The price of Texas intermediate oil (WTI) rose 2.36% this Monday, to $58.06 he barreldriven by geopolitical tensions in the Middle East and Eastern Europe.
WTI futures contracts for delivery in February, the new reference month, They totaled 1.34 dollars with respect to the previous day.
According to the analyststoday they have promoted the Texas rising tensions in Yemen, which threaten to affect the region’s crude oil supply.
In early December, the Yemeni secessionist group Southern Transition Council (CTS), backed by the United Arab Emirates (UAE), launched a lightning offensive in eastern Yemen that culminated in the control of two provinces, bordering Oman and Saudi Arabia.
Consequences of the attack
The offensive led to the military coalition led by Riyadh – and which also includes the UAE -, created to combat the Houthi rebels, launched last Friday warning attacks against CTS positions in the province of Hadramut – very rich in oil -, something unusual in the conflict that has devastated the Arab country for more than a decade.
Another factor of movement this Monday was the attack on a residence of the Russian president, Vladimir. Putinof which Russia accuses Ukraine, a country that for its part has rejected its involvement, and which tarnishes the peace efforts in their conflict.
- Putin has said that this attack could lead him to check your posture about some agreements reached with kyiv in previous negotiations.
