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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oil prices
ECB to implement measures if inflation continues to rise in the region
The current scenario in the energy sector, with high prices and shortages, has led the European Central Bank to take a more serious stance regarding possible measures if inflation in the region continues to rise.
Currently, there is…
Incentives and exports will help economic growth
Ángel Alvarado, economist and member of the Venezuelan Finance Observatory, stressed that the incentives that are being granted to the market, together with oil prices rise and the increase in the number of exports that are being developed,…
Oil prices fall due to OPEC+ uncertainty
Oil price registered a depreciation at the close of the day on July 15 due to the possibility that the OPEC+ alliance agreed to an increase in supply and after knowing an increase in gasoline reserves in the United States, which causes…