At around 6:34 pm (Brasília time), this Thursday (22), the WTI spot contract registered an increase of 0.13% and was traded at US$ 61.43 / barrel on the New York Stock Exchange. The commodity was on the upside at the end of the day, influenced by technical adjustments in positions after recent devaluations and caution on international oil demand with the worsening of the coronavirus pandemic in India, the world's third largest consumer. Negatively, the Energy Information Administration (EIA) pointed out yesterday (21) that there was a growth of 594 thousand barrels in US oil stocks in the last week, compared to a fall of almost 6 million barrels in the previous week. The Judicial Committee of the House of Representatives of the United States also approved last Tuesday (20) a bill that could involve members of the Organization of the Petroleum Exporting Countries (OPEC) in the country's antitrust legislation.
This text was translated by machine from Brazilian Portuguese.