{"id":31780,"date":"2020-04-21T14:56:45","date_gmt":"2020-04-21T14:56:45","guid":{"rendered":"https:\/\/tabadul.demo.ly\/en\/oil-hits-two-decade-lows-on-low-demand-storage-woes\/"},"modified":"2020-04-21T14:56:45","modified_gmt":"2020-04-21T14:56:45","slug":"oil-hits-two-decade-lows-on-low-demand-storage-woes","status":"publish","type":"post","link":"https:\/\/tabadul.tv\/en\/oil-hits-two-decade-lows-on-low-demand-storage-woes\/","title":{"rendered":"Oil hits two-decade lows on low demand, storage woes"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"> Benchmark Brent and U.S. oil futures for June delivery plunged to around two-decade lows today, a day after U.S. May futures sank into negative territory for the first time in history as demand tumbled due to the coronavirus crisis. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Brent for June delivery LCOc1, the front-month contract, fell to as low as $18.10, its lowest since November 2001. At 14:00 GMT, it was down 20% at $20.47.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The June contract for U.S. West Texas Intermediate (WTI) crude CLc2 dropped 23.7% to $15.59, after hitting its lowest since 1999.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Benchmark Brent and U.S. oil futures for June delivery plunged to around two-decade lows today, a day after U.S. May futures sank into negative territory for the first time in history as demand tumbled due to the coronavirus crisis. Brent for June delivery LCOc1, the front-month contract, fell to as low as $18.10, its lowest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":30513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9271],"tags":[9914],"class_list":["post-31780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-low-demandoilstorage"],"_links":{"self":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/31780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/comments?post=31780"}],"version-history":[{"count":0,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/31780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media\/30513"}],"wp:attachment":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media?parent=31780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/categories?post=31780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/tags?post=31780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}