At 3:41 pm (Brasília time), this Monday (1st), WTI oil registered a 1.85% drop, trading at US$ 60.36 / barrel on the New York Stock Exchange. The commodity went to the negative side this afternoon with a lack of news about the global demand for energy, despite advances in vaccination of the coronavirus, expectation of economic recovery and end of the Lunar New Year in China. In addition, the market cautiously awaits the meeting of the Organization of the Petroleum Exporting Countries and Allies (OPEC +) scheduled for Thursday (04) for new definitions of production quotas for the month of April.
This text was translated by machine from Brazilian Portuguese.