WTI oil operates at moderate high this afternoon in NY

At 3:36 pm (Brasília time), this Tuesday (13th), the WTI spot contract registered gains of 0.77% and was traded at US$ 60.16 / barrel on the New York Stock Exchange. The Organization of Petroleum Exporting Countries (OPEC) started to forecast an increase of 5.95 million barrels per day (bpd) in global demand for the commodity in 2021. The new estimate is 70 thousand bpd (or 6.6%) higher last month. The news relieves market fears of a possible oversupply of fuel in the world amid continuing uncertainties about the coronavirus pandemic and the recent increase in the group's supply. In addition, the United States vaccinated the record number of 4.6 million people in 24 hours. With that, the country reached the daily average of 3 million vaccinated in the last week, for a total of 120 million immunized Americans, which corresponds to about 60% of the adult population of the country, according to the head of the task force of the White House in combating the pandemic, Andy Slavitt. 

This text was translated by machine from Brazilian Portuguese.