New York, May 5 (EFE) , but remains on track to close another week with losses.
At 9:00 a.m. local time (1:00 p.m. GMT), WTI futures contracts for June delivery were at $1.71 compared to the previous day’s close, showing some stability after several turbulent days.
Oil prices collapsed this week and the black gold was down more than 7% on Wednesday night.
However, on Thursday “there were a couple of positive developments”, according to Tom Essaye in his report for The Sevens Report.
