HomeEconomyOil prices down

Oil prices down

Oil prices were down on Wednesday, weighed down by concerns about a possible hike in key rates in the United States, which could impact demand for crude.

The barrel of Brent from the North Sea for delivery in June dropped 1.95% to 83.12 dollars. Its American equivalent, a barrel of West Texas Intermediate (WTI), for delivery in May, lost 1.99% to 79.25 dollars.

According to recent figures from the federation of professionals in the sector, the American Petroleum Institute (API), crude stocks had fallen by 2.7 million barrels last week, and those of gasoline by one million barrels.

In addition, according to the median of a consensus compiled by Bloomberg, analysts expect a drop of 250,000 barrels in commercial reserves of crude oil and 1.25 million barrels of gasoline.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

MOST RECENT

TRENDING