MADRID, 3 Abr. (EUROPA PRESS) –
The prices of a barrel of oil rose more than 8% on Monday in the markets in response to the announcement this Sunday that the Organization of the Petroleum Exporting Countries (OPEC) and its allies, led by Russia, will reduce the supply of crude in more than one million barrels per day.
In this way, the price of Brent crude oil, a reference for Europe, rose this Monday to 86.44 dollars per barrel, the highest since the beginning of March and more than 8% above the price marked at the close of session on Friday.
On its side, the price of West Texas Intermediate (WTI) crude, a benchmark for the United States, rose 7.8% to reach $81.58.
This Sunday, Saudi Arabia announced a voluntary cut in its crude production of half a million barrels per day, to which other OPEC countries joined to varying degrees, while Russia announced that it will extend the cut of 500,000 barrels to the end of the year until the end of the year. day announced after the entry into force of the cap on the price of its crude oil exports.
