{"id":40257,"date":"2013-07-23T05:38:11","date_gmt":"2013-07-23T09:38:11","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=40257"},"modified":"2013-07-23T05:38:11","modified_gmt":"2013-07-23T09:38:11","slug":"wti-falls-below-brent-crude-again","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/07\/23\/wti-falls-below-brent-crude-again\/","title":{"rendered":"WTI falls below Brent crude again"},"content":{"rendered":"<p><strong>By <u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n<p>The West Texas Intermediate were seen traded flat on Tuesday, after its prices fluctuated earlier on Monday ,while\u00a0 data revealed under-forecast from the US housing sector .<\/p>\n<p>The WTI crude futures were seen falling slightly 0.05% to $106.89 a barrel, as the European benchmark crude exceeded WTI crude futures, after its fall and rise in the previous sessions. Brent crude rose 0.20% to $108.37 on the London ICE Futures Europe exchange.<span id=\"more-2118\"><\/span><\/p>\n<p>Earlier on Monday, the North American crude were seen falling sharply, the most in a week in reaction to concerns raised that the US economy may not be recovering as the National Association of Realtors revealed in its monthly housing re-sales data .<\/p>\n<p>The North American crude revealed a 1.2% fall of re-sales in the previous month to the new yearly figures of 5.08 million, below analysts\u2019 expectations of 5.25 million.<\/p>\n<p>The WTI crude futures and the Brent crude started the week with a bullish reaction, for the fourth day in a row, increasing in response to the fall in US oil inventories, the positive US data ( such as the fall in unemployment ) \u00a0and the high-demand season in the Northern Hemisphere , signifying the US will increase its demand for crude .<\/p>\n<p>However, markets were impressed with Monday reports, which revealed the second strongest figure since 2009.<\/p>\n<p>The post <a href=\"http:\/\/blog.hymarkets.com\/oil-2\/wti-falls-below-brent-crude-again.html\">WTI falls below Brent crude again<\/a> appeared first on <a href=\"http:\/\/blog.hymarkets.com\">| HY Markets Official blog<\/a>.<\/p>\n<p> Article provided by <strong><u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By HY Markets Forex Blog The West Texas Intermediate were seen traded flat on Tuesday, after its prices fluctuated earlier on Monday ,while\u00a0 data revealed under-forecast from the US housing sector . The WTI crude futures were seen falling slightly 0.05% to $106.89 a barrel, as the European benchmark crude exceeded WTI crude futures, after &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/07\/23\/wti-falls-below-brent-crude-again\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;WTI falls below Brent crude again&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-40257","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/40257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=40257"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/40257\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=40257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=40257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=40257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}