{"id":20574,"date":"2011-04-08T13:02:06","date_gmt":"2011-04-08T17:02:06","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20574"},"modified":"2011-04-08T13:02:06","modified_gmt":"2011-04-08T17:02:06","slug":"crude-for-may-delivery-approaches-112-a-barrel","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/04\/08\/crude-for-may-delivery-approaches-112-a-barrel\/","title":{"rendered":"Crude For May Delivery Approaches $112 A Barrel"},"content":{"rendered":"<p>Light crude for May delivery approached the $112 a barrel level, while Brent crude futures rose $1.74 to $124 a barrel. Buying momentum has continued as hopes fade for a quick resolution of conflicts in Libya. Last week, crude-oil futures traded at $106 a barrel and prices have only climbed since then. The weakening of the U.S. dollar and uncertainty over a possible U.S. government shutdown helped crude-oil prices increase. Tudor Pickering Holt analysts said, &#8220;Middle East tensions driving further crude-oil gains from these elevated levels will make us incrementally more nervous about energy demand, the economy and inflation.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Light crude for May delivery approached the $112 a barrel level, while Brent crude futures rose $1.74 to $124 a barrel. Buying momentum has continued as hopes fade for a quick resolution of conflicts in Libya.<\/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-20574","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=20574"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20574\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}