The oil price Texas Intermediate (WTI) fell 3.5% this Monday, to $85.87 a barrel, after a strengthening of the dollar, the increase in cases of covid in China and the downward forecast of the OPEC on the consumption of crude oil.
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Upon completion of operations in the New York Mercantile Exchange (Nymex), the futures contracts of the WTI for December delivery were down $3.09 from the previous day’s close.
The black gold of reference in USA started the week down, thus breaking with the rise of almost 3% last Friday.
