Home » Business » Texas oil drops to USD 80.97 a barrel – 2024-04-30 10:14:09

Texas oil drops to USD 80.97 a barrel – 2024-04-30 10:14:09

Petroleum. REFERENCE

The price of Texas intermediate oil (WTI) It opened this Tuesday with a drop of 1.14%, to $80.97 a barrel, the lowest price so far this month.

At 9:01 local time (13:01 GMT), WTI futures contracts for delivery in June subtracted 93 cents from the close of the previous session.

Since the peak on April 5, when it touched $87, Texas crude oil has not stopped falling, and on this occasion the geopolitical tension in middle Eastwith crossed attacks – but limited – between Iran e Israel have not greatly affected the price of black gold.

British and American aircraft are intercepting Iranian drones heading towards Israel.
Drone attack against Israel on April 13.

Analysts seem relatively calm when confirming that the transit of oil tankers through the strategic Strait of Hormuz has not been affected in the slightest, but they are more attentive to the activity of the Houthi militias of Yemen who have not lifted their threats against the cargo ships that sail through the Red Sea.

Last week, Texas crude oil lost 3% of its value, and Brent’s behavior was similar; This week, it could easily drop below $80 a barrel and thus evaporate the gains accumulated throughout the year. EFE (I)

#Texas #oil #drops #USD #barrel

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.