Home » today » Business » WTI oil falls to USD 76.99 a barrel – 2024-02-21 22:03:58

WTI oil falls to USD 76.99 a barrel – 2024-02-21 22:03:58

REFERENCE

The price of Texas intermediate oil (WTI) It opened this Wednesday with a slight drop of 0.06%, to $76.99 a barrel.

At 9:05 local time (14:05 GMT), WTI futures contracts for delivery in April fell 5 cents compared to the close of the previous session, although they did not stop oscillating between green and red in these first steps of the day.

After last week’s strong rise of 3%, investors opted to take profits on Tuesday, and it seems that this may be the trend today.

The publication of the minutes of the January meeting of the Federal Reservein which there will be clues about when the central bank plans to reduce interest rates.

This reduction was taken for granted, but the latest data show that inflation is proving more stubborn than expected, so the Fed could continue its conservative policy with rates. EFE (I)

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