Home » Business » Texas oil opens with a slight rise to USD 84.2 – 2024-05-02 09:33:00

Texas oil opens with a slight rise to USD 84.2 – 2024-05-02 09:33:00

REFERENCE

The price of Texas intermediate oil (WTI) opened this Friday with a slight increase of 0.80%, to 84.2 dollars per barrel, after publishing that the increase in personal consumption prices – excluding food and energy – in March was 2.8%, higher than expected. that was expected.

At 9:01 local time (13:01 GMT), WTI futures contracts for delivery in June rose 63 cents compared to the close of the previous session.

For its part, the price of a barrel of Brent grew by 0.79% to $89.71, which represents an increase of 0.76 points.

The annual inflation rate in the United States was 3.5% in the twelve months ending in March and, according to the portal MarketWatchgreater dynamism is now expected in oil prices because the market will have more clues about when the interest rate cuts of the Federal Reserve.

The next inflation update is scheduled for May 15. EFE (I)

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