At 8:31 am (Brasilia time) this Wednesday (5), the September contract of WTI crude oil It registered a slight increase of 0.41% in New York Mercantile Exchange (Nymex), quoted at US$76.08/barrel. The October contract for the Brent It advanced 1.26% in Intercontinental Exchange (ICE), trading at US$80.36/barrel. On the other hand, so far this week, the fuel has accumulated losses of 10.13% and 8.59%, respectively.
In the last trading session (4), WTI fell 5.69%, to US$ 75.77/barrel, while Brent recorded a decrease of 5.26%, to US$ 79.36/barrel.
This morning, fuel prices were driven up by investors' reaction to the Houthi attack on a Saudi-flagged oil tanker in the Red Sea.
Limiting further gains, the market continues to react to statements by US Treasury Secretary Scott Bessent that an agreement with Iran to reopen the Strait of Hormuz could be announced later today.
Furthermore, the American Petroleum Institute (API) The API announced yesterday that US inventories rose by 2.690 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.