Oil prices rose more than 2% this morning.

At 8:30 am (Brasilia time) this Wednesday (3), the July contract of WTI crude oil recorded a significant increase of 2.13% in New York Mercantile Exchange (Nymex), quoted at US$ 95.70/barrel. The August contract for Brent It advanced 2.11% in Intercontinental Exchange (ICE), trading at US$ 98.03/barrel. 

In the last trading session (2), WTI advanced 1.74%, to US$ 93.76/barrel, and Brent advanced 1.07%, to US$ 96/barrel. 

This morning, fuel prices were driven up by the recent escalation of tensions in Middle EastDuring the night, the Iran launched ballistic missiles against the Kuwait and Bahrain.

In response, the United States They carried out attacks on the island. Qeshm, controlled by the administration of Tehran.

Meanwhile, the American Petroleum Institute (API) The API announced yesterday that US inventories fell by 6.75 million barrels last week. The API figures are considered a preview of the official data. Energy Information Administration (EIA), which will be released today.

This text was translated by machine from Brazilian Portuguese.