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January 11, 2023
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Texas oil closes at $77.41 a barrel

Petróleo de Texas baja hasta los 78,96 dólares el barril

The oil price intermediate of Texas (WTI) rose 3.1% this Wednesday and closed at $77.41 a barrel, ending positive for the fifth consecutive day, driven by expectations of increased demand for energy from Chinaa large consumer of crude oil.

At the close of business in NYthe futures contracts of the WTI for delivery in February they totaled 2.29 dollars with respect to the close of the previous day.

This increase comes even after the last report of the US Government will reveal one of the biggest weekly crude inventory gains today.

You can read: Dionis Sánchez points out that Pedernales port does not start due to lack of “environmental permits”

The Energy Information Management indicated on Wednesday that US crude inventories increased by 19 million barrels during the week ending January 6.

However, on average, analysts were forecasting a drop of 500,000 barrelsAccording to a survey conducted by S&P Global Commodity Insights.

On the other hand, futures contracts for natural gas for February they earned $0.03, up $3.67 Dollarsand those of gasoline maturing the same month they earned $0.10 a gallon to $2.43.



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