Black sunset. The prices of Petroleum They closed this Wednesday at the highest since 2011 for WTI and since 2014 for Brent, driven by the war in Ukraine, sanctions against Russia and fears about the supply of black gold. A barrel of West Texas Intermediate (WTI) for April delivery rose 6.95% to $110.60, a peak […]
Tag: wti
WTI oil breaks all forecasts and exceeds 110 dollars per barrel
With information from EFE The price of Texas Oil Intermediate (WTI) It shot up 6.6% this Wednesday at the opening and reached $110.29 after the decision of the OPEC+ alliance to maintain its plan to gradually increase production. At 14:05 GMT (09:05 Peruvian time) on the New York Mercantile Exchange (Nymex), WTI futures contracts for […]
Oil price rises more than 10% due to war in Ukraine
The price of a barrel of US oil WTI raised its price this Tuesday, March 1, by more than 10% and that of the barrel of Brentboth indices reached record levels since 2014, with a value of 106.29 dollars per barrel of WTI and $107.44 from Brent’s. The reference WTI oil for America had closed […]
Oil climbs again due to war in Ukraine: WTI barrel operates at $95.45
The price of Petroleum Texas Intermediate (WTI) opened this Monday with a strong rise of 4.2%, to 95.45 dollars a barrel, in reaction to Western sanctions on Russia. At 14:05 GMT (9:05 Peru time) on the New York Mercantile Exchange (Nymex), WTI futures contracts for delivery in April totaled 3.86 dollars per barrel compared to […]
Markets on the lookout: WTI oil falls after Russia’s invasion of Ukraine
The prices of Petroleum They fell slightly in the early hours of this Friday 25, after a significant escalation the day before as a result of Russia’s invasion of Ukraine. Thus, concern about possible interruptions in global supply in light of the sanctions against Russia, a large world oil exporter, subsided in West Texas Intermediate […]
Russia and Ukraine: these would be the global economic consequences
The invasion of Ukraine by Russia is already a fact, after the announcement of the Russian president Vladimir Putin this Thursday, February 24, which had an immediate impact on the operations of the world stock markets, foreign exchange market and safe-haven assets. Stocks around the world plummeted, while the Oil rallied above $100. Gold gained […]
World financial markets fall as the crisis in Russia and Ukraine escalates
The world bags, foreign exchange and haven assets fell after the launch of a Russian military offensive against Ukraine. Thus, the price of a barrel of oil exceeded 100 dollars this Thursday, rising 8.78%, for the first time in more than seven years. The crude Brent advanced 2.6% to $99.36 a barrel; Meanwhile in New […]
Russia and Ukraine: how would the geopolitical crisis impact the Peruvian economy?
The revival of geopolitical tension between Russia and Ukraine has not only set off alarms in many economies around the globe. Although a direct confrontation has not yet been reached, for now only sanctions from United Statesthe truth is that the peruvian families they would feel its ravages despite the fact that the conflict takes […]
Oil prices closed a turbulent week above 90 dollars
The reference WTI crude, with a decrease of 0.8%, closed this Friday at 91.07 dollars, while the Brent, with a rise of 0.63%, ended the day at 93.62 dollars. With this, international oil prices, both in the Brent reference and in the WTI, culminate a week above 90 dollars a barrel. According to data at […]
WTI oil falls to 93.46 dollars this Tuesday, February 15
The futures of Petroleum They fell back from seven-year highs on Tuesday as Russia said some troops were returning to bases after military exercises near the Ukrainian border, which could temper fears of an invasion. At 0912 GMT, US West Texas Intermediate (WTI) crude was down $2.00, or 2.1%, at $93.46, while Brent crude was […]