At around 5:34 pm (Brasília time), this Friday (5th), the WTI spot contract jumped 3.70% and was traded at US$ 66.19 / barrel on the New York Stock Exchange. Earlier, it renewed one-year highs at $ 66.40 / barrel.
The last session of the week gained momentum with the decision by the Organization of the Petroleum Exporting Countries and Allies (OPEC +) to maintain further cuts in global supply in March and April. In addition to the voluntary suspension of 1 million barrels per day (bpd) in Saudi Arabian production. The global economy, vaccination of the coronavirus and production in the United States are also on the radar, as the market does not wait for a recovery in the short term.
This text was translated by machine from Brazilian Portuguese.