Oil price drops to $ 50.34 per barrel

EFE

WTI future contracts for March delivery fell 82 cents compared to the close of the previous session.

Consequently, the oil of Texas, which serves as a reference for the sale price of Ecuador, closed on the last day of the week of the stock exchange to $ 50.34 per barrel, yielding 1.60%.

In addition, contracts for gasoline for March delivery rose two cents to settle at $ 1.64 a gallon.

Natural gas contracts for March delivery, which is also used as a reference, rose 12 cents and closed the session at $ 2.95 per one thousand cubic feet.