Brent crude is up 0.43% to $63.55, alongside New York’s West Texas Intermediate, which is up 0.47% to $60.29. Still, this is the first session in six in which each of these barrels has appreciated, which determines a negative weekly balance, around 8% for both.
Prices are thus moving towards their biggest drop since October. The selling movement is now prolonged in the face of fears that the gains have been too quick, taking into account short-term signals such as demand and a stronger dollar.
