Texas crude oil ended the day at $ 58.56, down 4.3 percent.


The price of intermediate oil of texas (WTI) closed this Thursday with a fall of 4.3% and stood at 58.56 dollars, as concerns about the recovery in demand resurfaced.

At the end of trading on the New York Mercantile Exchange (Nymex), WTI futures contracts for delivery in May were down 2.62 dollars from the close of the previous day.

The barrel of Texas fell back as concerns prevailed today about the possibility of a new wave of coronavirus in Europe and the rebound in contagions in key emerging economies for crude oil, overshadowing the recovery in demand.

Experts point out that there is not a major drop in prices due to expectations that the OPEC + alliance, which meets next week, will decide to loosen its production restrictions agreed for the month of May.

Gasoline contracts due in April fell 7 cents to $ 1.92 a gallon, and natural gas contracts for same-month delivery added 5 cents to $ 2.57 per thousand cubic feet.


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