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The price of oil rose

The price of oil rose

The price of a barrel of oil closed yesterday in New York with a new rise, due to the weakness of the dollar against a basket of currencies, in an attempt to mitigate the quarterly losses, in the midst of a favorable climate for risk variables .

The barrel of the WTI variety gained 1.9% to close at US$74.30, while the Brent type rose 1.2% and traded at US$79.20, according to figures provided by the New York Mercantile Exchange ( NYMEX).

In this way, with one day left to close the first quarter of the year, the WTI registers a fall of 7.4%, while the Brent falls 8%, since the beginning of the year.

For analysts and investors, the rise is consolidating due to an increase in demand for crude oil throughout the world.

Source: Ambito

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