{"id":20531,"date":"2017-06-03T17:16:40","date_gmt":"2017-06-03T15:16:40","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/20531\/weekly-fundamentals-oil-prices-slumped-as-world-production-remains-ample\/"},"modified":"2017-06-03T17:16:40","modified_gmt":"2017-06-03T15:16:40","slug":"weekly-fundamentals-oil-prices-slumped-as-world-production-remains-ample","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/20531\/weekly-fundamentals-oil-prices-slumped-as-world-production-remains-ample\/","title":{"rendered":"Weekly Fundamentals – Oil Prices Slumped as World Production Remains Ample"},"content":{"rendered":"

Crude oil plunged last week, extending the second week of week following the OPEC\/ non-OPEC meeting. The market was concerned that the effect of the extension of output cut deal would be offset by US’ increase in investment and the ramp-up of production by OPEC members that are exempted from the cut. The front-month WTI crude oil contract fell -4.3% while the Brent contract was down -4.22% for the week.<\/p>\n

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\nWeekly Fundamentals – Oil Prices Slumped as World Production Remains Ample<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Crude oil plunged last week, extending the second week of week following the OPEC\/ non-OPEC meeting. The market was concerned that the effect of the extension of output cut deal would be offset by US’ increase in investment and the ramp-up of production by OPEC members that are exempted from the cut. The front-month WTI crude oil contract fell -4.3% while the Brent contract was down -4.22% for the week. <\/p>\n","protected":false},"author":2441,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20531","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\/20531","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\/2441"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=20531"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/20531\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=20531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=20531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=20531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}