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Fluctuation: the only secure detail about the oil price

Posted On 10 Mar 2016

 

The oil price closed yesterday at the high, after a significative fall this Tuesday, in New York city. This increment was a compensation of the temporal loss, which also helped to solve the temporal reduction of gas in the United States.

While waiting for the next meeting that will involve the major oil producers, the price of the crude barrel gained 1.79 dollars. The total sale per barrel is 38.29 dollars, which is the highest price in the last three months. On Tuesday, the barrel had lost 1.40 dollars (the barrel price was 36.50 dollars). (I)

Original source in Spanish: http://expreso.ec/economia/la-volatilidad-lo-unico-seguro-en-el-precio-del-petroleo-IA130684

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