Post a Comment Print Share on Facebook
Featured Terrorismo Rusia Tribunal Supremo Irán Copa del Rey

The barrel of oil again exceeds 100 dollars

MADRID, 24 Ago.

- 19 reads.

The barrel of oil again exceeds 100 dollars

MADRID, 24 Ago. (EUROPA PRESS) -

The price of a barrel of Brent crude, a benchmark for Europe, again exceeded the threshold of 100 dollars on Wednesday, after Saudi Arabia speculated on the possibility of an adjustment in the production of the Organization of Petroleum Exporting Countries (OPEC). ) and waiting to know the inventory data in the United States.

In this way, the price of a barrel of Brent oil reached 100.28 dollars on Wednesday, after falling to 91.52 dollars per unit on August 17.

In the case of West Texas Intermediate (WTI) crude oil, a reference for the United States, the price of a barrel rose to 93.84 dollars, which represents a revaluation of almost 10% since it touched 85.73 dollars last August 16th.

Speaking to Bloomberg News on Monday, the Saudi minister noted that "paper and physical markets have become increasingly disconnected."

"Witnessing this recent damaging volatility disrupts basic market functions and undermines the stability of oil markets will only strengthen our resolve," he added.