Home CaribbeanDominican Republic Texas oil opens with a rise of 2.11%

Texas oil opens with a rise of 2.11%

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El petróleo de Texas pierde un 0,3 % y cierra en 90,50 dólares el barril

The oil price intermediate of Texas (WTI) opened this Thursday with a rise of 2.11%, up to $ 81.84 a barrel.

At 9:00 a.m. local time (14:00 GMT), the contracts for WTI futures for delivery in March they earned $1.69 compared to the close of the previous day.

After closing lower on Monday and Tuesday, benchmark US crude managed to stay afloat with a slight gain of 0.02% on Wednesday, buoyed slightly by a smaller-than-expected increase in commercial oil reserves. US crude

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The reserves of US crude last week they increased by 533,000 barrels, almost half of what was estimated by analysts; further, government indicated that there was an improvement in demand.

According to experts, these data anticipate a tight marketsince on the supply side the country’s strategic reserves are at a low level.

For some analysts, the lifting of the restrictions on Chinathe largest consumer of oil, also encouraged investor sentiment today.

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