{"id":14047,"date":"2011-05-23T09:42:11","date_gmt":"2011-05-23T07:42:11","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/14047\/brent-oil-price-trading-back-at-110-on-stronger-us-dollar\/"},"modified":"2011-05-23T09:42:11","modified_gmt":"2011-05-23T07:42:11","slug":"brent-oil-price-trading-back-at-110-on-stronger-us-dollar","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/14047\/brent-oil-price-trading-back-at-110-on-stronger-us-dollar\/","title":{"rendered":"Brent oil price trading back at $110 on stronger US dollar"},"content":{"rendered":"<p><p>Brent crude oil prices open today&#8217;s trading session back near $110 a barrel as the US dollar once again shows some strength, as seen by the ICE US Dollar Index moving back over the 76 mark, mainly on a weaker euro.<\/p>\n<p><strong>Latest Brent Oil Price<\/strong><\/p>\n<p>In London, Brent crude oil futures for July 2011 delivery was trading at $109.95 a barrel, 08.35 GMT this morning on the ICE Futures Exchange.<\/p>\n<p>Meanwhile, the ICE US Dollar Index moved higher to 76.14 in early trading on the currency markets,  re-taking back some of the dollar&#8217;s January to May slide.<\/p>\n<p>A stronger US dollar will have downward pressure for crude oil prices and other commodities as it makes US dollar traded commodities more expensive for buyers using other currencies.<\/p>\n<\/p>\n<p>Read the original here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/05\/2011\/brent-oil-price-trading-back-at-110-on-stronger-us-dollar.html\" title=\"Brent oil price trading back at $110 on stronger US dollar\">Brent oil price trading back at $110 on stronger US dollar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Brent crude oil prices open today&#8217;s trading session back near $110 a barrel as the US dollar once again shows some strength, as seen by the ICE US Dollar Index moving back over the 76 mark, mainly on a weaker euro. Latest Brent Oil Price In London, Brent crude oil futures for July 2011 delivery was trading at $109.95 a barrel, 08.35 GMT this morning on the ICE Futures Exchange. Meanwhile, the ICE US Dollar Index moved higher to 76.14 in early trading on the currency markets, re-taking back some of the dollar&#8217;s January to May slide. A stronger US dollar will have downward pressure for crude oil prices and other commodities as it makes US dollar traded commodities more expensive for buyers using other currencies. <\/p>\n","protected":false},"author":7,"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-14047","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\/14047","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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=14047"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/14047\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=14047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=14047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=14047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}