{"id":14850,"date":"2011-09-06T07:39:48","date_gmt":"2011-09-06T05:39:48","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/14850\/brent-oil-price-dips-lower-on-europes-debt-mess\/"},"modified":"2011-09-06T07:39:48","modified_gmt":"2011-09-06T05:39:48","slug":"brent-oil-price-dips-lower-on-europes-debt-mess","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/14850\/brent-oil-price-dips-lower-on-europes-debt-mess\/","title":{"rendered":"Brent oil price dips lower on Europe&#8217;s debt mess"},"content":{"rendered":"<p><p>Brent oil futures open this morning&#8217;s trading session hanging near $110 a barrel as Europe&#8217;s debt mess continues to affect stock markets and talks of a double dip for European economies could lead to further falls for oil prices.<\/p>\n<p><strong>Latest Brent Oil Price<\/strong><\/p>\n<p>In London, Brent crude oil futures for October 2011 delivery was trading at $110.04 a barrel, 06.15 GMT this morning on the ICE Futures Exchange after closing yesterday&#8217;s session at $109.92.<\/p>\n<p><strong>Europe&#8217;s Debt Mess<\/strong><\/p>\n<p>European markets once again slumped deep into the red on Monday after renewed fears over the continent&#8217;s debt crisis rocked banks across the continent.<\/p>\n<p>Meanwhile, yields on Italian and Spanish government bonds hit their highest levels in nearly a month on Monday and are seen rising further as pressure mounts on Italy, the euro zone&#8217;s third largest economy to get its fiscal house in order.<\/p>\n<p>&#8220;The all too familiar worry about European sovereign debt has raised its head again. With no chance of a boost from US markets, European investors stayed firm sellers.&#8221; said David Jones, market strategist at IG Index.<\/p>\n<\/p>\n<p>Read the rest here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/09\/2011\/brent-oil-price-dips-lower-on-europes-debt-mess.html\" title=\"Brent oil price dips lower on Europe&#8217;s debt mess\">Brent oil price dips lower on Europe&#8217;s debt mess<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Brent oil futures open this morning&#8217;s trading session hanging near $110 a barrel as Europe&#8217;s debt mess continues to affect stock markets and talks of a double dip for European economies could lead to further falls for oil prices. Latest Brent Oil Price In London, Brent crude oil futures for October 2011 delivery was trading at $110.04 a barrel, 06.15 GMT this morning on the ICE Futures Exchange after closing yesterday&#8217;s session at $109.92. Europe&#8217;s Debt Mess European markets once again slumped deep into the red on Monday after renewed fears over the continent&#8217;s debt crisis rocked banks across the continent. Meanwhile, yields on Italian and Spanish government bonds hit their highest levels in nearly a month on Monday and are seen rising further as pressure mounts on Italy, the euro zone&#8217;s third largest economy to get its fiscal house in order. &#8220;The all too familiar worry about European sovereign debt has raised its head again. With no chance of a boost from US markets, European investors stayed firm sellers.&#8221; said David Jones, market strategist at IG Index. <\/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-14850","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\/14850","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=14850"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/14850\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=14850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=14850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=14850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}