Volatility in the crude oil market
Crude prices this week were affected by market volatilities and due to the period of crisis that the sector is going through. In turn, OPEC cut its forecast for oil demand for 2021 due to high prices. Brent crude futures fell to $ 81.66. US West Texas Intermediate (WTI) futures fell to $ 80.84 after […]
Crude seeks to recover
Crude futures posted losses this Wednesday after the decision made between the countries that make up OPEC +. BRENT and WTI posted losses of almost 2%. Crude prices have been affected in recent hours by three factors. On the one hand, the Organization of the Petroleum Exporting Countries and allies, decided to increase oil […]
Oil prepares for major annual correction
In the last hours, oil suffered very strong falls in its price after reaching all-time highs. After the crisis of the year 2020 on consumption and the serious losses generated in this commodity, prices managed to reposition themselves to even levels prior to the pandemic. Consumption has recovered steadily and continuously after vaccination campaigns and […]