On Tuesday, March 21, 2023, oil prices continued with a second positive session. They are supported by a return of risk appetite and a rebalancing after a terrible week for black gold.

The US barrel of West Texas Intermediate (WTI), due in April, which was the last trading day, gained 2.49% to $67.64, while the price of a barrel of North Sea Brent for delivery in May rose 2.07%, closing at $73.79. Indeed, the market has continued to recover after last week's nightmare, which saw WTI melt by nearly 13% and operators fear the effects of the banking crisis on the economy.