The oil price intermediate of Texas (WTI) fell 0.72% this Thursday and closed at $78.40 a barrel due to fear of the impact on demand of the increase in cases of the chinese covid-19the main importer of crude oil in the world.
At the close of the operations in New Yorkthe futures contracts of the WTI for February delivery they lost 56 cents of dollar compared to the close of the previous day.
With the new wave of cases of covid-19 in China Expectations are lowering that the easing of restrictions due to the pandemic in this country will generate a rebound in demand for black gold.
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For its part, the Information Administration of Energy said today that commercial crude oil inventories of USA they increased by 700,000 barrels last week.
However, analysts surveyed by S&P Global Commodity Insights they expected crude inventories to show a 3 million barrel decline.
Elsewhere, natural gas futures for February fell 12 cents to $4.55, and gasoline futures due the same month gained nearly 1 cent to $2.37 a gallon.