The price of a barrel of oil has rebounded to 114 dollars, a level not reached for months. The Brent barrel, reference in Europe, has registered this rise in the first hours of the day, while West Texas Intermediate (WTI) has also experienced a significant increase, consolidating an upward trend in international energy markets.
The advance of crude occurs after accumulated increases in recent days, with rises of several percentage points that have raised the price from levels close to 105 dollars. This movement has intensified the pressure on energy markets.
As a consequence, the main European stock markets point to falls at the open. Indices such as the German DAX or the French CAC 40 anticipate declines amid fears that the rise in oil prices will negatively affect economic growth and business margins.
