Oil is trading moderately higher this Monday morning in the international market.

At 8:54 am (Brasilia time) this Monday (27), the June contract of WTI crude oil showed a moderate increase of 0.70% in New York Mercantile Exchange (Nymex), quoted at US$ 95.10/barrel. The contract for the same month for the Brent It advanced 1.04% in Intercontinental Exchange (ICE), trading at US$ 106.43/barrel. 

On the eve (24), WTI closed down 1.51% on the Nymex, at US$ 94.40/barrel, and Brent retreated 0.22% on the ICE, to US$ 99.13/barrel. On the other hand, for the week, futures accumulated gains of 12% and 13%, respectively.

This morning, prices are being driven by the market's lack of prospects regarding progress on the agreement. ceasefire among the United States and the Iran, after the authorities failed to appear at the meeting in Pakistan. 

The US president, Donald TrumpHe stated that Iranian authorities could "call if they wanted to negotiate" an end to the conflict. Strait of Hormuz It remains partially closed.

This text was translated by machine from Brazilian Portuguese.