Oil prices saw a notable increase due to a weakening dollar and rising tensions between Russia and Ukraine, underscoring the interconnectedness of global finance and geopolitical instability. WTI crude for May ascended 1.63% to $81.95 a barrel, and Brent for June went up 1.47% to $86.08, reflecting market sensitivity to supply risks and geopolitical conflicts. […]
Related Posts
Military Intervention in Guinea-Bissau’s Judicial Affairs
In Guinea-Bissau, a Portuguese-speaking West African country, a recent military operation has shaken the nation. The National Guard raided a police station in the capital. Their goal was to release Minister of Economy and Finance Suleimane Seidi and Secretary of State for the Treasury António Monteiro. Both officials were held on corruption allegations involving illegal […]
Petrobras and the Dividend Dilemma: Leadership in Limbo
President Luiz Inácio Lula da Silva’s administration is reportedly on the verge of making a significant change at the helm of Petrobras, Brazil’s state-controlled oil giant. The buzz around Brasília is that Jean Paul Prates, the current CEO, is slated for replacement. Rumors suggest Lula will soon confirm these whispers, marking a pivotal turn in […]