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2 results for “Brent crude oil

Oil Price Surge Near $90 Per Barrel Puts Brazil’s Interest Rate Cuts on Hold
MarketsAug 12

Oil Price Surge Near $90 Per Barrel Puts Brazil’s Interest Rate Cuts on Hold

A surge in Brent crude prices is raising inflation fears in Brazil, forcing the Central Bank to pause or slow its Selic rate cutting cycle.

Oil Plunge Unwinds War Premium, Sending Petrobras (PETR4) Down 1.72%
MarketsJul 27

Oil Plunge Unwinds War Premium, Sending Petrobras (PETR4) Down 1.72%

Petrobras stock falls as Brent crude plunges nearly 7% following a US-Iran truce, pressuring valuations.