{"id":15795,"date":"2012-02-22T05:17:58","date_gmt":"2012-02-22T04:17:58","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/15795\/oil-rallies-on-greek-bailout-and-iranian-tensions\/"},"modified":"2012-02-22T05:17:58","modified_gmt":"2012-02-22T04:17:58","slug":"oil-rallies-on-greek-bailout-and-iranian-tensions","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/15795\/oil-rallies-on-greek-bailout-and-iranian-tensions\/","title":{"rendered":"Oil Rallies on Greek Bailout and Iranian Tensions"},"content":{"rendered":"

Despite a modest push shortly after the announcement that the EU approved the second Greek bailout package, European bourses closed in red as doubts remained. Wall Street climbed modestly higher with DJIA and S&P 500 gaining +0.12% and +0.07% respectively. In the commodity sector, crude oil prices rallied higher with WTI crude oil for April delivery jumping to as high as 106.48 before closing at 106.25, up 2.58% from Friday\u2019s close of 103.6. The equivalent Brent crude contract jumped to as high as 121.88 before ending the day at 121.66, up +1.34%. The front-month contract for Comex gold gained +1.89% to settle at 1758.5.<\/p>\n

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\nOil Rallies on Greek Bailout and Iranian Tensions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Despite a modest push shortly after the announcement that the EU approved the second Greek bailout package, European bourses closed in red as doubts remained. Wall Street climbed modestly higher with DJIA and S&P 500 gaining +0.12% and +0.07% respectively. In the commodity sector, crude oil prices rallied higher with WTI crude oil for April delivery jumping to as high as 106.48 before closing at 106.25, up 2.58% from Friday\u2019s close of 103.6. The equivalent Brent crude contract jumped to as high as 121.88 before ending the day at 121.66, up +1.34%. The front-month contract for Comex gold gained +1.89% to settle at 1758.5. <\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15795","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\/15795","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=15795"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/15795\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=15795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=15795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=15795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}