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PETRÓLEO-Los precios del crudo suben, pero persist la preoccupation por la demanda china

Shadia Nasrallah

LONDON (Reuters) – Oil prices rose on Friday amid a lack of market liquidity, ending a week marked by concerns over Chinese demand and debate over a Russian oil price cap.

* At 1024 GMT, Brent crude futures rose $1.29, or 1.5%, to $86.63 a barrel. Meanwhile, West Texas Intermediate and US (WTI) futures rose $1.56, or 2%, to $79.50.

* El jueves no se comercializó el WTI. Ambos contratos se encaminaban a su tercer descenso semanal consecutivo, tras haber tocado esta semana minimos de 10 meses .

China, the world’s largest oil importer, reported a new daily record of COVID-19 infections on Friday, but cities across the country continued to apply travel and other restrictions to control the outbreak. I’m here.

* This is starting to affect fuel demand, with less traffic and an implicit demand for oil that is about 1 million barrels per day lower, according to ANZ’s memo.

* Meanwhile, G7 and European Union diplomats have been discussing limiting Russian oil prices to $65 to $70 per barrel, but no deal has been reached yet.

*The goal is to limit revenues to fund military attacks on Moscow and Ukraine without disrupting global gasoline markets, but the proposed levels are in line with what Asian buyers are paying. (Additional reports from Sonali Paul and Melbourne, Trixie Yap and Singapore; edited in Spanish by Carlos Serrano)

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