{"id":19139,"date":"2015-06-06T07:24:32","date_gmt":"2015-06-06T05:24:32","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/19139\/weekly-fundamentals-opec-crude-wont-return-to-us100bbl\/"},"modified":"2015-06-06T07:24:32","modified_gmt":"2015-06-06T05:24:32","slug":"weekly-fundamentals-opec-crude-wont-return-to-us100bbl","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/19139\/weekly-fundamentals-opec-crude-wont-return-to-us100bbl\/","title":{"rendered":"Weekly Fundamentals – OPEC: Crude Won’t Return to US$100\/bbl"},"content":{"rendered":"

As widely expected, OPEC decided to leave its production quote at 30M bpd. Note that OPEC Secretary General Abdallah Salem el-Badri indicated at the press conference that the quote is now “an indicator” rather than a ceiling, implying the members may produce as much as they like. The decision affirmed OPEC\u2019s strategy to compete for market share rather than price defense.<\/p>\n

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Continued here:\u00a0
\nWeekly Fundamentals – OPEC: Crude Won’t Return to US$100\/bbl<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As widely expected, OPEC decided to leave its production quote at 30M bpd. Note that OPEC Secretary General Abdallah Salem el-Badri indicated at the press conference that the quote is now “an indicator” rather than a ceiling, implying the members may produce as much as they like. The decision affirmed OPEC\u2019s strategy to compete for market share rather than price defense. <\/p>\n","protected":false},"author":257,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19139","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\/19139","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\/257"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=19139"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/19139\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=19139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=19139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=19139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}