{"id":20477,"date":"2017-04-20T04:35:15","date_gmt":"2017-04-20T02:35:15","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/20477\/us-inventory-report-reminds-the-problem-of-oil-surplus\/"},"modified":"2017-04-20T04:35:15","modified_gmt":"2017-04-20T02:35:15","slug":"us-inventory-report-reminds-the-problem-of-oil-surplus","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/20477\/us-inventory-report-reminds-the-problem-of-oil-surplus\/","title":{"rendered":"US Inventory Report Reminds the Problem of Oil Surplus"},"content":{"rendered":"<p>With little new developments in the geopolitics front, the market's focus returned to oil market. The selloff of energy prices, driven by the less-than-expected drop in crude oil inventory and the surprising increase in gasoline stockpile, dragged equities and commodity currencies lower. The front-month WTI crude oil contract plunged to a 2-week low of 50.09 before settling at 50.44, down -3.76%, while the Brent contract fell to as low as 52.58 before ending the day at 3.57%.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=11-jZ03eVZ0:iaN6TL21obo: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=11-jZ03eVZ0:iaN6TL21obo:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=11-jZ03eVZ0:iaN6TL21obo:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=11-jZ03eVZ0:iaN6TL21obo:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=11-jZ03eVZ0:iaN6TL21obo:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=11-jZ03eVZ0:iaN6TL21obo: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=11-jZ03eVZ0:iaN6TL21obo: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=11-jZ03eVZ0:iaN6TL21obo:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=11-jZ03eVZ0:iaN6TL21obo:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/11-jZ03eVZ0\" height=\"1\" width=\"1\" alt=\"\" \/><\/p>\n<p>Excerpt from:<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/11-jZ03eVZ0\/\" title=\"US Inventory Report Reminds the Problem of Oil Surplus\">US Inventory Report Reminds the Problem of Oil Surplus<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With little new developments in the geopolitics front, the market's focus returned to oil market. The selloff of energy prices, driven by the less-than-expected drop in crude oil inventory and the surprising increase in gasoline stockpile, dragged equities and commodity currencies lower. The front-month WTI crude oil contract plunged to a 2-week low of 50.09 before settling at 50.44, down -3.76%, while the Brent contract fell to as low as 52.58 before ending the day at 3.57%. <\/p>\n","protected":false},"author":1518,"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-20477","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\/20477","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\/1518"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=20477"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/20477\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=20477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=20477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=20477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}