Texas oil price closes at $20.37 a barrel and affects revenues in Bolivia

In New York, the WTI (Texas) barrel for delivery in April ended at $20.37, a drop of 24.4%. The North Sea Brent for delivery in May fell 9.9% to $25.86 a barrel. Given this scenario, Bolivia is affected by the perception of income, which is distributed to the governments, municipalities, universities, the National Treasury and various national funds, since the sale price of Bolivian gas is indexed to the cost of WTI barrel. The effect will have greater visibility in the third quarter of the 2020 administration.

Source: El Deber