At 8:40 am (Brasília time) this Tuesday (23), the August contract of WTI crude oil recorded a slight increase of 0.16% in New York Mercantile Exchange (Nymex), quoted at US$73.98/barrel. The contract for the same month for the Brent It showed an advance of 0.18% in Intercontinental Exchange (ICE), trading at US$78.04/barrel.
In the last trading session (22), WTI fell 2.62%, to US$ 73.86/barrel, while Brent closed down 3.31%, quoted at US$ 77.90/barrel.
This morning, fuel prices were driven by a technical adjustment in positions, motivated by the robust losses recorded in previous sessions.
However, gains were limited by the resumption of trade through the Strait of Hormuz, while negotiations between the United States and Iran continue. The Washington government granted Tehran a 60-day exemption from sanctions imposed during the hostilities, allowing the Persian country to resume trading crude oil and petrochemical products during that period.
According to navigation data from the Persian Gulf, tankers loaded with oil and liquefied natural gas (LNG) sailed through the Strait of Hormuz the previous day, signaling that the flow should gradually recover.
This text was translated by machine from Brazilian Portuguese.