Key Facts
WTI settled higher, rising to a fraction of a percent as traders shelved hopes for a quick end to the Strait of Hormuz supply disruption.
The USO fund advanced, closing with an increase of more than one percent as foreign investors priced in the tighter margin environment.
Petrobras shares surged, gaining nearly two percent as investors digested record Q2 profits driven by the prolific pre-salt Búzios and Tupi fields.
In contrast, YPF declined, slipping more than one percent as the market paused amid massive Vaca Muerta execution and capital expenditure plans.
