{"id":15235,"date":"2011-10-26T05:27:35","date_gmt":"2011-10-26T03:27:35","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/15235\/wti-crude-returns-to-backwardation-for-the-first-time-in-3-years\/"},"modified":"2011-10-26T05:27:35","modified_gmt":"2011-10-26T03:27:35","slug":"wti-crude-returns-to-backwardation-for-the-first-time-in-3-years","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/15235\/wti-crude-returns-to-backwardation-for-the-first-time-in-3-years\/","title":{"rendered":"WTI Crude Returns to Backwardation for the First Time in 3 Years"},"content":{"rendered":"<p>A prominent feature in the oil market yesterday was that WTI crude oil closed at backwardation for the first time in 3 years. Moreover, the spread between WTI and Brent crude also narrowed to below 20\/bbl. This was despite API's report that crude oil inventory climbed more than expected last week. Concerning the financial market as a whole, profit-taking was seen ahead of the EU summit. As we mentioned yesterday, the potentially positive news should have been priced in over the past weeks.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=9IybVZH-FiA:V6JYa8WhwSE: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=9IybVZH-FiA:V6JYa8WhwSE:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=9IybVZH-FiA:V6JYa8WhwSE:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=9IybVZH-FiA:V6JYa8WhwSE:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=9IybVZH-FiA:V6JYa8WhwSE:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=9IybVZH-FiA:V6JYa8WhwSE: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=9IybVZH-FiA:V6JYa8WhwSE: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=9IybVZH-FiA:V6JYa8WhwSE:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=9IybVZH-FiA:V6JYa8WhwSE:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/9IybVZH-FiA\" height=\"1\" width=\"1\" \/><\/p>\n<p>Excerpt from:<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/9IybVZH-FiA\/\" title=\"WTI Crude Returns to Backwardation for the First Time in 3 Years\">WTI Crude Returns to Backwardation for the First Time in 3 Years<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A prominent feature in the oil market yesterday was that WTI crude oil closed at backwardation for the first time in 3 years. Moreover, the spread between WTI and Brent crude also narrowed to below 20\/bbl. This was despite API's report that crude oil inventory climbed more than expected last week. Concerning the financial market as a whole, profit-taking was seen ahead of the EU summit. As we mentioned yesterday, the potentially positive news should have been priced in over the past weeks. <\/p>\n","protected":false},"author":8,"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-15235","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\/15235","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=15235"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/15235\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=15235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=15235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=15235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}