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New York, (EFE) – The price of Petroleum Texas Intermediate (WTI) opened this Wednesday with a rise of 1.82%, to 114.45 dollars a barrel, after yesterday’s drop caused by the announcement that the United States will lift some of its economic sanctions against Venezuela, among them the ban on US oil company Chevron to negotiate with the state-owned PDVSA.
At 0905 New York local time (1305 GMT), WTI futures contracts for June delivery were up $2.05 from the previous day’s close.
Yesterday, after starting the day on the rise, oil closed the day leaving 1.6% to 112.4 dollars a barrel.
This morning the factors that have been pushing up the price of black gold, such as the war in Ukraine and the European Union’s search to close a common agreement to impose sanctions on Russian oil imports, seem to have been imposed again on the floor. in retaliation for their invasion.
Brussels today presented its new plan to get rid of Russia’s hydrocarbons, a disengagement initiative valued at 210,000 million euros and which would end dependence on Russian gas and oil.
The EU imports 40% of its gas, 28% of its oil and 46% of its coal from Russia.
In addition, the news in recent days from China about the progressive lifting of restrictions to contain covid-19 has also favored the increase in price by anticipating greater progressive economic activity.
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