{"id":15602,"date":"2012-01-06T06:06:19","date_gmt":"2012-01-06T05:06:19","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/15602\/oil-retreats-as-a-result-of-confluence-of-macroeconomic-and-geopolitical-factors\/"},"modified":"2012-01-06T06:06:19","modified_gmt":"2012-01-06T05:06:19","slug":"oil-retreats-as-a-result-of-confluence-of-macroeconomic-and-geopolitical-factors","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/15602\/oil-retreats-as-a-result-of-confluence-of-macroeconomic-and-geopolitical-factors\/","title":{"rendered":"Oil Retreats as a Result of Confluence of Macroeconomic and Geopolitical Factors"},"content":{"rendered":"

Oil prices fluctuated Thursday, driven by confirmation of European sanctions on Iran, renewed concerns over sovereign debt crisis in the Eurozone and better-than-expected US economic data. The front-month contract for WTI crude oil faltered below Wednesday's close of 103.74 and dropped to as low as 101.3 before settling at 101.81, down -1.37%, while the equivalent Brent crude contract initially spiking higher to 114.64 before ending the day at 102.74, down -0.08%.<\/p>\n

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\nOil Retreats as a Result of Confluence of Macroeconomic and Geopolitical Factors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Oil prices fluctuated Thursday, driven by confirmation of European sanctions on Iran, renewed concerns over sovereign debt crisis in the Eurozone and better-than-expected US economic data. The front-month contract for WTI crude oil faltered below Wednesday's close of 103.74 and dropped to as low as 101.3 before settling at 101.81, down -1.37%, while the equivalent Brent crude contract initially spiking higher to 114.64 before ending the day at 102.74, down -0.08%. <\/p>\n","protected":false},"author":9,"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-15602","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\/15602","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=15602"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/15602\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=15602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=15602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=15602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}