Oil prices rose again on the international market this Thursday.

At 10:28 am (Brasilia time) this Thursday (9), the May contract of WTI crude oil recorded a significant increase of 5.60% in New York Mercantile Exchange (Nymex), quoted at US$ 99.70/barrel. The June contract for the Brent It advanced 3.467% in Intercontinental Exchange (ICE), traded at US$ 98.03/barrel. In the partial week, the fuel accumulates losses of 10.64% and 10.10%, respectively. In the last trading session (8), the energy commodity closed with a significant drop of 16.4% in Nymex, at US$ 94.41/barrel, and 13.3% in ICEThe price of oil is at US$94.75/barrel. This morning, the resumption of the price increase is occurring amid doubts about the fragility of the truce in the Middle East and its impact on the flow of oil through the Strait of Hormuz. Market participants believe there is still no clarity about the effects of the negotiations between the United States and Iran, which keeps the… geopolitical risk premium in prices. Furthermore, new Israeli attacks in Lebanon have increased the perception of instability in the region, jeopardizing the continuation of the ceasefire. Tracking data indicates that, in the last 24 hours, only a tanker for petroleum products and five grain carriers They crossed the Strait of Hormuz, signaling that traffic remains restricted, with carriers still cautious.

This text was translated by machine from Brazilian Portuguese.