{"id":19016,"date":"2015-04-08T04:49:15","date_gmt":"2015-04-08T02:49:15","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/19016\/crude-prices-soared-as-us-output-expected-to-drop\/"},"modified":"2015-04-08T04:49:15","modified_gmt":"2015-04-08T02:49:15","slug":"crude-prices-soared-as-us-output-expected-to-drop","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/19016\/crude-prices-soared-as-us-output-expected-to-drop\/","title":{"rendered":"Crude Prices Soared as US Output Expected to Drop"},"content":{"rendered":"

Crude oil prices soared as the US EIA forecast the country’s oil output would decline in coming months. The front-month contract for WTI crude oil rose to as high as 54.13 before ending the day at 53.98, up +3.53%. The Brent crude contract gained +1.69% for the day. At the monthly Short-Term Energy Report (STEO), the agency estimated that total US crude oil production averaged an estimated 9.3M bpd in March but noted that production “will decline in June through September before growth resumes”.<\/p>\n

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\nCrude Prices Soared as US Output Expected to Drop<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Crude oil prices soared as the US EIA forecast the country’s oil output would decline in coming months. The front-month contract for WTI crude oil rose to as high as 54.13 before ending the day at 53.98, up +3.53%. The Brent crude contract gained +1.69% for the day. At the monthly Short-Term Energy Report (STEO), the agency estimated that total US crude oil production averaged an estimated 9.3M bpd in March but noted that production “will decline in June through September before growth resumes”. <\/p>\n","protected":false},"author":1659,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19016","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\/19016","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\/1659"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=19016"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/19016\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=19016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=19016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=19016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}