Around 5:47 pm (Brasília time), this Friday (22), the WTI spot contract fell 1.96% and was traded at US$ 52.08 / barrel on the New York Stock Exchange. The session reflected the increased growth in the supply of the United States amid the uncertainties of the economic consequences of the continued spread of the coronavirus, increasing the uncertainties of an oversupply. The Information and Energy Administration (EIA) reported that there was an increase of 4.351 million barrels in the United States' oil stocks in the week ended on January 14th. In addition, there is concern about the return of social containment measures and lockdowns to combat coronavirus in the world, mainly in European countries and in China, contrary to expectations with global vaccination and demand recovery.
This text was translated by machine from Brazilian Portuguese.