{"id":18905,"date":"2015-02-04T03:45:49","date_gmt":"2015-02-04T02:45:49","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/18905\/wti-jumped-7-amidst-hopes-of-output-decline\/"},"modified":"2015-02-04T03:45:49","modified_gmt":"2015-02-04T02:45:49","slug":"wti-jumped-7-amidst-hopes-of-output-decline","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/18905\/wti-jumped-7-amidst-hopes-of-output-decline\/","title":{"rendered":"WTI Jumped +7% amidst Hopes of Output Decline"},"content":{"rendered":"

Crude oil continued the recovery with both benchmark contracts returning to the levels seen in the beginning of the year. Investors have become more optimistic that US oil output would start to fall later this year with BP substantially cutting its 2015 capex. BP's Chief Executive Bob Dudley forecast that oil production would rise further until summer, when weak oil prices would begin to push down output.<\/p>\n

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\nWTI Jumped +7% amidst Hopes of Output Decline<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Crude oil continued the recovery with both benchmark contracts returning to the levels seen in the beginning of the year. Investors have become more optimistic that US oil output would start to fall later this year with BP substantially cutting its 2015 capex. BP's Chief Executive Bob Dudley forecast that oil production would rise further until summer, when weak oil prices would begin to push down output. <\/p>\n","protected":false},"author":1179,"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-18905","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\/18905","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\/1179"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=18905"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/18905\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=18905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=18905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=18905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}