West Texas Intermediate (WTI) crude, which operates on the New York futures market (Nymex), fell 1.63% this morning and was trading at US$ 65.65 a barrel in contracts with delivery in April.
Similarly, Brent oil from the North Sea, which is traded on the London electronic market (ICE), fell 1.60% and a barrel was agreed to at US$ 71.80 in May contracts, according to as reported by the Bloomberg agency.
Meanwhile, the Organization of Petroleum Exporting Countries (OPEC) reported that its basket of crude oil closed on Friday at US$74.11 a barrel, compared to US$73.75 the day before, which represented a rise of 0 .49%
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