Texas Oil (WTI) on the rise after a weekly drop-in crude reserves


The price of intermediate oil of texas (WTI) closed this Wednesday with a rise of 0.7%, up to 59.77 dollars, after knowing a weekly fall in crude reserves.

At the end of trading on the New York Mercantile Exchange (Nymex), WTI futures contracts for delivery in May totaled $ 0.44 compared to the close of the previous day.

The Energy Information Administration reported a weekly decline of 3.5 million barrels of crude last week, unexpected for analysts, although gasoline and distillate inventories increased.

The price of a barrel of Brent oil for delivery in June ended this Wednesday on the London futures market at 62.92 dollars, 0.30% more than at the end of the previous session.

North Sea crude, a benchmark in Europe, ended the day on the International Exchange Futures with an increase of $ 0.19 compared to the last trade when it closed at $ 62.73.


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