{"id":20106,"date":"2016-09-14T05:06:16","date_gmt":"2016-09-14T03:06:16","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/20106\/oversupply-led-to-selloff-in-oil-prices\/"},"modified":"2016-09-14T05:06:16","modified_gmt":"2016-09-14T03:06:16","slug":"oversupply-led-to-selloff-in-oil-prices","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/20106\/oversupply-led-to-selloff-in-oil-prices\/","title":{"rendered":"Oversupply led to Selloff in Oil Prices"},"content":{"rendered":"<p>Selloff in energy prices led the decline in global financial markets. Forecasts by IEA and OPEC that world oil supply remain abundant weighed on energy prices. the front-month WTI crude contract slumped -3% while the Brent crude contract was down -2.53%. Refined products also dropped with heating oil and RBOB gasoline contracts losing -1.29% and -0.96% respectively.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=hHhyEzkvBjE:dqP2mVDY4I8:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=hHhyEzkvBjE:dqP2mVDY4I8:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=hHhyEzkvBjE:dqP2mVDY4I8:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=hHhyEzkvBjE:dqP2mVDY4I8:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=hHhyEzkvBjE:dqP2mVDY4I8:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=hHhyEzkvBjE:dqP2mVDY4I8:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=hHhyEzkvBjE:dqP2mVDY4I8:l6gmwiTKsz0\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=l6gmwiTKsz0\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=hHhyEzkvBjE:dqP2mVDY4I8:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=hHhyEzkvBjE:dqP2mVDY4I8:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/hHhyEzkvBjE\" height=\"1\" width=\"1\" alt=\"\" \/><\/p>\n<p>Read the original:\u00a0<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/hHhyEzkvBjE\/\" title=\"Oversupply led to Selloff in Oil Prices\">Oversupply led to Selloff in Oil Prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Selloff in energy prices led the decline in global financial markets. Forecasts by IEA and OPEC that world oil supply remain abundant weighed on energy prices. the front-month WTI crude contract slumped -3% while the Brent crude contract was down -2.53%. Refined products also dropped with heating oil and RBOB gasoline contracts losing -1.29% and -0.96% respectively. <\/p>\n","protected":false},"author":5179,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20106","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\/20106","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\/5179"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=20106"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/20106\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=20106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=20106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=20106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}