New York. The price of Texas Intermediate Oil (WTI) soared 8% this Tuesday and stood at 103.41 dollars a barrel, due to the evolution of the war in Ukraine.
The increase came despite the decision of several large producers to release part of their strategic reserves. According to end-of-trading data on the New York Mercantile Exchange, WTI futures contracts for April delivery added $7.69 from the previous close. US benchmark oil ended the session at an eight-year high, on fears of a potential reduction in global energy supply stemming from the Russian invasion of Ukraine, now in its sixth day, and harsh Western economic sanctions. against Moscow. Throughout the day, the price of black gold rose more than 11%, exceeding 106 dollars a barrel. The International Energy Agency agreed on Tuesday to release 60 million barrels of oil from the strategic reserves of its members around the world to ensure that there will be no supply problems after the Russian invasion of Ukraine.
Oil rises to US$103.41 a barrel in NY
Related Posts
Latest Posts
Will there be more cyclorrutas in Bogotá? This was said by the Mayor’s Office
Environmental care is also enhanced with more friendly transport alternatives.
Mexican peso backets after US labor report and local inflation fact
El peso mexicano se deprecia frente al dólar la mañana
Puno: merchants assaulted officials and municipal police during ordering operation in Juliaca
A group of merchants, who invade the sidewalks and streets
Dollar: how much is quoted this Friday, February 7
Yesterday, the dollar contributions in Argentina showed significant differences between
Latest from Blog
Will there be more cyclorrutas in Bogotá? This was said by the Mayor’s Office
Environmental care is also enhanced with more friendly transport alternatives. In this sense, lTo mayor of Bogotá He gave a new update on cyclorrutasthe specific paths for those who use bicycles in
Mexican peso backets after US labor report and local inflation fact
El peso mexicano se deprecia frente al dólar la mañana de este viernes. La divisa local cae ante un fortalecimiento del billete verde, mientras los inversionistas asimilan un reporte laboral mixto en Estados
Puno: merchants assaulted officials and municipal police during ordering operation in Juliaca
A group of merchants, who invade the sidewalks and streets of the Jirones Tarma and surrounding Juliaca, attached blunt objects to a mayor and municipal police officers, whose event occurred during an
Dollar: how much is quoted this Friday, February 7
Yesterday, the dollar contributions in Argentina showed significant differences between the official dollar and the dollar Blue. The official dollar, which is negotiated in authorized banks and exchange houses, closed to $
Government ensures that meat will be exported again “immediately” after the regularization of its price
In the middle of the series of questions to the government of Luis Arce for suspending the export of beef, the vice minister of communication, Gabriel Alcón, said Thursday that “immediately” the