He oil price Texas Intermediate (WTI) fell 1.4% this Tuesday and closed at $79.06 a barrel, ending the day in red for the first time in three sessions.
At the close of business in NYthe barrel of WTI for delivery in March became more expensive by 1.08 dollars with respect to the previous closing.
The price of crude oil fell after the US Department of Energy (DOE) said yesterday that it would sell 26 million barrels of oil from the Strategic Reserve of Petroleum (SPR), which is already at its lowest level since 1983.
On the other hand, today it was announced that the interannual rate of inflation in the United States it continued to fall in January, for the seventh consecutive month, and stood at 6.4%, one tenth less than in December.
Read: Patrick Mahomes matches Brady and Montana: 2 MVPs and 2 Super Bowl MVPs
However, in monthly terms, consumer prices rose half a point, at a time when it is being analyzed whether the Federal Reserve’s interest rate hikes (fedin English) have an effect on lowering prices.
Investors, meanwhile, fear that interest rate hikes from the fed to control inflation could cause an economic slowdown, which has not yet materialized.
On the other hand, the futures contracts of natural gas for March they rose 0.16 dollars, up to 2.56 dollars, and those for gasoline maturing in the same month subtracted 0.04 dollars, up to 2.53 dollars.
