At 3:39 pm (Brasília time), this Thursday (4th), WTI oil registered a strong increase of 4.94% traded at US$ 64.31 / barrel on the New York Stock Exchange.
The session registers a strong appreciation this afternoon with the information that the Organization of the Petroleum Exporting Countries and Allies (OPEC +) decided to maintain the further cuts in the global supply in March and April still amid the uncertainties of the global economy with the pandemic. The group's leader, Saudi Arabia, has also offered to carry out a voluntary suspension of an additional 1 million barrels per day (bpd) in its oil production. While Russia and Kazakhstan will be allowed to increase production by 130,000 and 20,000 bpd, respectively. In addition, the market waits for the United States Senate to vote on the $ 1.9 trillion aid package this afternoon and follows the relaxation of restrictive social measures amid vaccination against the coronavirus.
This text was translated by machine from Brazilian Portuguese.