At 3:18 pm (Brasília time), Wednesday (06th), WTI oil registered an increase of 1.54%, traded at US$ 50.70 / barrel on the New York Stock Exchange, renewing 10-month highs. The market also follows the agreement that the Organization of the Petroleum Exporting Countries and Allies (OPEC +) made on the eve of the cut of 1 million barrels per day (bpd) in Saudi Arabian production from February, which will be contrasted by the increase of 75 thousand bpd in production in Russia and Kazakhstan. In addition, there is monitoring of the definition of the last two seats in the US Senate that must be filled by Democrats from the same party as President-elect Joe Biden, according to preliminary data released. The market also remains optimistic about coronavirus control and improves the global economy this year, as a result of demand, despite the recent growth of infections. The European Medicines Agency (EMA) today approved the coronavirus vaccine developed by the modern American company for use in Europe. There are also expectations about last week's US oil stocks report that will be updated later this afternoon by the American Petroleum Institute (API).
This text was translated by machine from Brazilian Portuguese.