A barrel of oil drops to $ 47.05

The price of West Texas intermediate oil (WTI) closed yesterday at $ 47.05 per barrel, affected by new data indicating an increase in the storage of crude oil in the United States. Oil had a minimal drop in yesterday´s session to $ 46.86. In the end it recorded a decline of $...

China and Iraq suffer price drop in the oil barrel

The price of oil debuted the week at a price of $ 1.02 lower, closing at $ 47.67 per barrel with China and Iraq behind the depreciation, which continue to hamper revenues of Ecuador. The world’s largest consumer of energy, China, is facing a significant downward pressure on...

Oil barrel ended at $ 48.36 in New York

Oil prices ended at a slightly down on Friday, January 9 in New York. A barrel of “light sweet crude” (WTI) for February delivery fell 43 cents to $ 48.36 at the New York Mercantile Exchange (Nymex). In London, a barrel of Brent North Sea for the same delivery closed...