The May contract of WTI crude oil negotiated in New York Mercantile Exchange (Nymex) It ended this Tuesday (7) with a slight increase of 0.48%, quoted at US$ 112.95/barrel.
On the other hand, the June due date for the Brent It fell 0.45% in Intercontinental Exchange (ICE), trading at US$109.27/barrel.
In this trading session, fuel prices were affected amid the approaching deadline set by US President Donald Trump for Iran to agree to reopen the Strait of Hormuz and end the conflict in the Middle East.
During the afternoon, the president stated in a social media post that "an entire civilization will die tonight." In response, the Iranian Islamic Revolutionary Guard Corps (IRGC) He stated that it could damage energy infrastructure and prevent the region from producing oil and gas "for years".
According to Bloomberg, fuel production from Organization of the Petroleum Exporting Countries (OPEC) It fell 25% in March. Countries of Persian Gulf, like the Saudi ArabiaThey are the main producers in the cartel.
This text was translated by machine from Brazilian Portuguese.