At around 6:27 pm (Brasília time), this Monday (25th), the WTI spot contract jumped 0.92% and was traded at US$ 52.75 / barrel on the New York Stock Exchange. The first trading session of the week reflects the technical movement of adjustments in positions and hopes for coronavirus vaccination in the world, despite the return of more rigid and lockdowns. The market also continues to wait for the approval of the US $ 1.9 trillion economic stimulus package. In a negative aspect, the countries that participate today in the World Economic Forum (EMF) stressed that 2021 will be a year of transition and global financial caution due to the pandemic, which increases the caution about the recovery of oil demand.
This text was translated by machine from Brazilian Portuguese.