{"id":56488,"date":"2010-04-15T11:01:03","date_gmt":"2010-04-15T01:01:03","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2010\/04\/15\/oil-heading-for-us90\/"},"modified":"2010-04-15T11:01:03","modified_gmt":"2010-04-15T01:01:03","slug":"oil-heading-for-us90","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2010\/04\/15\/oil-heading-for-us90\/","title":{"rendered":"Oil Heading For US$90"},"content":{"rendered":"<p>\n\tBy Rudi Filapek-Vandyck<\/p>\n<p>\n\tThe crude oil futures market had recorded five consecutive days of small losses before heading higher once more in yesterday&#039;s session and that is, explains the team of technical analysts at Barclays Capital, a positive signal.<\/p>\n<p>\n\tThe analysts point out the five consecutive losses have carved out a so-called &ldquo;bullish flag-like pattern&rdquo; and thus further gains should now be expected.<\/p>\n<p>\n\tThe analysts predict Brent is now on its way to test US$88.15\/bbl, then US$90\/bbl. For West Texan Intermediate the analysts forecast a test of US$87.10\/bbl shortly after which US$90\/bbl should be the next target.<\/p>\n<p>\n\tThis week&#039;s trading has cemented trendline support at US$ 82.60\/80\/bbl argue the analysts.<\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/crude_oil(2).jpg\" style=\"width: 680px;height: 516px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week&#8217;s price action has reignited crude oil&#8217;s upward path, report technical analysts at Barclays Capital.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[24],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/56488"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=56488"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/56488\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=56488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=56488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=56488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}