Oil closed with a moderate drop in the international market this Friday.

The August contract of WTI crude oil negotiated in New York Mercantile Exchange (Nymex) closed this Friday (10) with a moderate drop of 0.93%, quoted at US$ 71.41/barrel. The September contract of Brent It fell 0.38% in Intercontinental Exchange (ICE), trading at US$76.01/barrel. On the other hand, during the week, the contracts accumulated gains of 3.82% and 5.39%, respectively. 

In this trading session, fuel prices were pressured by the statement from US President Donald Trump that the US government and Iran had agreed to continue peace negotiations.

However, the drop in prices was limited by Trump's statement that Tehran had been informed "in no uncertain terms" that the ceasefire between the countries was over.

In response, the speaker of the Iranian parliament, Mohammad Bagher Ghalibaf, stated that the conflict between the parties "will never end with the surrender" of the Persian country, declaring that the nation is ready for military combat.

This text was translated by machine from Brazilian Portuguese.