{"id":20687,"date":"2017-09-30T10:37:05","date_gmt":"2017-09-30T08:37:05","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/20687\/weekly-fundamentals-brents-backwardation-should-contune-to-support-price\/"},"modified":"2017-09-30T10:37:05","modified_gmt":"2017-09-30T08:37:05","slug":"weekly-fundamentals-brents-backwardation-should-contune-to-support-price","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/20687\/weekly-fundamentals-brents-backwardation-should-contune-to-support-price\/","title":{"rendered":"Weekly Fundamentals &#8211; Brent&#8217;s Backwardation Should Contune to Support Price"},"content":{"rendered":"<p>Crude oil prices ended the third quarter with strong gains, driven by better demand outlook and tighter supply as OPEC\/non-OPEC producers continued to curb output. The WTI crude oil contract rose +12%, while the Brent contract surged +20%, in 3Q17. However, the former has remained in the negative territory while the latter has registered mild gain year-to-date.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=VkGPzJD7_aM:Twhgweui014: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=VkGPzJD7_aM:Twhgweui014:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=VkGPzJD7_aM:Twhgweui014:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=VkGPzJD7_aM:Twhgweui014:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=VkGPzJD7_aM:Twhgweui014:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=VkGPzJD7_aM:Twhgweui014: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=VkGPzJD7_aM:Twhgweui014: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=VkGPzJD7_aM:Twhgweui014:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=VkGPzJD7_aM:Twhgweui014:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/VkGPzJD7_aM\" height=\"1\" width=\"1\" alt=\"\" \/><\/p>\n<p>See more here:\u00a0<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/VkGPzJD7_aM\/\" title=\"Weekly Fundamentals - Brent's Backwardation Should Contune to Support Price\">Weekly Fundamentals &#8211; Brent&#8217;s Backwardation Should Contune to Support Price<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil prices ended the third quarter with strong gains, driven by better demand outlook and tighter supply as OPEC\/non-OPEC producers continued to curb output. The WTI crude oil contract rose +12%, while the Brent contract surged +20%, in 3Q17. However, the former has remained in the negative territory while the latter has registered mild gain year-to-date. <\/p>\n","protected":false},"author":5121,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20687","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\/20687","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\/5121"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=20687"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/20687\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=20687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=20687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=20687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}