{"id":20196,"date":"2016-10-26T03:54:29","date_gmt":"2016-10-26T01:54:29","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/20196\/wti-crude-fell-below-us50bbl\/"},"modified":"2016-10-26T03:54:29","modified_gmt":"2016-10-26T01:54:29","slug":"wti-crude-fell-below-us50bbl","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/20196\/wti-crude-fell-below-us50bbl\/","title":{"rendered":"WTI Crude Fell Below US$50\/bbl"},"content":{"rendered":"<p>Crude oil prices declined with the WTI benchmark closing below US$50\/bbl for the first time in 3 weeks. After Iraq sought to be excluded from OPEC&#8217;s proposed output cut deal, Russia reiterated that it has no plan to cut production for now. Meanwhile, a huge build in crude oil inventory further dampened sentiment. The front-month WTI crude oil contract dropped -1.108% to 49.96 at close, while the Brent contract fell -1.3% to settle at 50.79, the lowest close since September 30. Stock markets eased. Wall Street drifted lower on mixed earnings results and economic data.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=ca7q_6gO_7c:Fpj2T_1ykyw: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=ca7q_6gO_7c:Fpj2T_1ykyw:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=ca7q_6gO_7c:Fpj2T_1ykyw:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=ca7q_6gO_7c:Fpj2T_1ykyw:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=ca7q_6gO_7c:Fpj2T_1ykyw:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=ca7q_6gO_7c:Fpj2T_1ykyw: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=ca7q_6gO_7c:Fpj2T_1ykyw: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=ca7q_6gO_7c:Fpj2T_1ykyw:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=ca7q_6gO_7c:Fpj2T_1ykyw:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/ca7q_6gO_7c\" height=\"1\" width=\"1\" alt=\"\" \/><\/p>\n<p>Here is the original post:<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/ca7q_6gO_7c\/\" title=\"WTI Crude Fell Below US$50\/bbl\">WTI Crude Fell Below US$50\/bbl<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil prices declined with the WTI benchmark closing below US$50\/bbl for the first time in 3 weeks. After Iraq sought to be excluded from OPEC&#8217;s proposed output cut deal, Russia reiterated that it has no plan to cut production for now. Meanwhile, a huge build in crude oil inventory further dampened sentiment. The front-month WTI crude oil contract dropped -1.108% to 49.96 at close, while the Brent contract fell -1.3% to settle at 50.79, the lowest close since September 30. Stock markets eased. Wall Street drifted lower on mixed earnings results and economic data. <\/p>\n","protected":false},"author":440,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20196","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\/20196","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\/440"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=20196"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/20196\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=20196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=20196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=20196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}