At 8:36 am (Brasilia time) this Thursday (6), the September contract of WTI crude oil recorded a moderate increase of 0.82% in New York Mercantile Exchange (Nymex), quoted at US$75.84/barrel. The October contract for the Brent It was advancing 0.99% in Intercontinental Exchange (ICE), traded at US$ 80.24/barrel. On the other hand, in the partial week, the fuel accumulates losses of 10.43% and 8.75%, respectively. In the last trading session (5), WTI fell 0.73%, to US$ 75.22/barrel. On the other hand, Brent recorded an increase of 0.11%, to US$ 79.45/barrel. This morning, fuel prices were driven up amid market fears about geopolitical risks in the Persian Gulf region. According to sources close to Reuters, Iran warned countries in the region that any new attack by the United States would trigger retaliation against critical energy infrastructure throughout the area. In addition, an oil refinery in Yaroslavl, Russia, reported a large fire after an attack by Ukrainian drones. Limiting further gains, Iran and Oman reached an agreement yesterday on the geographical coordinates of a new shipping route through the Strait of Hormuz."This was announced by Iranian Foreign Ministry spokesman Esmaeil Baghaei. According to him, a joint statement between the two countries is in its final stages of preparation. Baghaei stated that the negotiations between Tehran and Muscat were conducted in a 'professional' manner and remain ongoing, culminating in a consensus on the geographical parameters of the proposed route."
This text was translated by machine from Brazilian Portuguese.