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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAfter climbing the day before, oil prices hesitated on Friday. The market is still evaluating the possibility of Russian oil installations being hit by Ukrainian fire
.The barrel of West Texas Intermediate (WTI), for delivery the same month, fell by 0.54% to 69.72 dollars. After opening the session higher, the barrel of Brent from the North Sea for delivery in January lost 0.47% to 73.88 dollars, around 11:50 GMT (12:50 CET). Also, the market also takes into account “the monthly drop in oil demand from China, a hesitant OPEC+” about a possible continuation of voluntary production cuts and “a wild American dollar”, which is increasing the cost of a barrel, tempers Tamas Varga
.
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