At 3:38 pm (Brasília time), this Thursday (25th), WTI oil registered a 0.05% drop, trading at US$ 63.20 / barrel on the New York Stock Exchange. The commodity goes to the negative side this afternoon with the influence of the technical movements of realization of profits and economic deceleration in the United States, contrary to the vaccination of the coronavirus in the country and in the world. The country's Commerce Department reported today that there was a 3.5% drop in the country's economy in 2020, the largest since 1946 after World War II. In addition, the market assimilates the increase of 1.285 million barrels of oil in US stocks in the last week, compared to an unexpected drop of 7.258 million barrels earlier and expectations of -5.190 million barrels.
This text was translated by machine from Brazilian Portuguese.