At 3:55 pm (Brasília time), Thursday (14), WTI oil registered gains of 0.79%, trading at US$ 53.33 / barrel on the New York Stock Exchange. Earlier, it reached the level of $ 53.48 / barrel, renewing its maximums. The market reverses its losses from the beginning of the day with the influence of the technical movement of adjustments in positions and optimism about the global vaccination of the coronavirus, despite the recent growth in contamination. Beyond expectations with the approval of the trillion dollar stimulus package to the US economy shortly after Joe Biden's presidential inauguration on January 20. It also affects the reduction of oil supply by the Organization of Petroleum Exporting Countries (OPEC, in English) from January to balance prices. Despite the fact that the group kept its forecast for world demand unchanged, with an increase of 5.9 million barrels per day (bpd) this year, to 95.91 million bpd, after a record contraction of 9.75 million bpd last year. While the total supply of the United States is expected to grow by 370 thousand barrels per day (bpd) in 2021, to 17.99 million bpd, 71,000 bpd above the previous forecast.
This text was translated by machine from Brazilian Portuguese.