Oil companies worldwide have reported substantial profits during the first quarter and first half of the year, with cautious expectations given the Middle East conflict.
Regional scenario: Latin America and the United States
Brazilian company Petrobras reported a daily average of 3.281 million…
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Middle East conflict
The Fed unanimously decided to keep rates in the 3.50 %–3.75 % range
The US Federal Reserve decided on June 17 to maintain interest rates at 3.50%–3.75%. The decision resulted from a unanimous vote by the FOMC.
According to the FOMC's statement, "productivity and capital investment remain strong, while job…
El Salvador to maintain gasoline and diesel prices until June 8
El Salvador will halt the increase in gasoline and diesel prices in three regions of the country until June 8, according to an announcement by the Directorate of Energy, Hydrocarbons, and Mines.
The reference fuel prices are: premium…
Panama addresses the impact of rising fuel prices due to the conflict in the Middle East
Felipe Chapman, Panama's Minister of Economy and Finance, assured last week that the country remains stable in the face of the Middle East crisis, which has generated a rise in oil prices, with consequences for the price of electricity,…
Middle East conflict accelerates relief measures in the energy sector
The Middle East conflict has repercussions at both the regional and global levels. The increase in oil prices has spread to the gas and fuel sectors, prompting the European Union to prepare contingency measures to minimize the effects on…
Oil, gas, and gold prices rise
Oil, gas, and gold prices showed a marked increase on Monday due to the impact of the Middle East conflict on the energy sector.
Regarding oil, on Monday, March 2, the price exceeded $80 per barrel. Disruptions to crude oil supply drove…