At 3:43 pm (Brasília time), this Thursday (07th), the WTI spot contract registered losses of 0.28% and was traded at US$ 59.60 / barrel on the New York Stock Exchange. The commodity reverses yesterday's gains with the influence of technical movements in position adjustments, worsening of the coronavirus pandemic in India and signs of weakness in the United States' economy. The number of people who filed for US unemployment benefits rose 16,000 in the week ended April 3, to 744,000 requests, compared to an expectation of 694,000 requests. Despite this, the Information and Energy Administration (EIA, in English) reported yesterday (07) that US oil stocks fell 3.522 million barrels in the week ended April 2. The volume was much better than the forecast of a fall of 1.436 million barrels in the previous week and a forecast of a decline of 876 thousand barrels.
This text was translated by machine from Brazilian Portuguese.