Oil: still a sprint start, Wti returns to 122 dollars

Dear-fuel, the managers of Turin:

Still a sprinting start for oil prices: after the flare-ups on the eve of the day, crude oil prices are up again sharply: the Texas WTI marks an increase of 2.36% compared to the close last night in New York and changes hands at 122.04 dollars a barrel; Brent gains 2.89% to $ 125.79.

The Chinese stock exchanges closed another session with heavy losses due to the uncertainties about Ukraine and the surge in oil and commodity prices: the Shanghai Composite index lost 2.35%, slipping to 3,293.53 points, while that of Shenzhen lost 2.89%, to 2,139.67.

In light of the uncertainties due to the war in Ukraine, the price of gold continues to rise while the rally affects almost all commodities, nickel in the lead, which registers a record increase of 66%. The immediate delivery bar is gaining another 0.9% at $ 2,013 an ounce. In the last month, the quotations, the Bloomberg agency points out, have grown by 4%. Silver and iron also grow.

Upward opening in Amsterdam for gas. The price paid per MWh increased by 21.04% to 275 euros, while 649.35 pennies (+ 20.35%) were paid on the London market for a thermal unit (Mmbtu).

Stable start of the day for the spread between BTP and Bund which marks 161 basis points like yesterday at the end of the session. The yield of the 10-year Italian bond is 1.59%.

Source: Ansa

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