{"id":11466,"date":"2010-07-16T17:20:44","date_gmt":"2010-07-16T15:20:44","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/11466\/wti-oil-trading-near-76-as-us-stock-market-opens-lower\/"},"modified":"2010-07-16T17:20:44","modified_gmt":"2010-07-16T15:20:44","slug":"wti-oil-trading-near-76-as-us-stock-market-opens-lower","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/11466\/wti-oil-trading-near-76-as-us-stock-market-opens-lower\/","title":{"rendered":"WTI oil trading near $76 as US stock market opens lower"},"content":{"rendered":"<p> WTI oil prices are having a strong week and holding firm, trading near $76 as the US stock market opens lower on gloomy news that US consumer sentiment tumbled to an 11 month low in July. US Light crude oil futures were at $76.22, 16.00 GMT on the NYMEX after opening today&#8217;s session in the mid $76 range. The US Consumer Price Index dipped 0.1 percent last month after falling 0.2 percent in May, the Labor Department said today, but analysts had expected consumer prices to be flat, opposed to falling. \u201cWe\u2019re stuck in a $70 to $80 price range and looking for a strong signal to exit it in either direction,\u201d said Gene McGillian, an analyst and broker at Tradition Energy in Stamford, Connecticut. The Dow Jones has lost around 1.5 percent today so far, however WTI oil prices are holding firm amid Friday&#8217;s dip in confidence. WTI oil prices see saw as mixed US data spooks the market WTI oil price heading towards $74, US data a concern WTI oil trading over $73 as stock markets lift oil prices WTI oil trading down 3 percent, near $73 on grim US data Brent oil prices trading near $75, Euro markets turn lower WTI oil price near $75 on Dow Jones, US oil supply drop WTI oil prices trading near $74, follows Dow Jones higher WTI oil price heads back under $72 on latest US data WTI oil price moves lower, awaits Tuesday&#8217;s US market open WTI oil price jumps higher in a mixed trading week WTI oil price trading higher on US dollar & supply data Oil prices trading at $70 mark amid stock market falls Euro in Greek tailspin, US dollar firms & oil prices holding out Light oil price trading up as US dollar takes a knock Oil prices trading near 2010 highs on latest US jobs data Brent oil trading near $76 as BP receives seven year US ban Brent oil trading up 3 percent near $77, markets see boost Brent oil price trading near $74, European markets mixed WTI oil price trading near $76, awaits US company&#8217;s data WTI oil price ends week over $76, tracks stock markets <\/p>\n<p>See the original post here:\u00a0<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/07\/2010\/wti-oil-trading-near-76-as-us-stock-market-opens-lower.html\" title=\"WTI oil trading near $76 as US stock market opens lower\">WTI oil trading near $76 as US stock market opens lower<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> WTI oil prices are having a strong week and holding firm, trading near $76 as the US stock market opens lower on gloomy news that US consumer sentiment tumbled to an 11 month low in July. US Light crude oil futures were at $76.22, 16.00 GMT on the NYMEX after opening today&#8217;s session in the mid $76 range. The US Consumer Price Index dipped 0.1 percent last month after falling 0.2 percent in May, the Labor Department said today, but analysts had expected consumer prices to be flat, opposed to falling. \u201cWe\u2019re stuck in a $70 to $80 price range and looking for a strong signal to exit it in either direction,\u201d said Gene McGillian, an analyst and broker at Tradition Energy in Stamford, Connecticut. The Dow Jones has lost around 1.5 percent today so far, however WTI oil prices are holding firm amid Friday&#8217;s dip in confidence. WTI oil prices see saw as mixed US data spooks the market WTI oil price heading towards $74, US data a concern WTI oil trading over $73 as stock markets lift oil prices WTI oil trading down 3 percent, near $73 on grim US data Brent oil prices trading near $75, Euro markets turn lower WTI oil price near $75 on Dow Jones, US oil supply drop WTI oil prices trading near $74, follows Dow Jones higher WTI oil price heads back under $72 on latest US data WTI oil price moves lower, awaits Tuesday&#8217;s US market open WTI oil price jumps higher in a mixed trading week WTI oil price trading higher on US dollar &#038; supply data Oil prices trading at $70 mark amid stock market falls Euro in Greek tailspin, US dollar firms &#038; oil prices holding out Light oil price trading up as US dollar takes a knock Oil prices trading near 2010 highs on latest US jobs data Brent oil trading near $76 as BP receives seven year US ban Brent oil trading up 3 percent near $77, markets see boost Brent oil price trading near $74, European markets mixed WTI oil price trading near $76, awaits US company&#8217;s data WTI oil price ends week over $76, tracks stock markets <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lightning_design_setting":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11466","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/11466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=11466"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/11466\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=11466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=11466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=11466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}