Home » Business » WTI oil opens with a rise to USD 81.23 – 2024-03-31 18:33:28

WTI oil opens with a rise to USD 81.23 – 2024-03-31 18:33:28

The price of Texas intermediate oil (WTI) It opened this Friday with a rise of 0.20%, up to $81.23 per barrel, thus breaking the declines of recent sessions.

At 9:00 a.m. local time (2:00 p.m. GMT), WTI futures contracts for delivery in May were down $0.16 from the close of the previous session.

Investors now have their eyes on United Nationsgiven that USA will present a resolution on Friday in which for the first time it will specifically call for “an immediate ceasefire” in Gazaafter having opposed three resolutions from other countries that requested it.

As well as the US Secretary of State, Antony Blinkenwhich came to Israel on an impromptu stop on his sixth tour of the Middle East since the war began in Gaza Stripwith the intention of promoting a truce agreement and the entry of more humanitarian aid to the enclave.

This Thursday, Blinken said in Cairo that the United States continues to pressure the parties involved to reach a ceasefire in Gaza in the negotiations that will continue this week in Doha, an agreement that it sees as “possible.”

Antony Blinken, US Secretary of State.

«The news from the Middle East is good on a humanitarian level, but negative for oil (…) If successful, one of the two main sources of geopolitical concern would be eliminated, leaving the war between Russia and Ukraine as the main geopolitical influence in energy marketsindicates Tom Essaye today in his report for The Sevens Report.

During the last week, Russia launched 49 retaliation attacks against the Army of Ukraine for the Ukrainian incursions into the border regions of Belgrade y KurskThe Russian Defense Ministry reported today in its daily war report.

For its part, Ukraine now receives electricity from Romania, Slovakia y Poland to maintain electricity supply after the massive Russian attack aimed mainly at its energy system. EFE (I)

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