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March 4, 2023
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Brent oil rises 1.63% to $85.85

Petróleo de Texas abre en 81,88 dólares el barril

The price of the barrel of brent oil for delivery in May ended this Friday in the market of london futures at $85.85, 1.63% more than at the end of the previous session.

The crude of Northern Marcha benchmark in Europe, concluded the day at the International Exchange Futures with an increase of 1.38 dollars compared to the last negotiation, when it closed at 84.47 dollars.

Read: NFL reports more than 56 million watched Super Bowl LVII worldwide

The Brent price suffered a sharp fall during the session, due to reports of a disagreement between Saudi Arabia and United Arab Emirates (UAE) on the need to increase production.

Speculation in the market about the possibility that UAE will consider leaving the Organization of Petroleum Exporting Countries (OPEC) to be able to increase its pumping, weighed down the price of european barrelwhich later regained ground.



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