{"id":1494,"date":"2021-07-01T17:03:23","date_gmt":"2021-07-01T20:03:23","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1494"},"modified":"2021-07-01T17:03:26","modified_gmt":"2021-07-01T20:03:26","slug":"crude-oil-settled-at-75-23","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/07\/01\/crude-oil-settled-at-75-23\/","title":{"rendered":"Crude oil settled at $75.23"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Up $1.76 or 2.4%<\/h2>\n\n\n\n<p>The price of WTI crude oil futures settle at $75.23. That&#8217;s up $1.76 or 2.4%.<br>The high price today reached $76.22. The low price extended to $73.39.<\/p>\n\n\n\n<p><br>The\u00a0scuttlebutt from the\u00a0OPEC meeting is that\u00a0members would\u00a0start to cut production by 400,000 BPD\u00a0per month from August to December (total cut of 2M BPD).\u00a0 There has been some\u00a0pushback for that plan.\u00a0 As a result, the\u00a0meeting conclusion has been extended to tomorrow.\u00a0\u00a0<\/p>\n\n\n\n<p><br>The run to the upside today stalled about $0.66 ahead of the October 2018 high price at $76.88. Move above that level would have crude oil trading at the highest level since November 2014.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/az705044.vo.msecnd.net\/20210701\/2021-07-01_12-41-52.jpg\" alt=\"Crude oil\"\/><\/figure>\n\n\n\n<p><em>Source:<a href=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/crude-oil-settled-at-7523-20210701\" data-type=\"URL\" data-id=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/crude-oil-settled-at-7523-20210701\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.forexlive.com\/technical-analysis\/!\/crude-oil-settled-at-7523-20210701<\/a><\/em><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Up $1.76 or 2.4% The price of WTI crude oil futures settle at $75.23. That&#8217;s up $1.76 or 2.4%.The high price today reached $76.22. The low price extended to $73.39. The\u00a0scuttlebutt from the\u00a0OPEC meeting is that\u00a0members would\u00a0start to cut production by 400,000 BPD\u00a0per month from August to December (total cut of 2M BPD).\u00a0 There has [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":970,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-1494","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1494"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1494\/revisions"}],"predecessor-version":[{"id":1495,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1494\/revisions\/1495"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/970"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}