At 3:35 pm (Brasília time), this Wednesday (10), WTI oil recorded losses of 0.30% traded at US$ 63.82 / barrel on the New York Stock Exchange. The Information and Energy Administration (EIA) reported today that there was a growth of 13.798 million barrels in the United States oil stocks in the last week. The result was well above the expected high of 816 thousand barrels, but below the increase of more than 21 million barrels in the previous week. Yesterday (09), the American Petroleum Institute (API, in English) showed growth of 12.793 million barrels in the last week. Despite the strong increase in the volume stored in the last week, the North American demand is still high as a result of the recent wave of extreme cold in the country. Attention also to economic uncertainties and global demand still in the midst of the coronavirus pandemic.
This text was translated by machine from Brazilian Portuguese.