At around 6:42 pm (Brasília time), this Thursday (21st), the WTI spot contract retreated 0.49% and was traded at US$ 53.05 / barrel on the New York Stock Exchange. The market continues to fear the growing supply of the United States amid uncertainties about the economic consequences of the continued spread of the coronavirus, contradicting vaccination expectations. The American Petroleum Institute (API, in English) announced yesterday (20) that the stocks of the commodity in the USA grew 2.562 million barrels in the week ended on January 14th. The Information and Energy Administration (EIA) will also update its shipment report today.
This text was translated by machine from Brazilian Portuguese.