The oil price intermediate of Texas (WTI) opened this Wednesday almost flat, with a slight decrease of 0.06%, to 80.11 dollars a barrel.
At 9:05 local time (14:05 GMT), the futures contracts of the WTI for delivery in March lost 0.05 dollars with respect to the close of the previous day.
After two weeks on the up, in which it once again broke the $80 barrier, Texas seems to have lost steam, and since last Monday it has closed two consecutive days down.
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US crude started 2023 strongly driven by increased business in Chinawhich lifted its strict covid-19 policies this month, and that was the reason for the increases in the preceding weeks.
Also today it was learned that Germanythe economic engine of the euro zone, improves its forecasts for 2023 and predicts a growth of 0.2%, a percentage considered as a sign of the “capacity of adaptation and resilience” of the German economy, according to the Ministry of Economy of that country.
But for the moment, and despite the positive signals coming from china and germanythe prospects for oil consumption are not yet tinged with optimism and the prices of Texas They seem to indicate some caution.
