Oil prices fell more than 2% on the international market this Friday.

The June contract of WTI crude oil negotiated in New York Mercantile Exchange (Nymex) It ended this Friday (1st) with a significant drop of 2.98%, quoted at US$ 101.94/barrel. The July contract for the Brent fell 2.02% in Intercontinental Exchange (ICE), trading at US$108.17/barrel. On the other hand, for the week, the fuel accumulated gains of 7.99% and 9.12%, respectively. 

In this trading session, prices were pressured after the Iranian news agency, Irna, reported that the Persian government had sent Pakistan its latest negotiation proposal with the United States.

Iranian Foreign Ministry spokesman Esmaeil Baghaei stated that ending the war and establishing a lasting peace in the region remain the top priorities in negotiations between the parties. 

However, losses were limited after US President Donald Trump declared he was not happy with Iran following phone conversations with the country's leaders. 

The main point of contention in the negotiations is the Iranian nuclear program, which is defended by the Persian country and opposed by the US. 

This text was translated by machine from Brazilian Portuguese.