{"id":20081,"date":"2016-08-30T05:27:43","date_gmt":"2016-08-30T03:27:43","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/20081\/crude-oil-dropped-as-oversupply-concerns-reemerge\/"},"modified":"2016-08-30T05:27:43","modified_gmt":"2016-08-30T03:27:43","slug":"crude-oil-dropped-as-oversupply-concerns-reemerge","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/20081\/crude-oil-dropped-as-oversupply-concerns-reemerge\/","title":{"rendered":"Crude Oil Dropped as Oversupply Concerns Reemerge"},"content":{"rendered":"

Crude oil prices declined on Monday, as USD strengthened and Iraq confirmed that it will continue to increase production. This offset Genscape's estimate that Cushing stockpile fell -0.28 mmb in the week ended August 26. The front-month WTI crude contract fell -1.39% to 46.98 while the Brent contract was down -1.32% for the day. In equities, Wall Street rose for the first time in 4 sessions with DJIA and S&P 500 indices adding +0.6% and +0.5% respectively.<\/p>\n

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\nCrude Oil Dropped as Oversupply Concerns Reemerge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Crude oil prices declined on Monday, as USD strengthened and Iraq confirmed that it will continue to increase production. This offset Genscape's estimate that Cushing stockpile fell -0.28 mmb in the week ended August 26. The front-month WTI crude contract fell -1.39% to 46.98 while the Brent contract was down -1.32% for the day. In equities, Wall Street rose for the first time in 4 sessions with DJIA and S&P 500 indices adding +0.6% and +0.5% respectively. <\/p>\n","protected":false},"author":614,"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-20081","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\/20081","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\/614"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=20081"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/20081\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=20081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=20081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=20081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}