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2 results for “brazil oil price”

Global Oil Prices Hit $110 as Geopolitical Supply Risks Mount
Markets• 2h ago

Global Oil Prices Hit $110 as Geopolitical Supply Risks Mount

Brent crude surged to $110 amid Middle East and Ukraine conflicts, boosting margins for deepwater producers like Brazil's state-backed Petrobras.

Oil Nearing $100 Creates Double-Edged Sword for Brazil's Economy and Petrobras
PROMarkets• Sep 07

Oil Nearing $100 Creates Double-Edged Sword for Brazil's Economy and Petrobras

Global oil's surge toward $100/barrel delivers a fiscal windfall to Brazil and Petrobras but threatens to reignite domestic inflation.