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February 8, 2022
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Oil fell 1.1% yesterday to US$91.32 in NY

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The price of Texas Intermediate Oil (WTI) closed yesterday Monday with a decrease of 1.1% to 91.32 dollars, pressured by the nuclear negotiations between the US and Iran.
According to data at the end of operations on the New York Mercantile Exchange (Nymex), WTI futures contracts for delivery in March fell 0.99 dollars compared to the close of the previous session. US benchmark oil fell after the lifting of some sanctions imposed against Iran by Washington last Friday and the resumption of nuclear negotiations between the two countries.

Today the negotiations between Iran and Germany, France, the United Kingdom, Russia and China will be resumed in Vienna to save the pact that limited the Iranian nuclear program in exchange for the lifting of sanctions. The United States participates indirectly in the negotiations, whose objective is for Washington to rejoin the pact and for Tehran to once again fully comply with it.

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