He Texas intermediate oil price (WTI) closed this Thursday with a slight drop of 0.1 %, in $ 71,29 a barrel, recovering from Wednesday’s losses to the perspective of a possible peace agreement between Russia and Ukraine.
At the end of the session in the New Yor Mercantile BagK, the Futures of American crude oil for delivery in March subtracted 8 cents with respect to the previous day.
Donald Trump He said Wednesday that he reached an agreement with his Russian counterpart, Vladimir Putin, so that both countries initiate “negotiations immediately” with the aim of ending the war in Ukraine.
This relieved the fear of the operators that the conflict affects the supply of crude oil, although experts are still concerned about uncertainty in Middle East.
“The threat of Trump and (Israeli prime minister) Netanyahu to cancel the fragile high the current fire and” disappear “if Hamas does not release the Israeli hostages In Gaza, a geopolitical bid for fear, “says analyst Tom Essaye today in his daily report Sevens Report.
Low expectations
On the other hand, The Texas market It also has the focus on several economic factors, including the low expectations that the US Federal Reserve (FED) carry out new type cuts and uncertainty around the tariffs that the Trump administration is imposing.
These economic factors They could lead “to a fall in crude oil prices and press the price of the barrel of Brent to 70 dollars,” according to the Ipek Ozkardeskaya analyst, of the Swissquote Bank firm.
In other markets, Natural gas contracts For delivery in March they rose to 3.63 dollars per thousand cubic feet, and those of gasoline for the same period rose to 2.11 dollars the gallon. EFE
