At 3:44 pm (Brasília time), this Friday (9th), the WTI spot contract registered losses of 0.42% and was traded at US$ 59.35 / barrel on the New York Stock Exchange. The commodity follows the downward bias of the previous day, still assimilating the signs of international economic weakness amid the coronavirus pandemic, mainly the North American one. Yesterday (08), the US Department of Labor reported that the number of people who filed for unemployment benefits rose 16,000 in the week ended April 3, to 744,000 claims. In addition, Iran today released a South Korean-flagged oil tanker, seized in January, as Tehran officials are pressing Seoul to unlock billions of dollars frozen by US sanctions. In contrast, US oil stocks fell 3.522 million barrels in the week ended April 2. The volume was much better than the forecast of a fall of 1.436 million barrels in the previous week and a forecast of a decline of 876 thousand barrels.
This text was translated by machine from Brazilian Portuguese.