{"id":18781,"date":"2014-12-13T13:02:11","date_gmt":"2014-12-13T12:02:11","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/18781\/weekly-fundamentals-wti-crude-broke-below-us60bbl-as-agencies-downgraded-demand-outlook\/"},"modified":"2014-12-13T13:02:11","modified_gmt":"2014-12-13T12:02:11","slug":"weekly-fundamentals-wti-crude-broke-below-us60bbl-as-agencies-downgraded-demand-outlook","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/18781\/weekly-fundamentals-wti-crude-broke-below-us60bbl-as-agencies-downgraded-demand-outlook\/","title":{"rendered":"Weekly Fundamentals - WTI Crude Broke Below US$60\/bbl as Agencies Downgraded Demand Outlook"},"content":{"rendered":"<p>Pessimistic oil demand outlook triggered another round of crude selloff. The front-month contract for WTI crude oil broke below US$60\/bbl for the first time since 2009 and ended the week -12% lower. The Brent crude contract also slumped more than -10%. Following the OPEC's monthly report which downgraded the global oil demand outlook, the Paris based IEA also cut its forecast.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=K6Hnr8Hvqi4:zmGUAFetaHo: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=K6Hnr8Hvqi4:zmGUAFetaHo:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=K6Hnr8Hvqi4:zmGUAFetaHo:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=K6Hnr8Hvqi4:zmGUAFetaHo:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=K6Hnr8Hvqi4:zmGUAFetaHo:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=K6Hnr8Hvqi4:zmGUAFetaHo: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=K6Hnr8Hvqi4:zmGUAFetaHo: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=K6Hnr8Hvqi4:zmGUAFetaHo:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=K6Hnr8Hvqi4:zmGUAFetaHo:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/K6Hnr8Hvqi4\" height=\"1\" width=\"1\" alt=\"\" \/><\/p>\n<p>See more here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/K6Hnr8Hvqi4\/\" title=\"Weekly Fundamentals - WTI Crude Broke Below US$60\/bbl as Agencies Downgraded Demand Outlook\">Weekly Fundamentals - WTI Crude Broke Below US$60\/bbl as Agencies Downgraded Demand Outlook<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pessimistic oil demand outlook triggered another round of crude selloff. The front-month contract for WTI crude oil broke below US$60\/bbl for the first time since 2009 and ended the week -12% lower. The Brent crude contract also slumped more than -10%. Following the OPEC's monthly report which downgraded the global oil demand outlook, the Paris based IEA also cut its forecast. <\/p>\n","protected":false},"author":987,"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-18781","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\/18781","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\/987"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=18781"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/18781\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=18781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=18781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=18781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}