WTI oil trading nearer $83, eyes on Ireland debt talks<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" WTI oil futures are trading back into the $83 a barrel range early this morning as debt talks in Ireland prompt investors to buy back into the euro and the US dollar lost out, boosting the appeal of oil as an alternative investment. Latest WTI Oil Price US Light crude oil futures for January 2011 delivery was trading at $82.69 a barrel, 07.45 GMT on the NYMEX. The December WTI oil futures contract expires today. Meanwhile, the US dollar declined for a third day against the euro to trade at $1.3671, after losing 0.8 percent yesterday. WTI oil prices may trade higher next week as speculation that Ireland will accept an ECB and IMF debt bailout grows. Yesterday, the Irish Central Bank Governor Patrick Honohan commented that he expects the country will ask the EU and the IMF for tens of billions of euros to rescue its banks. Oil Price Forecast A recent Bloomberg news survey showed that 47 percent of 38 analysts and traders asked, forecast that crude oil prices will climb between today and 26th November, with 26 percent forecasting that oil prices will fall and 27 percent forecasting that there would be little change in oil prices next week. WTI oil trading at $81 remains volatile, US dollar gains WTI oil trading over $81 on US crude oil inventory drop WTI oil trading at $82, down 3 percent on weak markets WTI oil futures trading near $86, eyes on US dollar WTI oil trading near $87, hovering at 2010 highs WTI crude oil price trades at $83 on weaker US dollar WTI oil price ends week down at $81 amid sinking dollar WTI oil futures trading up on higher markets in Asia WTI oil futures end under $82, a bullish end to 2010? WTI oil trading at $85 as ICE Dollar Index holding gains WTI oil trading firm over $84 on weak US Dollar Index Brent oil price trading at six month high near $86 WTI oil price trading nearer $82 on weaker US dollar WTI oil trading higher on surprise US inventory drop Brent oil trading close to $79 amid higher US dollar WTI oil trading over $75, US hurricanes add strength Brent oil futures dip near $74, a six week trading low Brent oil price hovers at $83 on stronger US dollar WTI oil trading back at $81 as Dollar Index takes off Brent oil trading over $88, ICE Dollar Index at 2010 lows <\/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-12591","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\/12591","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=12591"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12591\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=12591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=12591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=12591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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