At 8:51 am (Brasilia time) this Thursday (2), the August contract of WTI crude oil recorded a sharp drop of 1.92% in New York Mercantile Exchange (Nymex), quoted at US$ 67.26/barrel. The September contract for Brent It fell 1.62% in Intercontinental Exchange (ICE), traded at US$70.41/barrel. For the week so far, assets have fallen 2.85% and 3.02%, respectively. On the previous day (1st), the WTI It fell 1.32%, to US$68.50/barrel, and the Brent The price of soybeans fell 1.89% to US$71.57/barrel. This morning, the market reacted positively to the conclusion of the round of indirect negotiations between the United States and Iran, mediated by Qatar. According to sources cited by Reuters, representatives of the two countries spent two days in Doha discussing issues considered central to a definitive agreement, such as the resumption of maritime traffic through the Strait of Hormuz and the unblocking of Iranian financial assets. According to the Qatari Ministry of Foreign Affairs, a new round of negotiations is expected to take place after the funeral ceremonies for Iran's Supreme Leader, Ayatollah Ali Khamenei, scheduled for July 9. Another factor monitored by the market was Nigeria's entry as an associate member of the… International Energy Agency (IEA)With this accession, Africa's largest oil producer joins the organization that represents more than 80% of global energy demand. However, losses were partially limited by continued tensions between Russia and Ukraine. According to the Ukrainian General Staff, Ukrainian forces attacked the Lukoil-Nizhegorodnefteorgsintez refinery, located in the Russian region of Nizhny Novgorod, maintaining concerns about possible disruptions in fuel supply.
This text was translated by machine from Brazilian Portuguese.