At 9:10 am (Brasilia time) this Tuesday (12), the June contract of WTI crude oil showed a significant increase of 3.58% in New York Mercantile Exchange (Nymex), quoted at US$101.58/barrel. The July contract for the Brent It advanced 3.36% in Intercontinental Exchange (ICE), trading at US$107.69/barrel.
In the last trading session (11)WTI crude oil rose 0.64% to $95.42 per barrel, while Brent crude advanced 1.23% to $101.29 per barrel.
This morning, fuel prices were driven up by the impasse between the United States and the Iran in the definition of ceasefire agreement definitive in Middle EastAccording to sources close to the matter, both countries rejected each other's negotiation proposals.
The day before, the US president, Donald TrumpHe stated that the current truce is "incredibly fragile" and harshly criticized the counterproposal. Tehran to end the conflict in the region. According to the president, the letter sent by the ayatollahs' administration says nothing about ending the nuclear weapons project.
As reported by the agency AxiosThe president is considering resuming military action against Iran.
The CEO of Saudi Aramco, Amin Nasser, warned that disruptions in oil exports by Strait of Hormuz This could delay the return to market stability until 2027, with an estimated loss of 100 million barrels of fuel per week.
On the radar, the market is awaiting the meeting between Trump and his Chinese counterpart. Xi Jinping, marked in Beijing for Thursday (14) and Friday (15).
This text was translated by machine from Brazilian Portuguese.