At around 6:38 pm (Brasília time), this Monday (15th), the WTI spot contract registered a 0.34% drop and was traded at US$ 65.39 / barrel on the New York Stock Exchange. The first session of the week was influenced by the bearish bias of last Friday (12) and market caution around the monetary policy meeting held by the Federal Reserve (FED) on Tuesday (16) and Wednesday (17). In addition, the growth of cases and deaths caused by the coronavirus in European countries continues to worry the market, mainly the recovery of the global economy. On a positive note, the pace of refineries in China in January remained close to that of December 2020, despite the fact that daily processing rose 15% in the first two months of this year, reaching 114.24 million tons, or 14.13 million barrels per day (bpd), according to data from the National Statistics Office.
This text was translated by machine from Brazilian Portuguese.