Oil closed yesterday at $ 53.05 recovering by 7%

The price of oil West Texas Intermediate (WTI) ended yesterday’s session at $ 53.05 per barrel, registering an increase of 7.02%. Upon the completion of the trading day on the New York Mercantile Exchange (Nymex), the WTI future contracts for March delivery rose $ 3.48 a...

Oil price falls to $ 47.93

Oil closed yesterday in New York at less than $ 50 per barrel. A barrel of “light sweet crude” (WTI) for February delivery fell $ 2.11, ending at $ 47.93 on the New York Mercantile Exchange (Nymex), which is the lowest level since April 2009. “Concerns persist...

Oil price remains the same

The Oil prize remained stable until yesterday. This happens, while the market expects to know the impact of  the Tropical Storm Arthur in the U.S. on gasoline demand. A barrel of “light sweet crude” (WTI) for August delivery fell 3 cents, the price closed yesterday at...