He Israeli government has indicated that it is an offensive against Hamas in the Gaza Strip will continue into 2024, raising concerns among investors about the possibility of the conflict spreading across the region and affecting crude oil trade.
Analysts will be paying attention to US inventory data released today by The New York Times American Petroleum Institute.
In addition, inflation data for December will be released on Thursday, which could give investors clues about the direction monetary policy will take. Federal Reserve (Fed).
Despite doubts about the question, the Texas managed to end the first week of the year with a cumulative increase of more than 3%, mainly driven by tensions in the Middle East.
For its part, the price of Brent oil reference for Colombiagained $1.46, or 1.92%, to settle at $77.58 a barrel.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
