{"id":68720,"date":"2022-07-20T01:18:24","date_gmt":"2022-07-19T21:18:24","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=68720"},"modified":"2022-07-20T01:23:17","modified_gmt":"2022-07-19T21:23:17","slug":"us-crude-oil-inventory-poised-to-rise-above-expectations","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-crude-oil-inventory-poised-to-rise-above-expectations\/07\/20\/market-updates\/","title":{"rendered":"US Crude oil inventory poised to rise above expectations"},"content":{"rendered":"\n<p>Ahead of US official government data scheduled release on Wednesday, the privately surveyed oil stock data has been released:<br><br>Crude +1.860M vs. +1.4M barrels expected. <br><br>Gasoline +1.290M vs. +0.1M bbls expected.<br><br>Distillate -2.153M vs +1.2M expected. <br><br>Cushing +0.523M.<br><br>WTI crude for August delivery closed up US$1.62 to US$104.22 per barrel a day prior to the contract&#8217;s expiry. September Brent crude, the global benchmark, was last seen up US$1.12 to US$107.39, while Western Canada Select was up US$1.75 to US$80.47 per barrel.<br><br>The bid in oil comes even with supplies from Libya returning to the global oil market. The country&#8217;s National Oil Company lifted the force majeure declared when political protests forced the closure of oil fields and infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ahead of US official government data scheduled release on Wednesday, the privately surveyed oil stock data has been released:Crude +1.860M vs. +1.4M barrels expected. Gasoline +1.290M vs. +0.1M bbls expected.Distillate -2.153M vs +1.2M expected. Cushing +0.523M.WTI crude for August delivery closed up US$1.62 to US$104.22 per barrel a day prior to the contract&#8217;s expiry. September &hellip;<\/p>\n","protected":false},"author":13,"featured_media":30586,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[9834,7431,6846,6859,6909],"class_list":["post-68720","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-distillate","tag-gasoline","tag-oil","tag-oil-inventories","tag-wti"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=68720"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68720\/revisions"}],"predecessor-version":[{"id":68725,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68720\/revisions\/68725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30586"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=68720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=68720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=68720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}