(Image: Reuters/Stringer/Archivo)
The price of oil began the day over 3% on Friday (20), but lost strength during the day after the United States paralyze involvement in the conflict of Middle East.
Around 3:30 pm (Brasília time), the most liquid contracts in the Brentinternational price reference, retreated 2.33%, the $ 77.01 the barrel at the intercontinental Exchange (Ice), in London.
The contract of WTIreference in the US market, for July rose 0.46%, the $ 73.84 the barrel in the New York Mercantil Exchange (Nymex), in the US.
In accumulated the week Brent rose 2.5% and WTI advanced 3%.
The volatility of commodity It reflects the biggest concern of markets with the scale of tensions in the Middle East, along with a relief that the US may not enter the play.
The White House signaled that the president Donald Trump It will decide within two weeks if the US will support Israel in the ongoing conflict.
In addition to one of the largest oil producers, Iran also controls the Strait of Ormuz, through which about 25% of all global product production.
That is, a conflict in the region hinders supply to other countries.
Israel launched its air war, the largest ever held against Iran on Friday, after saying that I was about Iran was about to develop a nuclear weapon.
Iran denies the search for nuclear weapons and pointed to its right to nuclear technology for peaceful purposes, including enrichment as part of the non-nuclear non-village treaty.
Source: Moneytimes
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