At 3:37 pm (Brasília time), this Friday (19th), WTI oil recorded a sharp drop of 2.21% traded at US$ 59.12 / barrel on the New York Stock Exchange. The commodity continues on the negative side of the net, taking in the information that oil refineries have returned to normal in the United States, including the largest in Latin America in Texas. Despite the continuity of extreme cold, it does not allow the return of energy supply to all affected states. In addition, the global market for the commodity remains uncertain and impaired since the supply to European countries has been scarce in the last seven days, replacing the type of oil. Attention also to the new signs of weakness in the US economy still in the midst of the coronavirus. The country's manufacturing purchasing managers' index (PMI) dropped to 58.5 in the first half of February, from 59.2 in January.
This text was translated by machine from Brazilian Portuguese.