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Hydrocarbon: Oil recovers, gas folds

25/01/2022
Categories: Raw materials

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As oil prices recovered on Tuesday morning, the price of Dutch TTF (Title Transfer Facility) natural gas, a benchmark in Europe, fell shortly after 8:30 a.m.

                      

Down Monday in tune with global stock markets and facing the appreciation of the dollar, oil prices recovered Tuesday morning. After the jump the day before in connection with the high tension in Ukraine, the price of Dutch TTF (Title Transfer Facility) natural gas, a reference in Europe, fell shortly after 8:30 a.m. by 3.23% to 90.00 euros per megawatt hour (MWh). ).

Carried away on Monday by the severe correction of the stock markets, oil prices started to rise again, the barrel of Brent from the North Sea for delivery in March, the most traded in London, rising around 8:30 a.m. by 0.6% to 86, 87 dollars, after having lost the previous evening 1.84% to 86.27 dollars. A barrel of West Texas Intermediate (WTI), also due in March, gained 0.52% to 83.73 dollars, after falling 2.14% the day before to 83.31 dollars.

Provided by Mistral

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