{"id":19880,"date":"2016-05-28T11:30:45","date_gmt":"2016-05-28T09:30:45","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/19880\/weekly-fundamentals-unprecedented-production-outage-the-key-for-crudes-rally\/"},"modified":"2016-05-28T11:30:45","modified_gmt":"2016-05-28T09:30:45","slug":"weekly-fundamentals-unprecedented-production-outage-the-key-for-crudes-rally","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/19880\/weekly-fundamentals-unprecedented-production-outage-the-key-for-crudes-rally\/","title":{"rendered":"Weekly Fundamentals - Unprecedented Production Outage the Key for Crude's Rally"},"content":{"rendered":"

Crude oil had another solid week with both benchmarks breached US$ 50\/bbl briefly before retreat. The front-month WTI contract ended the week +3.31% higher while the Brent contract was up +1.23%. Settling at US$49.33 on Friday, WTI crude prices trades at a premium (+US$0.01\/bbl) over Brent crude for the first time since January 22, 2016. We believe the bigger-than-expected decline in US crude inventory, continuing decline in US production and the aftermath of wildfires in Alberta, Canada...<\/p>\n

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\nWeekly Fundamentals - Unprecedented Production Outage the Key for Crude's Rally<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Crude oil had another solid week with both benchmarks breached US$ 50\/bbl briefly before retreat. The front-month WTI contract ended the week +3.31% higher while the Brent contract was up +1.23%. Settling at US$49.33 on Friday, WTI crude prices trades at a premium (+US$0.01\/bbl) over Brent crude for the first time since January 22, 2016. We believe the bigger-than-expected decline in US crude inventory, continuing decline in US production and the aftermath of wildfires in Alberta, Canada... <\/p>\n","protected":false},"author":5276,"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-19880","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\/19880","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\/5276"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=19880"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/19880\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=19880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=19880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=19880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}