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Oil price falls 8 cents and stays at the gates of the psychological barrier of $ 50

Posted On 27 May 2016

 

PETROLEO-ECUADORTIMES-ECUADORNEWS

The timely interruption in oil production caused by large fires in Canada and the attacks on oil facilities in Nigeria has underpinned a gradual increase in prices in recent weeks and has allowed to overcome the psychological barrier of $ 50 today.

Although this has not been enough to hold the figure, at the end of the trading day a barrel of Texas oil, a reference for Ecuador, fell eight cents to close at $ 49.48, breaking the upward trend of the last two days.

 

Source: http://expreso.ec/economia/el-petroleo-baja-8-centavos-y-se-queda-a-las-puertas-de-la-barrera-psicologica-de-los-50-XE363990

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