The price of Texas Intermediate Oil (WTI) opened this Thursday with a rise of 0.63%, to $83.21 a barrel, after yesterday’s sharp loss, when it fell 3.13% due to geopolitical uncertainty.
At 9:03 local time (13:03 GMT), WTI futures contracts for delivery in May added 52 cents compared to the close of the previous session, although in the hours prior to opening the figure reached be in red
At this same time, Brent also appreciated by 0.24% and stood at $87.50.
The alarm at the beginning of the week seems to dissipate among investors as the days go by and Israel’s retaliation against Iran does not materializealthough the Israeli Government has not ruled it out.
During the week, Texas has lost around 4% of its value. EFE
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