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Oil price drops to $ 50.34 per barrel
Posted On 21 Feb 2015
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.