{"id":13780,"date":"2011-04-20T07:32:36","date_gmt":"2011-04-20T05:32:36","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/13780\/wti-oil-trading-back-over-109-on-a-weaker-us-dollar\/"},"modified":"2011-04-20T07:32:36","modified_gmt":"2011-04-20T05:32:36","slug":"wti-oil-trading-back-over-109-on-a-weaker-us-dollar","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/13780\/wti-oil-trading-back-over-109-on-a-weaker-us-dollar\/","title":{"rendered":"WTI oil trading back over $109 on a weaker US dollar"},"content":{"rendered":"<p><p>WTI oil prices open Wednesday&#8217;s trading session back over $109 a barrel as a weaker US dollar, which is down over five percent in 2011, is helping support oil and other commodities, with gold making a fresh record high of $1500 an ounce.<\/p>\n<p><strong>Latest WTI Oil Price<\/strong><\/p>\n<p>US Light Crude oil futures for June 2011 delivery was trading at $109.17 a barrel, 06.25 GMT this morning in electronic trading on the NYMEX.<\/p>\n<p><strong>ICE US Dollar Index<\/strong><\/p>\n<p>The ICE US Dollar Index, which tracks the US dollar against six major world currencies ended yesterday&#8217;s trading session back under 75, at 74.88. A weaker dollar tends to push US dollar traded commodities higher as they become cheaper for buyers using other currencies.<\/p>\n<\/p>\n<p>Go here to read the rest:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/04\/2011\/wti-oil-trading-back-over-109-on-us-weaker-us-dollar.html\" title=\"WTI oil trading back over $109 on a weaker US dollar\">WTI oil trading back over $109 on a weaker US dollar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> WTI oil prices open Wednesday&#8217;s trading session back over $109 a barrel as a weaker US dollar, which is down over five percent in 2011, is helping support oil and other commodities, with gold making a fresh record high of $1500 an ounce. Latest WTI Oil Price US Light Crude oil futures for June 2011 delivery was trading at $109.17 a barrel, 06.25 GMT this morning in electronic trading on the NYMEX. ICE US Dollar Index The ICE US Dollar Index, which tracks the US dollar against six major world currencies ended yesterday&#8217;s trading session back under 75, at 74.88. A weaker dollar tends to push US dollar traded commodities higher as they become cheaper for buyers using other currencies. <\/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-13780","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\/13780","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=13780"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/13780\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=13780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=13780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=13780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}