Home » today » Business » The Texas barrel opens with a rise to USD 85.73 – 2024-04-17 08:41:30

The Texas barrel opens with a rise to USD 85.73 – 2024-04-17 08:41:30

The price of Texas intermediate oil (WTI) It opened this Wednesday with a rise of 0.59%, up to $85.73 a barrel.

At 9:05 local time (13:05 GMT), WTI futures contracts for delivery in May added 50 cents compared to the close of the previous session.

In the absence of changes in the supply and demand of crude oil, two issues seem to attract the attention of the sector today due to their possible influence on prices.

On the one hand, the latest inflation report in the US, which rose by three tenths in March to stand at 3.5%, which distances the prospects of seeing it drop to 2% and, therefore, getting colder and colder hopes of lower interest rates.

Furthermore, the geopolitical tension concentrated in middle Eastthe great producing region of the world, makes all actors hold their breath due to the fear that Iran carry out his threats to attack Israel and its diplomatic representations. EFE (I)

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