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The price of the Texas oil fell 1.43%
Posted On 09 Jan 2014
Yesterday, the Texas oil fell down 1.43 percent and closed at 92,33 dollars per barrel, after the U.S. Department of energy announced a reduction of inventories in reserves of crude of last week ,less than the experts expected.
At the end of the third session of the week at the Mercantile Exchange in New York (Nymex), futures contracts of the intermediate Texas oil (WTI) to be delivered in February, those of closest maturity, rose to 1.34 dollars on Tuesday.
The ‘black gold’ experienced a negative day again, since Tuesday that lived its first positive session since the change of year; But yesterday the crude returned 2.7 million barrels (0.7%) last week and not 3.3 million barrels as announced by experts.
The Agency reported that crude reserves are above the average for this time of the year and are a 0.9% lower than the previous year.
Natural gas for contracts to be delivered in February, which are the closest maturity, recorded a decline of eight cents to 4.21 dollars for each thousand cubic feet. Contracts for gasoline fell two cents to close at 2.65 dollars per gallon. The same thing happened with contracts for heating oil, which fell two cents and closed at 2.94 dollars a gallon.