WTI oil trading lower near $85 on global economic concerns<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" WTI oil futures open Monday’s trading session lower, near $85 a barrel as concerns over the US and Chinese economy could see global stock markets and crude oil prices trim recent gains. Latest WTI Oil Price US Light crude oil futures for October 2011 delivery was trading at $84.96 a barrel, 08.10 GMT this morning in electronic trading on the NYMEX. “Jobs data in the US for August indicates that markets may be stalling, and some data from China also shows reduced economic growth.” said Victor Shum, senior principal of Purvin and Gertz energy consultancy in Singapore. Asian Stock Markets Asian stock markets took a beating Monday with Japan’s Nikkei 225 stock average down 2 percent at 8,772.91 with sentiment also undermined by the persistent strength of the yen against the US dollar. US Dow Jones industrial average closed 2.2 percent lower last Friday, wiping out its gain for the week and is exepcted to open today’s session lower. “Financial markets continue to be stressed about the lack of growth drivers in the global economy.” analysts at DBS said in a research report on Monday. <\/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-14842","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\/14842","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=14842"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/14842\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=14842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=14842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=14842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}