You prices of oil They closed without a clear direction in the international market this Wednesday (18). On the one hand, the May contract of WTI negotiated in New York Mercantile Exchange (Nymex) It ended stable with a downward bias (-0.07%) quoted at US$ 95.46/barrel. Conversely, the contract for the same month… Brent advanced 3.83% in Intercontinental Exchange (ICE), trading at US$107.38/barrel.
Weighing on the prices, the Energy Information Administration (EIA) It was announced that the United States oil inventories Oil production rose by 6.156 million barrels in the week ending March 13, to 449.3 million barrels. The market had projected a decrease of 1.5 million barrels.
Furthermore, the US vice president, JD VanceHe said that the country's government is aware that gasoline prices have risen and that Washington will announce measures to respond to the price increases within the next 24 to 48 hours.
As reported by ReutersThe Trump administration plans to remove some regulations on gasoline during the American summer to control prices.
However, prices continue to be impacted by the ongoing war in Middle East, which is in its 19th day with no prospects for a de-escalation. According to The Wall Street JournalIsrael attacked Iran's largest gas processing facility, located in Bushehr province.
In response, the government of Tehran threatened to bomb oil facilities in Saudi Arabia, us United Arab Emirates and in QatarThe Persian administration also confirmed that the country's intelligence minister, Esmail KhatibHe was killed in an Israeli attack in the early hours of the morning.
This text was translated by machine from Brazilian Portuguese.