{"id":20525,"date":"2017-05-26T03:46:50","date_gmt":"2017-05-26T01:46:50","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/20525\/oil-prices-slumped-after-opec-deal\/"},"modified":"2017-05-26T03:46:50","modified_gmt":"2017-05-26T01:46:50","slug":"oil-prices-slumped-after-opec-deal","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/20525\/oil-prices-slumped-after-opec-deal\/","title":{"rendered":"Oil Prices Slumped after OPEC Deal"},"content":{"rendered":"<p>Crude oil prices slumped over -4% on profit-taking as the decision after the OPEC\/non-OPEC meeting was in line with market expectations. Recall that, after OPEC\/non-OPEC announced to take coordinated action to reduce output late last year (effective January 2017), crude oil benchmarks recovered from low-40 levels in November 2016 to above US$55\/bbl in January this year.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=l1Ov7tUVT0I:q748zCuc5f4: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=l1Ov7tUVT0I:q748zCuc5f4:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=l1Ov7tUVT0I:q748zCuc5f4:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=l1Ov7tUVT0I:q748zCuc5f4:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=l1Ov7tUVT0I:q748zCuc5f4:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=l1Ov7tUVT0I:q748zCuc5f4: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=l1Ov7tUVT0I:q748zCuc5f4: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=l1Ov7tUVT0I:q748zCuc5f4:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=l1Ov7tUVT0I:q748zCuc5f4:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/l1Ov7tUVT0I\" height=\"1\" width=\"1\" alt=\"\" \/><\/p>\n<p>Original post:\u00a0<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/l1Ov7tUVT0I\/\" title=\"Oil Prices Slumped after OPEC Deal\">Oil Prices Slumped after OPEC Deal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil prices slumped over -4% on profit-taking as the decision after the OPEC\/non-OPEC meeting was in line with market expectations. Recall that, after OPEC\/non-OPEC announced to take coordinated action to reduce output late last year (effective January 2017), crude oil benchmarks recovered from low-40 levels in November 2016 to above US$55\/bbl in January this year. <\/p>\n","protected":false},"author":2139,"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-20525","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\/20525","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\/2139"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=20525"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/20525\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=20525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=20525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=20525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}