At around 6:38 pm (Brasília time), this Tuesday (30th), the WTI spot contract registered losses of 2.30% and was traded at US$ 59.16 / barrel on the New York Stock Exchange. The last session of the week was marked by market concerns about new lockdowns in Europe to contain the new wave of spread of the coronavirus, increasing the uncertainties of economic recovery and global demand. The President of France, Emmanuel Macron, announced today that the entire country will enter a lockdown starting on Saturday, the 3rd, lasting three weeks, in order to contain the growth of cases, deaths and hospitalizations caused by the disease. In addition, the Organization of Petroleum Exporting Countries and Allies (OPEC +) started to estimate the increase in global demand for oil for 2021 at 5.6 million barrels per day this year, 300 thousand barrels below the 5.9 million forecast previously. Although the Information and Energy Administration (EIA) reported a drop of 876 thousand barrels in the United States' oil stocks, compared to a growth of 2 million barrels in the previous week and an increase of 107 thousand barrels.
This text was translated by machine from Brazilian Portuguese.