New York. The price of intermediate oil of Texas (WTI) closed yesterday with a rise of 0.6% and stood at 76.99 dollars, encouraged by the weekly decrease in the reserves of the United States.
According to data at the end of operations on the New York Mercantile Exchange (Nymex), WTI futures contracts for delivery in February totaled $ 0.43 compared to the previous session. The US benchmark barrel has seen seven positive days in one of its best streaks of the year, its price is at the levels of late November.
Texas oil continues to appreciate after yesterday the US government reported a larger-than-expected decline in reserves of crude oil, gasoline and distillates last week.
The data has helped investors trust the economic recovery and allay fears about the impact of the omicron variant of the coronavirus on energy demand.
Experts point out that, despite the global rebound in cases, governments have generally not re-imposed confinements on the population but are making their measures and isolation times more flexible.
On the other hand, the market is awaiting the meeting of OPEC and its allies next week, in which the producer alliance will review its policy of gradual increase in supply.
On the other hand, natural gas contracts for February delivery fell 29 cents to $ 3.56 per thousand cubic feet.
