Oil prices closed lower on Tuesday in the international market.

The July contract of WTI crude oil negotiated in New York Mercantile Exchange (Nymex) It ended this Tuesday (19) with a slight drop of 0.22%, quoted at US$ 104.15/barrel. The expiry of the same month of Brent recorded a moderate decline of 0.73% in Intercontinental Exchange (ICE)The price of crude oil, trading at US$111.28/barrel, was met with strong gains in the market. Investors reacted optimistically to US President Donald Trump's decision to suspend a planned attack against Iran, allowing negotiations to continue to end the war in the Middle East. However, further losses were limited by a Wall Street Journal report that the US had seized an Iranian-linked oil tanker in the Indian Ocean and that mediators were seeing little progress in the negotiations. Trump recently reiterated that new military action could occur by early next week if no agreement is reached with Iran. Also on the radar was the White House's decision to extend the sanctions waiver for 30 days, allowing "energy-vulnerable" countries to continue purchasing Russian seaborne oil.

This text was translated by machine from Brazilian Portuguese.