{"id":82928,"date":"2015-12-24T07:28:38","date_gmt":"2015-12-24T12:28:38","guid":{"rendered":"http:\/\/countingpips.com\/?p=82928"},"modified":"2015-12-24T07:28:38","modified_gmt":"2015-12-24T12:28:38","slug":"oil-prices-stage-pre-holiday-rally","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/12\/oil-prices-stage-pre-holiday-rally\/","title":{"rendered":"Oil prices stage pre-holiday rally"},"content":{"rendered":"<div id=\"inves-2327288153\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">December 24, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>There was a pre-holiday rally in oil prices as they extended their rebound in Thursday\u2019s Asian session, moving further off eleven-year lows.<\/p>\n<p>Brent crude, the international oil benchmark, climbed 0.6 per cent to $37.58 a barrel in Asia, following a 3.4 per cent gain overnight, pulling further away from an 11-year low of $35.98 hit earlier in the week. US West Texas Intermediate added 0.6 per cent to $37.72, extending its rebound to a third session.<\/p>\n<p>The price of gold rose 0.4 per cent in Asia to $1,074.51 an ounce.<\/p>\n<p>Australia\u2019s S&amp;P\/ASX 200 was up 1.3 per cent for a seventh straight gain, led by the materials and energy sectors. Hong Kong\u2019s Hang Seng Index rose 0.6 per cent and Japan\u2019s Nikkei 225 added 0.3 per cent.<\/p>\n<p>Markets in Greater China were heading the other direction. The tech-focused Shenzhen Composite fell 1.8 per cent and the blue-chip-heavy Shanghai Composite fell 1.5 per cent.<\/p><div id=\"inves-470996008\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>In the US, rebounding oil prices helped the S&amp;P 500 to rise 1.2 per cent on Wednesday to 2,064. That was just enough to take it into positive territory for the year with a gain of 0.3 per cent.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime There was a pre-holiday rally in oil prices as they extended their rebound in Thursday\u2019s Asian session, moving further off eleven-year lows. Brent crude, the international oil benchmark, climbed 0.6 per cent to $37.58 a barrel in Asia, following a 3.4 per cent gain overnight, pulling further away from an 11-year low [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-82928","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=82928"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82928\/revisions"}],"predecessor-version":[{"id":82940,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82928\/revisions\/82940"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=82928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=82928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=82928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}