The price of Texas intermediate oil (WTI) It opened this Friday with a slight drop of 0.26%, although it is on track to close a week clearly on the rise.
At 9:01 local time (14:01 GMT), WTI futures contracts for delivery in April lost 21 cents compared to the close of the previous session.
On Thursday, the International Energy Agency (IEA) revised upwards its forecast for global oil demand this year and, taking into account the production cuts announced by the main members of the cartel OPEC+believes that the market could be in a situation of “slight deficit.”
For the CNBC portal, this forecast aligns with OPEC’s own projections and consolidates the idea of a weaker supply.
Added to this are the attacks this week launched by Ukraine against Russian oil installations, which support the same idea of possible difficulties for Russian supplies.
Texas began the week at 77.44 dollars a barrel, and yesterday, at its highest moment, it reached 81.54. EFE (I)
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