The Energy Information Administration (EIA(For its English abbreviation) I mentioned that Crude stocks On United State He suffered the biggest weekly decline since February, recording a decrease of 5,889,000 barrels, a drop that exceeded the estimates of those he consulted. Bloomberg Expecting 2 million and 889 thousand barrels.
The decline in storage is the third in a row reported by the office, as it decreased by 10.29 million barrels petroleum, Which is interpreted as a sign of an increase in consumption America, the largest buyer of Fuel In the world.
do not miss: Slowing economic growth in Europe by 2021; IMF cuts forecast from 4.7% to 4.5%
Prices Raw Listed companies in Europe and the United States jumped after the data was published, rising more than 4%. The BrentIt operates in Souq London, The price records $ 66.12, up $ 2.45, similar to 3.85%. Meanwhile, the West Texas Intermediate (West Texas Intermediate) That are being traded New York Its value rose 4.17%, or $ 2.51, to $ 62.69 a barrel.
In addition, the Hydrocarbon Statistics Bureau noted an increase in the capacity of the Revision An additional 7,000 barrels per day, which will be the sixth week that increases and adds a total of 5.15 million barrels per day in that time period, giving an additional boost to Market Energetic.
In this decline in stocks at United State The review was added to the increment provided by today International Energy Agency (OUCH) In terms of global consumption of irritable.
Read more: Dollar prolongs weakness due to US inflation; Weight can have problems
In your monthly report on The oil market, The OUCH It is estimated that in 2021 an average of 96.7 million barrels petroleum Per day, which is 230 thousand barrels per day, more than was expected last March.
The agency justifies this correction due to the new economic prospects introduced at the start of the month by International Monetary Fund (International Monetary Fund), Which is expected to increase in Gross Domestic Production (Start) Global 6% in 2021 and 4.4% in 2022.
In 2020 there was a historic decline of 8.7 million barrels per day globally, but this year 5.7 million barrels per day will be consumed.
DiscoverInvestors turn to Bitcoin. The new cap represents at 64,676 dollars
While the The oil market Shows signs of recovery, and members Organization of the Petroleum Exporting Countries (OPECAnd its partners continue to restrict their production, although they agreed to gradually increase it from May by an additional 2.1 million barrels per day between that month and July..
The cuts implemented by this group, which are close to eight million barrels per day during the first quarter, reduced the reserves created around the world due to pandemic.
With information from EFE and Reuters.