/what-low-oil-prices-mean-for-cloud-industry-by-iankhanlive-cloudexpo\/","title":{"rendered":"What Low Oil Prices Mean for #Cloud Industry By @IanKhanLive | @CloudExpo"},"content":{"rendered":"<p>We all are well aware that oil prices have dropped to almost $45 per barrel as of mid-January 2015. Global economies are feeling the pressure from a sudden drop in crude prices, with a chance of a looming recession in some economies. What does this mean for global business and the cloud industry?<br \/>\nMaybe we had forgotten that a few select nations, the so-called OPEC members that include Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela control a majority of the oil that is produced in the world today. As a result, these oil-producing nations together control the decisions around global oil production, oil supplies and as a result a large part of the global economy. <\/p>\n<p><a href=\"http:\/\/cloudcomputing.sys-con.com\/node\/3279684\" >read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We all are well aware that oil prices have dropped to almost $45 per barrel as of mid-January 2015. Global economies are feeling the pressure from a sudden drop in crude prices, with a chance of a looming recession in some economies. What does this mea&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-12253","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/12253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=12253"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/12253\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=12253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=12253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=12253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}