{"id":13815,"date":"2011-04-26T09:36:38","date_gmt":"2011-04-26T07:36:38","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/13815\/wti-has-been-discounted-too-much\/"},"modified":"2011-04-26T09:36:38","modified_gmt":"2011-04-26T07:36:38","slug":"wti-has-been-discounted-too-much","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/13815\/wti-has-been-discounted-too-much\/","title":{"rendered":"WTI has been Discounted Too Much!"},"content":{"rendered":"<p>Oil prices moved sideways in European session. In the near-term, risk is skewed to the downside following recent rally. Last week, WTI crude oil prices jumped +2.40%, outperforming a +0.44% gain in Brent crude oil. This countered outperformance of Brent crude in recent months. While the lack of breaking news from the Middle East and North Africa might have limited Brent's upside, the meaningful decline in Cushing stock as reported by the DOE\/EIA was probably the key driver for the rise WTI crude oil prices.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=XoASckt3cfw:pSpfPbP09lY: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=XoASckt3cfw:pSpfPbP09lY:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=XoASckt3cfw:pSpfPbP09lY:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=XoASckt3cfw:pSpfPbP09lY:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=XoASckt3cfw:pSpfPbP09lY:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=XoASckt3cfw:pSpfPbP09lY: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=XoASckt3cfw:pSpfPbP09lY: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=XoASckt3cfw:pSpfPbP09lY:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=XoASckt3cfw:pSpfPbP09lY:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/XoASckt3cfw\" height=\"1\" width=\"1\" \/><\/p>\n<p>Go here to see the original:<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/XoASckt3cfw\/\" title=\"WTI has been Discounted Too Much!\">WTI has been Discounted Too Much!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices moved sideways in European session. In the near-term, risk is skewed to the downside following recent rally. Last week, WTI crude oil prices jumped +2.40%, outperforming a +0.44% gain in Brent crude oil. This countered outperformance of Brent crude in recent months. While the lack of breaking news from the Middle East and North Africa might have limited Brent's upside, the meaningful decline in Cushing stock as reported by the DOE\/EIA was probably the key driver for the rise WTI crude oil prices. <\/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-13815","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\/13815","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=13815"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/13815\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=13815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=13815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=13815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}