Home » Business » WTI oil rises to USD 79.05 a barrel – 2024-03-06 12:55:28

WTI oil rises to USD 79.05 a barrel – 2024-03-06 12:55:28

The price of Texas intermediate oil (WTI) It opened up 0.23% at $79.05 a barrel, continuing Tuesday’s trend.

At 9:05 local time (14:05 GMT), WTI futures contracts for delivery in April rose $0.18 compared to the close of the previous session.

On Wednesday, US crude oil closed at a new 2024 high.

Tom Try indicates this Wednesday in his report The Sevens Reportthat this rise is due, in part, to the leak in the media that the alliance OPEC+leadered by Riad y Moscowplans to extend production cuts until the end of the year.

“Prospects for a ceasefire deal between Israel and Hamas remained relatively low, containing geopolitical fears, while Russia announced a ban on gasoline exports for the next six months due to strong domestic demand.”annotated Try.

The president of USA, Joe Bidenstated this week that his “hope” is that an agreement is reached for a ceasefire in the Gaza Strip for next Monday. EFE (I)

Joe Biden has been president of the United States of America since January 20, 2021. (EFE)

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