{"id":11962,"date":"2010-08-31T13:56:45","date_gmt":"2010-08-31T11:56:45","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/11962\/oil-extends-weakness-poised-for-monthly-decline\/"},"modified":"2010-08-31T13:56:45","modified_gmt":"2010-08-31T11:56:45","slug":"oil-extends-weakness-poised-for-monthly-decline","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/11962\/oil-extends-weakness-poised-for-monthly-decline\/","title":{"rendered":"Oil Extends Weakness, Poised for Monthly Decline"},"content":{"rendered":"<p>Investors continue to offload the long positions taken late last week as macroeconomic economic outlook remains uncertain. WTI crude oil price falls for a second day amid concerns that slowdown in US recovery will curb demand. Currently trading at 73.6, the font-month contract will probably record the first decline in 2 months. Oil products also weaken in tandem with gasoline tumbling almost -10% while distillate losing around -3%.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=0N9RZzHK790:huD6MmhGp34:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=0N9RZzHK790:huD6MmhGp34:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=0N9RZzHK790:huD6MmhGp34:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=0N9RZzHK790:huD6MmhGp34:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=0N9RZzHK790:huD6MmhGp34:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=0N9RZzHK790:huD6MmhGp34:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=0N9RZzHK790:huD6MmhGp34:l6gmwiTKsz0\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=l6gmwiTKsz0\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=0N9RZzHK790:huD6MmhGp34:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=0N9RZzHK790:huD6MmhGp34:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/0N9RZzHK790\" height=\"1\" width=\"1\" \/><\/p>\n<p>View post:\u00a0<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/0N9RZzHK790\/\" title=\"Oil Extends Weakness, Poised for Monthly Decline\">Oil Extends Weakness, Poised for Monthly Decline<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors continue to offload the long positions taken late last week as macroeconomic economic outlook remains uncertain. WTI crude oil price falls for a second day amid concerns that slowdown in US recovery will curb demand. Currently trading at 73.6, the font-month contract will probably record the first decline in 2 months. Oil products also weaken in tandem with gasoline tumbling almost -10% while distillate losing around -3%. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11962","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\/11962","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=11962"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/11962\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=11962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=11962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=11962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}