{"id":14086,"date":"2011-05-30T09:33:50","date_gmt":"2011-05-30T07:33:50","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/14086\/brent-oil-trading-steady-near-115-eyes-on-us-dollar\/"},"modified":"2011-05-30T09:33:50","modified_gmt":"2011-05-30T07:33:50","slug":"brent-oil-trading-steady-near-115-eyes-on-us-dollar","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/14086\/brent-oil-trading-steady-near-115-eyes-on-us-dollar\/","title":{"rendered":"Brent oil trading steady near $115, eyes on US dollar"},"content":{"rendered":"

Brent oil prices open today’s trading session flat near $115 a barrel as holidays in the US and UK see investors taking a break from the market, reflected in lighter numbers of trades for oil futures, while the US dollar remains a key pricing factor for oil.<\/p>\n

Latest Brent Oil Price<\/strong><\/p>\n

In London, Brent crude oil futures was trading at $114.63 a barrel, 08.25 GMT this morning in electronic trading on the ICE Futures Exchange.<\/p>\n

Data from Reuters showed that early morning trades in oil futures were about one quarter of the average trades done in the last two weeks due to public holidays in the US and the UK.<\/p>\n

US Dollar – Euro<\/strong><\/p>\n

The US dollar rose in currency markets today amid concern European governments will struggle to resolve the sovereign debt crisis, damping demand for the region\u2019s assets and the euro.<\/p>\n

A stronger US dollar tends to cap oil price gains as oil futures become more expensive for investors buying oil in other currencies.<\/p>\n<\/p>\n

Original post:
\nBrent oil trading steady near $115, eyes on US dollar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Brent oil prices open today’s trading session flat near $115 a barrel as holidays in the US and UK see investors taking a break from the market, reflected in lighter numbers of trades for oil futures, while the US dollar remains a key pricing factor for oil. Latest Brent Oil Price In London, Brent crude oil futures was trading at $114.63 a barrel, 08.25 GMT this morning in electronic trading on the ICE Futures Exchange. Data from Reuters showed that early morning trades in oil futures were about one quarter of the average trades done in the last two weeks due to public holidays in the US and the UK. US Dollar – Euro The US dollar rose in currency markets today amid concern European governments will struggle to resolve the sovereign debt crisis, damping demand for the region\u2019s assets and the euro. A stronger US dollar tends to cap oil price gains as oil futures become more expensive for investors buying oil in 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-14086","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\/14086","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=14086"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/14086\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=14086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=14086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=14086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}