Oil closed higher on the international market this Thursday.

The May contract of WTI crude oil negotiated in New York Mercantile Exchange (Nymex) It ended this Thursday (9) with a significant increase of 3.66%, quoted at US$ 97.87/barrel. The June contract for the Brent rose 1.23% in Intercontinental Exchange (ICE)Oil, trading at US$95.92/barrel. In this trading session, energy commodity prices closed in positive territory again due to doubts about the durability of the two-week ceasefire in the Middle East between the United States and Iran, which increased concerns about the continuation of restrictions on energy flow through the Strait of Hormuz. On the other hand, the feeling of geopolitical risk decreased, in part, after Israeli Prime Minister Benjamin Netanyahu stated that he had instructed Israel to begin peace negotiations with Lebanon, which would also include the disarmament of Hezbollah.

This text was translated by machine from Brazilian Portuguese.