New York. The price of Texas intermediate oil (WTI) closed this Monday with a rise of 1.5%, to 88.15 dollars, and accumulated a 17% revaluation in the month of January.
According to end-of-trading data on the New York Mercantile Exchange, WTI futures contracts for March delivery totaled $1.33 from the previous session. The US reference oil began the day with gains in anticipation of the meeting held by the OPEC+ alliance the day after tomorrow to review its policy of increasing production.
The group has gradually opened its taps since August, adding 400,000 barrels a day more each month, despite calls for more supply due to higher fuel prices. The 17% revaluation this month that can be attributed to the mismatch between demand and limited supply, but also to geopolitical conflicts.
