A. M. 
This tuesday morning, the price of Brent oil, a key international reference, was quoted at US$102.24 per barrel, registering an increase of 2.03% compared to the previous close, which had been US$100.17 per barrel. This rise marks a new level in a market that has shown strong volatility in recent weeks.
In the weekly comparison, Brent has risen more than 16% in the last seven days and more than 52% in the last month, evidencing sustained bullish momentum. During the session, prices fluctuated between US$101.44 and US$104.98 per barrel, with an approximate volume of 170 thousand contracts, reflecting high investor interest.
Factors driving the rise
Geopolitical tensions: Conflicts and risks in producing regions generate uncertainty about supply.
Production cuts: Some members of OPEC (Organization of Petroleum Exporting Countries) maintain reductions in extraction. OPEC is a group of producing countries that coordinates their oil policies to stabilize global prices and ensure fair income. Together with other large producers such as Russia, in what is known as OPEC+, it can limit the supply of crude oil and, therefore, boost prices.
Increase in demand: The economic recovery, especially in the US and China, increases fuel consumption.
Economic and financial impact
Consumers: High Brent prices tend to be passed on to gasoline and diesel, affecting transportation costs.
Inflation: Energy is a key component of price indices; a barrel above US$100 can put pressure on inflation.
Financial markets: Companies in the energy sector benefit, while fuel-intensive industries face higher costs.
Perspectives
Analysts and operators will be attentive to OPEC+ decisions, inventory reports and the evolution of demand in the US, as well as any geopolitical event that could alter supply or generate price volatility.
In summary, Brent begins the day with high levels, showing a global market with firm demand and limited supply, although values could adjust as the day progresses.
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