The price of Texas intermediate oil (WTI) It opened this Tuesday with a drop of 0.37%, to $77.64 a barrel, as investors analyze the latest economic data.
At 9:00 a.m. local time (14:00 GMT), WTI futures contracts for delivery in April lost $0.29 compared to the close of the previous session.
Inflation in the United States rose 0.4% in February and 3.2% year over year, according to the Bureau of Labor Statistics (BLS).
Beyond today’s report, the data from the United States Energy Information Administration (EIA) tomorrow will be fundamental for the next direction in which the oil market moves.
Last week, Texas lost 2.4%, once again moving away from the $80 barrier, given the data from Chinawhich indicate weak demand, and comments from the International Energy Agency that the market will be well supplied in the current year. EFE (I)
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