At 3:46 pm (Brasília time), Thursday (28), WTI oil recorded losses of 0.59%, traded at $ 52.54 / barrel on the New York Stock Exchange. The commodity continues on the negative side, reflecting the market uncertainties about global demand in the long term due to the continuous spread of the coronavirus, contrary to vaccination. In addition to fears about the economic impacts of the new wave of the disease in China, which caused travel restrictions for the celebration of the lunar new year to be imposed, in addition to stricter social restraint measures and lockdowns, as well as in European countries. The president of the United States Federal Reserve (FED), Jerome Powell, also said that the country's complete financial recovery is still far away, despite the maintenance of interest rates between 0% and 0.25%. On a positive note, the Information and Energy Administration (EIA, in English) reported yesterday (27) that oil stocks in the United States fell 9.910 million barrels, compared to an increase of more than 4 million barrels in the previous week.
This text was translated by machine from Brazilian Portuguese.