Oil prices fell slightly on Tuesday morning.

At 9:15 am (Brasilia time) this Tuesday (21), the May contract of WTI crude oil showed a slight decrease of 0.35% in New York Mercantile Exchange (Nymex), quoted at US$ 89.30/barrel. The June contract for the Brent It fell 0.10% in Intercontinental Exchange (ICE), traded at US$ 95.40/barrel. The day before (20), the WTI jumped 6.87% in Nymex, at US$ 89.61/barrel, and the Brent advanced 5.64% in ICE, at US$ 95.48/barrel. This morning, the following were being discussed. expectations that peace negotiations between the United States and Iran may occur later this week and result in an extension of the current ceasefire or a final agreement between the parties. However, the lack of certainty about Iranian participation in the meeting prevented more significant losses.

According to Reuters, no decision It had also been taken by Tehran. Yesterday, Iran's Foreign Minister Abbas Araqchi said that the "continued ceasefire violations" by the US represented an obstacle to further negotiations.

Also on the radar is information that Russian firefighters are battling a fire in… Tuapse portin the Black Sea, following a Ukrainian drone strike early this morning. Tuapse, one of the main ports in southern Russia, is a center for the export of petroleum products and is home to an important refinery belonging to… Rosneft. 

At the end of the day, the American Petroleum Institute (API) will release data on the country's inventories for the past week. The numbers are considered a preview of the data from Energy Information Administration (EIA), which will leave tomorrow (22).

This text was translated by machine from Brazilian Portuguese.