The barrel of Brent oil rose 1.9% and approached $80

The barrel of Brent oil for delivery in August closed this Thursday in the London futures market with an increase of 1.86%, to stand at $79.87.

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North Sea crude oil, a benchmark in Europe, advanced $1.45 compared to the last negotiation on the Intercontinental Exchange (ICE), when it ended at $78.41.

The negotiation of European oil was forged upwards on a day in which the European Central Bank (ECB) lowered interest rates for the first time since March 2016 by 0.25 points, to 4.25%. but he avoided tracing a path for new descents and has delayed reaching its inflation target until 2026.

The Fed will meet next week to again discuss the direction of interest rates, although most experts believe they will remain stable.

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EFE