{"id":18105,"date":"2014-02-15T09:35:13","date_gmt":"2014-02-15T08:35:13","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/18105\/weekly-fundamentals-crude-oils-rise-to-lose-steam-range-bound-trading-expected-in-coming-weeks\/"},"modified":"2014-02-15T09:35:13","modified_gmt":"2014-02-15T08:35:13","slug":"weekly-fundamentals-crude-oils-rise-to-lose-steam-range-bound-trading-expected-in-coming-weeks","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/18105\/weekly-fundamentals-crude-oils-rise-to-lose-steam-range-bound-trading-expected-in-coming-weeks\/","title":{"rendered":"Weekly Fundamentals &#8211; Crude Oil&#8217;s Rise to Lose Steam, Range-bound Trading Expected in Coming Weeks"},"content":{"rendered":"<p>The front-month contract for WTI crude oil soared to a 4-month high of 101.38 on in the midweek before retreating and ending the week at 100.3. Adding +0.42% on weekly basis, the gain was supported by strong domestic demand and refinery runs. For instance, Crude storage at Cushing fell -2.6 mmb while Gulf Coast refinery runs rose +200K bpd during the week. We believe price would be rather range-bounded in coming weeks.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=hDFKW9Qfbdg:G9tPYGuDNRs: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=hDFKW9Qfbdg:G9tPYGuDNRs:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=hDFKW9Qfbdg:G9tPYGuDNRs:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=hDFKW9Qfbdg:G9tPYGuDNRs:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=hDFKW9Qfbdg:G9tPYGuDNRs:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=hDFKW9Qfbdg:G9tPYGuDNRs: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=hDFKW9Qfbdg:G9tPYGuDNRs: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=hDFKW9Qfbdg:G9tPYGuDNRs:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=hDFKW9Qfbdg:G9tPYGuDNRs:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/hDFKW9Qfbdg\" height=\"1\" width=\"1\" \/><\/p>\n<p>Originally posted here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/hDFKW9Qfbdg\/\" title=\"Weekly Fundamentals - Crude Oil's Rise to Lose Steam, Range-bound Trading Expected in Coming Weeks\">Weekly Fundamentals &#8211; Crude Oil&#8217;s Rise to Lose Steam, Range-bound Trading Expected in Coming Weeks<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The front-month contract for WTI crude oil soared to a 4-month high of 101.38 on in the midweek before retreating and ending the week at 100.3. Adding +0.42% on weekly basis, the gain was supported by strong domestic demand and refinery runs. For instance, Crude storage at Cushing fell -2.6 mmb while Gulf Coast refinery runs rose +200K bpd during the week. We believe price would be rather range-bounded in coming weeks. <\/p>\n","protected":false},"author":55,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18105","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\/18105","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\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=18105"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/18105\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=18105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=18105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=18105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}