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July 18, 2018, 15:53 New York, July 18 (Prensa Latina) The price of Texas Intermediate rose 68 cents to 68.76 dollars a barrel today in New York, despite the fact that US crude oil inventories rose over the previous week
According to the announcement made Wednesday Ministry of Energy, crude oil inventories in this country increased by 5.8 million barrels to 411.1 million units.
Analysts attributed the rise in the price of black gold to a drop of 3, 2 million barrels of fuel reserves for motor vehicles, which stood at 235, 8 million barrels.
Also in this sense, they agreed, a decrease in the period of stocks of distillate fuels, such as diesel and gas
Other experts have badociated the increase in prices to the prospect of a reduction in demand for crude as a result of the trade war between China and the United States.
On this market, gasoline contracts, which were due to be delivered in August, rose by two cents to $ 2.04 per gallon
. However, natural gas, which was delivered during the month, yielded about two cents. and they rejected the meeting at $ 2.72 per thousand cubic feet.
On the other hand, in the London market, Brent crude from the North Sea closed at $ 72.90 per barrel, benefiting 74 cents.
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