Home » today » Business » Texas oil opens with a rise to USD 77.65 – 2024-03-02 18:47:35

Texas oil opens with a rise to USD 77.65 – 2024-03-02 18:47:35

oil pump on orange sunset

The price of Texas intermediate oil (WTI) It opened this Tuesday with a rise of 0.09%, to $77.65 a barrel.

At 9:05 local time (14:05 GMT), WTI futures contracts for delivery in April fell $0.09 compared to the close of the previous session.

The president of USA, Joe Bidenstated on Monday that his “hope” is that an agreement is reached for a ceasefire in the Gaza Strip for next week.

«My National Security Advisor tells me that we are close, we are close, but we have not achieved it yet. “My hope is that by next Monday we will have a ceasefire.”the president told the press in New York.

The Israeli Army. Photo tweeted on January 21, 2024.

Tom Tryindicates this Tuesday in its report The Sevens, that a key factor behind Friday’s considerable decline in the oil market “was the hopes and better prospects for a ceasefire agreement to be reached between the leaders of Israel and Hamas during weekend”.

“There was progress on an agreement, but it was for an exchange of hostages and not for a total ceasefire, so the feeling of danger that seemed to be receding from the markets on Friday, returned at the beginning of the week yesterday”, adds Essaye. EFE (I)

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