Saturday, December 2, 2023

Texas oil rises 1.65% to US$74.11 a barrel

He price of the barrel of intermediate oil of Texas (WTI) opened this Wednesday with a rise of 1.65%, and was located in the $74.11 the barrel, after two days in a row closing higher.

At 09:00 local time (13:00 GMT), the contracts for WTI futures for delivery in July they were up US$1.2 compared to the close of the previous day.

the oil of reference The US opened higher still buoyed by Saudi Energy Minister Abdulaziz bin Salman’s warnings to “speculators”.

The minister told them to turn their attention to the next meeting of the countries producers and its OPEC+ partners, to be held on June 4 in Vienna.

The oil cartel has already cut its production twice to try to maintain the prices of oil above US$80 a barrel.

Today it is also expected that the Energy Information Agency (EIA) of the United States announce the oil inventory in the country last week, which always offers clues about the balance of supply and demand in the United States.


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