The July contract of WTI crude oil negotiated in New York Mercantile Exchange (Nymex) closed this Thursday (28) with a slight increase of 0.25%, quoted at US$ 88.90/barrel. The August contract for Brent fell 0.62% in Intercontinental Exchange (ICE)The price of crude oil, trading at US$93.71/barrel, saw mixed results in energy commodity prices amid news that the United States and Iran had reached an agreement to extend the ceasefire in the Middle East. According to Axios and Reuters, the two countries have reached an agreement, and final approval depends on US President Donald Trump. Regarding domestic market data, the… Energy Information Administration (EIA) The US report indicated that crude oil inventories fell by 3.327 million barrels in the week ending May 22, to 441.7 million barrels, compared to market projections of a 3.8 million barrel drop. Gasoline and petroleum distillate inventories in the US also decreased.
This text was translated by machine from Brazilian Portuguese.