WTI oil jumps more than 1% this afternoon in NY

At 3:38 pm (Brasília time), this Monday (15), WTI oil registered gains of 1.09%, traded at US$ 60.12 / barrel on the New York Stock Exchange. Earlier, it renewed 13-month highs at $ 60.95 / barrel The session continues last Friday's gains (12) with the influence of market expectations on the economic recovery and global demand with advances in coronavirus vaccination. In addition, the recent tensions established in the Middle East and the reduction in supply from the Organization of Petroleum Exporting Countries and Allies (OPEC +) this month are also on the radar. Russian Deputy Prime Minister Alexander Novak also said that the global oil market is recovering and that the price of a barrel could reach an average of 45 to 60 dollars in 2021. 

This text was translated by machine from Brazilian Portuguese.