At 3:41 pm (Brasília time), this Thursday (22), the WTI spot contract registered losses of 0.18% and was traded at US$ 61.24 / barrel on the New York Stock Exchange. After starting the session with earnings, the commodity went to the negative side with technical moves to realize profits and worsen the coronavirus pandemic in India, contradicting the expectations of controlling the disease with mass vaccination. Despite the optimism focused on the speech of the American president, Joe Biden, at the Summit of Leaders on Climate, in which he promised to reduce the emission of greenhouse gases by the country between 50% and 52% by 2030 in relation to the levels of 2005. In addition, yesterday (21) the Information and Energy Administration (EIA) showed an increase of 594 thousand barrels in US oil stocks in the last week, compared to a fall of almost 6 million barrels in the previous week. The Judicial Committee of the House of Representatives of the United States also approved last Tuesday (20) a bill that could involve members of the Organization of the Petroleum Exporting Countries (OPEC) in the country's antitrust legislation.
This text was translated by machine from Brazilian Portuguese.