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Commodity: Oil prices are hesitant on Monday

23/12/2024
Source : ORISHAS FINANCE
Categories: Raw materials

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Entre un dollar threats of regaining American control of the key trade route of the Panama Canal, which could affect supply, and a strong dollar that weighs on crude purchases, oil and gas prices Prices fell on Monday

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Around 11:15 GMT (12:15 CET), the price of a barrel of Brent from the North Sea, for delivery in February, dropped 0.43% to 72.63 dollars. A barrel of West Texas Intermediate (WTI), for delivery in the same month, lost just 0.37% to 69.20 dollars. Susannah Streeter, of Hargreaves Lansdown, said that crude prices are torn between “speculation about interest rates” in the US and “supply fears in a context of trade disputes.”

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