{"id":432396,"date":"2011-05-30T07:05:34","date_gmt":"2011-05-30T07:05:34","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/30\/oil-prices-below-101-per-barrel\/"},"modified":"2011-05-30T07:05:34","modified_gmt":"2011-05-30T07:05:34","slug":"oil-prices-below-101-per-barrel","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/","title":{"rendered":"Oil prices below $101 per barrel"},"content":{"rendered":"
\n

You Are Here: Home<\/a> \u00bb Africa\/International<\/a> \u00bb Oil prices below $101 per barrel<\/p>\n

\n

Page last updated at Monday, May 30, 2011 7:07 AM \/\/ <\/span><\/div>\n

\"\"<\/a>Oil prices hovered below $101 a barrel Monday in Asia in light trading volume ahead of the U.S. Memorial Day holiday.<\/p>\n

Benchmark oil for July delivery was down 6 cents to $100.53 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The benchmark contract added 36 cents to settle at $100.59 on Friday.<\/p>\n

In London, Brent crude for July delivery was down 16 cents to $114.87 a barrel on the ICE Futures exchange.<\/p>\n

The Libyan rebels\u2019 finance minister, Ali Tarhouni, said Sunday that the oil fields located in the eastern half of the country under opposition control will resume production once it\u2019s safe to send workers to the fields. He said he did not expect security to be established soon.<\/p>\n

Before the uprising against Moammar Gadhafi\u2019s regime, Libya produced about 1.6 million barrels per day, but output has ground to a halt during the revolt that began Feb. 15.<\/p>\n

Some analysts expect the eventual return of Libyan crude production will help push oil prices lower. Capital Economics said it sees Brent trading below $90 by the end of 2011 as political upheaval in the Middle East and North Africa, which it estimates has added about $20 to the price of crude, eases.<\/p>\n

\u201cIt seems likely that the stalemate in Libya will be resolved, one way or another, in the coming months,\u201d Capital Economics said in a report. \u201cIn the meantime, there is no sign of significant disruption to supply from other oil producers, notably Saudi Arabia.\u201d<\/p>\n

Oil has dropped from a 30-month high near $115 a barrel on May 2.<\/p>\n

In other Nymex trading in June contracts, heating oil fell 0.5 cent to $2.99 a gallon and gasoline was steady at $3.09 a gallon. Natural gas futures rose 2.5 cents to $4.54 per 1,000 cubic feet.
Source: AP<\/p>\n\n

| | Tweet This!<\/a> | <\/p>\n\n

Comments<\/h4>\n<\/div>\n

Here is the original post:
\nOil prices below $101 per barrel<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

You Are Here: Home \u00bb Africa\/International \u00bb Oil prices below $101 per barrel Page last updated at Monday, May 30, 2011 7:07 AM \/\/ Oil prices hovered below $101 a barrel Monday in Asia in light trading volume ahead of the U.S. Memorial Day holiday. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-432396","post","type-post","status-publish","format-standard"],"yoast_head":"\nOil prices below $101 per barrel - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Oil prices below $101 per barrel - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"You Are Here: Home \u00bb Africa\/International \u00bb Oil prices below $101 per barrel Page last updated at Monday, May 30, 2011 7:07 AM \/\/ Oil prices hovered below $101 a barrel Monday in Asia in light trading volume ahead of the U.S. Memorial Day holiday.\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2008\/12\/oil2.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Oil prices below $101 per barrel\",\"datePublished\":\"2011-05-30T07:05:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/\"},\"wordCount\":323,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2008\/12\/oil2.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/\",\"name\":\"Oil prices below $101 per barrel - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2008\/12\/oil2.jpg\",\"datePublished\":\"2011-05-30T07:05:34+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/#primaryimage\",\"url\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2008\/12\/oil2.jpg\",\"contentUrl\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2008\/12\/oil2.jpg\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Oil prices below $101 per barrel - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/","twitter_card":"summary_large_image","twitter_title":"Oil prices below $101 per barrel - Ghanamma.com","twitter_description":"You Are Here: Home \u00bb Africa\/International \u00bb Oil prices below $101 per barrel Page last updated at Monday, May 30, 2011 7:07 AM \/\/ Oil prices hovered below $101 a barrel Monday in Asia in light trading volume ahead of the U.S. Memorial Day holiday.","twitter_image":"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2008\/12\/oil2.jpg","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/"},"author":{"name":"","@id":""},"headline":"Oil prices below $101 per barrel","datePublished":"2011-05-30T07:05:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/"},"wordCount":323,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/#primaryimage"},"thumbnailUrl":"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2008\/12\/oil2.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/","url":"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/","name":"Oil prices below $101 per barrel - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/#primaryimage"},"thumbnailUrl":"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2008\/12\/oil2.jpg","datePublished":"2011-05-30T07:05:34+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2011\/05\/30\/oil-prices-below-101-per-barrel\/#primaryimage","url":"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2008\/12\/oil2.jpg","contentUrl":"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2008\/12\/oil2.jpg"},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/432396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=432396"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/432396\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=432396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=432396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=432396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}