Oil prices rose more than 2% this Monday morning.

At 8:16 am (Brasilia time) this Monday (11), the June contract of WTI crude oil showed a significant increase of 2.66% in New York Mercantile Exchange (Nymex), quoted at US$ 97.96/barrel. The July contract for the Brent It advanced 2.59% in Intercontinental Exchange (ICE), trading at US$103.91/barrel. 

In the last trading session (8)WTI crude oil gained 0.64%, closing at $95.42 per barrel, and Brent crude advanced 1.23%, closing at $101.29 per barrel. However, for the week, futures contracts accumulated losses of 6.39% and 6.36%, respectively. 

This morning, fuel prices were driven up by the market's reaction to the president's statement. United States, Donald Trump, that the answer from Iran for the peace proposal It is completely rejected. 

The administration of Tehran He requested an end to all bombings in the country and in Lebanon, place where Israel fight against militants of Hezbollah, a group supported by the Iranian ayatollahs. Furthermore, compensation for the damages caused by the conflict and Iran's absolute sovereignty over the territory were also included. Strait of Hormuz. 

“Totally unacceptable,” Trump wrote in a social media post. The market awaits a new statement from the president after his… trip to Beijing, scheduled for this Wednesday (13). A meeting between the Republican and the Chinese president is planned, Xi Jinping.

This text was translated by machine from Brazilian Portuguese.