West Texas Intermediate (WTI) crude, which operates on the New York futures market (Nymex), advanced 0.77% this morning and was trading at US$ 78.29 a barrel in contracts with delivery in April.
Similarly, Brent oil from the North Sea, which is traded on the London electronic market (ICE) gained 0.70% and a barrel was agreed at US$ 84.90 but in contracts for May, according to as reported by the Bloomberg agency.
Meanwhile, the Organization of Petroleum Exporting Countries (OPEC) reported that its crude basket closed yesterday at US$82.57 a barrel, compared to US$81.91 last Tuesday, which represented a rise of 0.81 %.
