{"id":4355,"date":"2020-07-08T09:26:40","date_gmt":"2020-07-08T15:26:40","guid":{"rendered":"https:\/\/trends.ufm.edu\/en\/?post_type=newsletter&#038;p=4355"},"modified":"2020-07-08T09:26:40","modified_gmt":"2020-07-08T15:26:40","slug":"crude-oil-h1-2020","status":"publish","type":"newsletter","link":"https:\/\/trends.ufm.edu\/en\/report\/crude-oil-h1-2020\/","title":{"rendered":"In April, COVID-19 knocks out the most important commodity in the world; the recession becomes a reality"},"content":{"rendered":"<h3>Contents<\/h3>\n<ul>\n<li>WTI and Brent Oil Prices<\/li>\n<li>Brent-WTI Price Spread<\/li>\n<li>Global Oil Demand<\/li>\n<li>Breakdown of Global Oil Demand by Country<\/li>\n<li>Oil Demand in the US<\/li>\n<li>Global Oil Supply<\/li>\n<li>Debt and Financial Market<\/li>\n<\/ul>\n<h3>Author<\/h3>\n<ul>\n<li><b>Diego Santizo<br \/><\/b>Diego Santizo is an analyst at UFM Market Trends. He has a master\u2019s degree in Economics and a Minor in Finance from Francisco Marroqu\u00edn University. He is an assistant professor of Economics and related courses at UFM. He is deeply committed with learning, teaching and researching. He is also a multilingual translator.\u00a0<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The global confinement associated with the COVID-19 pandemic has affected not only those sectors most associated with oil consumption, but also the fields of exploration and production in industries such as oil and gas, which have  estimated profits of US$3.3 trillion. The theory of supply and demand, although insufficient to explain all of the nuances of oil production, is useful for illustrating the double shock resulting from weak demand and excess supply that sank reference prices for a segment of the oil market in April.<\/p>\n","protected":false},"author":334,"featured_media":4376,"menu_order":0,"template":"","meta":{"anio":"2020","mes":"January - June","id_estadisticas":"stat-crude-oil-h1-2020","newsletter_link":"https:\/\/trends.ufm.edu\/en\/wp-content\/uploads\/2020\/07\/crude-oil-h1-2020-ufm-market-trends.pdf","portada_informe":"https:\/\/trends.ufm.edu\/en\/wp-content\/uploads\/2020\/07\/crude-oil-h1-2020.png","subtitulo":"Crude Oil H1 2020 Report","footnotes":""},"tags":[242,166],"class_list":["post-4355","newsletter","type-newsletter","status-publish","has-post-thumbnail","hentry","tag-242","tag-crude-oil"],"_links":{"self":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/newsletter\/4355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/newsletter"}],"about":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/types\/newsletter"}],"author":[{"embeddable":true,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/users\/334"}],"version-history":[{"count":4,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/newsletter\/4355\/revisions"}],"predecessor-version":[{"id":4370,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/newsletter\/4355\/revisions\/4370"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/media\/4376"}],"wp:attachment":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/media?parent=4355"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/tags?post=4355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}