London- The strengthening of the dollar hurt today oil prices as the rise makes commodities traded in that currency more expensive.
However, oil is still close to its highest level since mid-2015, due to expectations that oil producers will comply with agreements reached to limit production from January.
Several nations, which are not members of the Organization of the Petroleum Exporting Countries (OPEC) pledged on December 10th in Vienna to reduce supply by 558,000 barrels per day.
Venezuelan oil minister Eulogio del Pino said it was a historic deal that should allow the price to be raised to between $ 50 and $ 60 a barrel by 2017.
OPEC members agreed on November 30th to cut daily oil production by 1.2 million, which could further stimulate prices.
Havana - Havana Historian Eusebio Leal Spengler, one of Cuba's most renowned intellectuals, died on Friday of a painful illness at the age of 77.
Leal's work was transcendental to the preservation of the legacy of illustrious figures who are paradigms in Cuba and Ibero-America.Read More
Havana - The film Mambo Man, by Cuban musician Edesio Alejandro and British-Iranian film-maker Mo Fini, received today a new award after being chosen as the Best Feature Film of the season at Best Global Shorts festival.Read More
A Greek initiative to award the Nobel Peace Prize to the Cuban doctors who are fighting against the Covid-19 in the world was presented in this capital.Read More