Oil prices rose 3% in international markets, with WTI trading above $100 a barrel.

At 8:50 am (Brasília time) this Wednesday (29), the June contract of WTI crude oil showed a significant increase of 3.09% in New York Mercantile Exchange (Nymex), quoted at US$103.00/barrel. The July contract for the Brent It advanced 3.02% in Intercontinental Exchange (ICE), trading at US$114.62/barrel. So far this week, futures have accumulated gains of 9.36% and 8.83%, respectively. 

On the eve (28), WTI rose 3.69%, to US$ 99.93/barrel, and Brent appreciated 2.79%, to US$ 111.26/barrel.

This morning, fuel prices are being driven up after the The Wall Street Journal to inform that the president of United States, Donald TrumpHe ordered his advisors to prepare for a prolonged blockade of the ports of IranThe measure would be intended to put pressure on the Persian country's economy and energy exports.

The market fears that this decision will cause… Tehran keep the Strait of Hormuz Closed. A National Petroleum Company of Abu Dhabi notified some customers that it would be possible to load two types of crude oil outside of Persian Gulf next month, according to sources close to Reuters.

In the US, the American Petroleum Institute (API) The API reported that U.S. crude oil inventories fell by 1.790 million barrels last week. The API data is considered a preview of the official figures. Energy Information Agency (EIA), which will be released today.

This text was translated by machine from Brazilian Portuguese.