Oil closes lower after signs of a deal between the US and Iran.

The May contract of WTI crude oil negotiated in New York Mercantile Exchange (Nymex) It ended this Tuesday (31) with a sharp drop of 1.46%, quoted at US$ 101.38/barrel. The June contract for the Brent fell 3.18% in Intercontinental Exchange (ICE)The price of crude oil, trading at US$103.97/barrel, fell. On the other hand, the energy commodity contract on the Nymex accumulated gains of 52% in the month, the biggest jump since May 2020. The futures contract traded on the ICE appreciated 42.68% in March, a level not seen in almost 30 years. In this trading session, oil prices were pressured after the president of… Iran, Masoud Pezeshkian, to declare that the country is not interested in prolonging the war against the United States and Israel…and that he is willing to end the military dispute, provided there are guarantees against further aggression. Earlier, the The Wall Street Journal He reported that the US president, Donald TrumpHe told his advisors that he was also ready to end the war in Middle Easteven if the Strait of Hormuz remain closed. However, the Iranian Revolutionary Guard Corps (IRGC) threatened big US tech companies in the region of Persian Gulf, like the Google and the GoalThe country's army targeted industries related to Siemens, AT&T and telecommunications centers in Israel.

This text was translated by machine from Brazilian Portuguese.