Oil Prices Continue to Rise in International Markets

The barrel of crude oil was trading today with increases in the international markets of New York and London.

West Texas Intermediate (WTI) crude, which operates on the New York futures market (Nymex), advanced 0.58% this morning and was trading at US$ 69 a barrel in contracts with delivery in June.

Similarly, Brent oil from the North Sea, which is traded on the London electronic market (ICE), gained 0.94% and a barrel was agreed at US$ 73.01 but in contracts for July, according to with what was reported by the Bloomberg agency.

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Meanwhile, the Organization of Petroleum Exporting Countries (OPEC) reported that its crude oil basket closed yesterday at US$73.75 a barrel, compared to US$78.55 the day before, which represented a collapse of 6, 12%

With information from Telam

2023-05-04 06:20:00
#Oil #posts #gains #York #London

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