{"id":4940,"date":"2019-03-21T14:01:16","date_gmt":"2019-03-21T18:01:16","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=4940"},"modified":"2019-03-21T14:01:16","modified_gmt":"2019-03-21T18:01:16","slug":"commodity-market-update-march-21-2019","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/pt\/commodity-market-update-march-21-2019\/","title":{"rendered":"Commodity Market Update March 21, 2019"},"content":{"rendered":"<footer class=\"blockquote-footer\">\n<div><span style=\"color: #000000;\"><strong>Our weekly commentaries and updates will remain free until April 22, 2019. Effective April 22, 2019, a subscription will be required in order to receive them. Anyone who signs up before April 30, 2019 will receive a yearly subscription at the discounted rate of $99\/yr. Of course, clients of Fundamental Analytics and BlackSummit Financial Group will continue receiving our weekly content for free.\u00a0<\/strong><\/span><\/div>\n<p><span style=\"color: #000000;\"><strong>We would be happy to discuss this commentary with you and provide additional market insights. Feel free to call us at 312-348-7518 or email us at joel.fingerman@fundamentalanalytics.com.<\/strong><\/span><\/p>\n<p><strong style=\"color: #333333; font-size: 0.9375rem;\">Commodity Market Update March 21, 2019<\/strong><\/p>\n<\/footer>\n<p><strong><span style=\"color: #333333;\">Energia<\/span><\/strong><\/p>\n<p><span style=\"font-weight: 400; color: #333333;\">Prior to 2014 crude oil produced in the US by federal law could not be exported. \u00a0When the law was changed in mid-2014, US crude exports increased to about 0.5 million barrels per day. \u00a0Starting in mid-2017 with increasing domestic shale production of crude oil, crude exports increased dramatically to 3.39 million barrels per day (Chart 1, black line). \u00a0With record crude oil production for supply, crude stocks can be at lower levels (Chart 1, red line). With strong exports and lower levels of crude stocks, US WTI crude oil prices will be supported and can be expected to stay above $60 a barrel.<\/span><\/p>\n<p><strong><span style=\"color: #333333;\">Chart 1<\/span><\/strong><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-4941\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2019\/03\/CMU-0320.png\" alt=\"\" width=\"974\" height=\"647\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2019\/03\/CMU-0320.png 974w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2019\/03\/CMU-0320-300x199.png 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2019\/03\/CMU-0320-768x510.png 768w\" sizes=\"(max-width: 974px) 100vw, 974px\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>Our weekly commentaries and updates will remain free until April 22, 2019. Effective April 22, 2019, a subscription will be required in order to receive them. Anyone who signs up before April 30, 2019 will receive a yearly subscription at the discounted rate of $99\/yr. Of course, clients of Fundamental Analytics and BlackSummit Financial Group [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4940","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/4940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/comments?post=4940"}],"version-history":[{"count":10,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/4940\/revisions"}],"predecessor-version":[{"id":4951,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/4940\/revisions\/4951"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/media?parent=4940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/categories?post=4940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/tags?post=4940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}