LatAm Pre-Open: Regional Rebound Leaves Petrobras Behind as Crude Cracks a Second Time
LatAm Pre-Open May 21: a near-universal regional rebound lifts the Ibovespa 1.8%, but Petrobras breaks alone as crude cracks for...
May 21, 2026Topic
crude oil
Oil Hits $79 as US Sanctions Russian Energy Sector
Crude oil reaches three-month high at $79.76 as US announces major sanctions against Russia's oil industry. Coverage and analysis from...
January 10, 2025
Brazilian trade balance exceeds US$60 billion in 2021
Reaping the rewards of a positive impact of the appreciation of the U.S. dollar against the Brazilian real, the Brazilian...
December 28, 2021
Oil production in Brazil in April rises 4.6% over March
Compared to March, the volumes represented a 4.6% increase in oil production and a 4.2% growth in natural gas production....
June 1, 2021
Driven by ore, Brazil’s exports to China grow 36% by April
The Asian country is now the destination of 34% of Brazilian products, the highest level on record and more than...
May 24, 2021
Mexico’s Pemex reports fourth-quarter profit of over US$6 billion
Mexico’s state oil company Petroleos Mexicanos (Pemex) reported on Friday, February 26th, a fourth-quarter 2020 net profit of 124.28 billion...
February 26, 2021
Colombia’s Ecopetrol 2020 net profit falls 87.3%
Colombia’s majority state-run oil company, Ecopetrol, on Tuesday reported its 2020 net profit fell 87.3% to 1.69 trillion pesos (US$470.1...
February 24, 2021
Hedge Funds Bet on Oil’s ‘big Comeback’ After Pandemic Hobbles Producers
Hedge funds are turning bullish on oil once again, betting the pandemic and investors’ environmental focus has severely damaged companies’...
February 7, 2021
Top Five China Commodities to Eye for Growth in 2021
RIO DE JANEIRO, BRAZIL - (Reuters) A China-led economic recovery should boost demand for these commodities in 2021 after COVID-19...
December 29, 2020