{"id":11484,"date":"2010-07-19T08:27:25","date_gmt":"2010-07-19T06:27:25","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/11484\/wti-oil-price-opens-trading-near-76-amid-falling-markets\/"},"modified":"2010-07-19T08:27:25","modified_gmt":"2010-07-19T06:27:25","slug":"wti-oil-price-opens-trading-near-76-amid-falling-markets","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/11484\/wti-oil-price-opens-trading-near-76-amid-falling-markets\/","title":{"rendered":"WTI oil price opens trading near $76 amid falling markets"},"content":{"rendered":"

WTI oil prices open the week’s trading near the $76 mark as last Friday’s slide on the Dow Jones affects Asian stock markets today which are also lower. US Light crude oil futures for September 2010 delivery was $75.88 a barrel, 07.00 GMT on the NYMEX after settling at $76.01 last Friday. Oil prices fluttered in the mid $70’s last week as investors sought insight into the strength of the global economy from the start of second quarter company results in the US. “The oil price decline looked mild considering the 2.5 percent slide in the Dow Jones. The consumer sentiment report would have put the oil longs on the back foot. The stickier oil price move may be reflecting bullish inventory reports over the past three weeks showing larger than expected declines in US crude supplies and a pickup in underlying demand.” said Mark Pervan, chief of commodities research at Australia & New Zealand Bank. “Based on the news out last week, oil prices should have dropped much more than they did.” Cameron Hanover said in a report. WTI oil price trading back near $75, US dollar makes gains WTI oil price ends week over $76, tracks stock markets WTI oil price trading near $73, time to get long on oil? WTI oil price back at $75, stock markets trading lower Brent oil price at $82 level as Europe problems hit markets Brent oil price trading back over $78 on higher markets WTI oil price firm at $76 mark as US oil supplies drop Brent oil price trading near $74, European markets mixed WTI oil price trading near $76, awaits US company’s data WTI oil trading over $73 as stock markets lift oil prices WTI oil price trading near $72, Barclays cut 2010 forecast WTI oil price moves lower, awaits Tuesday’s US market open WTI oil price up over $73 as the US dollar looses out Oil price forecast, where’s crude heading for the rest of 2010? WTI oil price dips as US jobs data shows increase WTI oil price rebounds near $75 on weaker US dollar WTI oil price trading higher, over $73 on US supplies data Brent oil price trading over $74 on US market bounce WTI oil price trading down 3 percent on firm US dollar Index Brent oil price back near $72 amid mixed market data <\/p>\n

Here is the original:\u00a0
\nWTI oil price opens trading near $76 amid falling markets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

WTI oil prices open the week’s trading near the $76 mark as last Friday’s slide on the Dow Jones affects Asian stock markets today which are also lower. US Light crude oil futures for September 2010 delivery was $75.88 a barrel, 07.00 GMT on the NYMEX after settling at $76.01 last Friday. Oil prices fluttered in the mid $70’s last week as investors sought insight into the strength of the global economy from the start of second quarter company results in the US. “The oil price decline looked mild considering the 2.5 percent slide in the Dow Jones. The consumer sentiment report would have put the oil longs on the back foot. The stickier oil price move may be reflecting bullish inventory reports over the past three weeks showing larger than expected declines in US crude supplies and a pickup in underlying demand.” said Mark Pervan, chief of commodities research at Australia & New Zealand Bank. “Based on the news out last week, oil prices should have dropped much more than they did.” Cameron Hanover said in a report. WTI oil price trading back near $75, US dollar makes gains WTI oil price ends week over $76, tracks stock markets WTI oil price trading near $73, time to get long on oil? WTI oil price back at $75, stock markets trading lower Brent oil price at $82 level as Europe problems hit markets Brent oil price trading back over $78 on higher markets WTI oil price firm at $76 mark as US oil supplies drop Brent oil price trading near $74, European markets mixed WTI oil price trading near $76, awaits US company’s data WTI oil trading over $73 as stock markets lift oil prices WTI oil price trading near $72, Barclays cut 2010 forecast WTI oil price moves lower, awaits Tuesday’s US market open WTI oil price up over $73 as the US dollar looses out Oil price forecast, where’s crude heading for the rest of 2010? WTI oil price dips as US jobs data shows increase WTI oil price rebounds near $75 on weaker US dollar WTI oil price trading higher, over $73 on US supplies data Brent oil price trading over $74 on US market bounce WTI oil price trading down 3 percent on firm US dollar Index Brent oil price back near $72 amid mixed market data <\/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-11484","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\/11484","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=11484"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/11484\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=11484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=11484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=11484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}