West Texas Intermediate (WTI) crude, which operates on the New York futures market (Nymex), advanced 1.73% this morning and was trading at US$ 75.39 a barrel in contracts with delivery in March.
Similarly, Brent oil from the North Sea, which is traded on the London electronic market (ICE), gained 1.51% and a barrel was agreed at US$ 82.21 but in contracts for April, according to with what was reported by the Bloomberg agency.
Meanwhile, the Organization of Petroleum Exporting Countries (OPEC) reported that its crude basket closed yesterday at US$78.20 a barrel, compared to US$79.36 last Friday, which represented an increase of 1. 06%
