At around 6:32 pm (Brasília time), this Wednesday (24th), the WTI spot contract registered a strong appreciation of 5.92% and was traded at US$ 61.18 / barrel on the New York Stock Exchange.
The commodity went to the positive side with position adjustments after a sharp drop of more than 7% the day before. In addition to the news that a cargo ship of 220 thousand tons and 400 meters in length ran aground in the Suez Canal, in Egypt, one of the main supply routes in the world. As a result, naval congestion was generated, which could delay the global offer. Attention also to Germany that canceled the imposition of lockdown during Holy week and Easter holidays, leaving only measures of social restriction to combat the spread of the coronavirus. Negatively, the Information and Energy Administration (EIA) reported today that the United States oil stocks registered an increase of 1.912 million barrels in the last week, compared to an increase of 2.396 million barrels previously.
This text was translated by machine from Brazilian Portuguese.