Oil rises 1.1% to US $ 77.85 a barrel in NY

New York. The price of intermediate oil of Texas (WTI) closed yesterday with a rise of 1.1% and stood at 77.85 dollars after the report of a weekly fall in US reserves.
According to data at the end of operations on the New York Mercantile Exchange (Nymex), WTI futures contracts for delivery in February totaled $ 0.86 compared to the previous session. Texas oil rose after the US government reported a 2.1 million barrel drop in crude inventories, while gasoline inventories rose more than 10 million. The market has also reacted positively to the decision by OPEC and its allies to increase its production by 400,000 barrels a day in February, following its policy of gradually increasing supply. Meanwhile, investors follow the evolution of the pandemic with the omicron variant, more transmissible, which led the US to register a record of one million cases in a single day last Monday.