Saudi Arabia announced on Thursday that it will extend the country’s reduction in oil production by 1 million barrels per day until September. The country had already cut local production in July and does not rule out extending the cut period, according to Saudi Arabia’s state news agency, “Spa.” The decision was made unilaterally by […]
Related Posts
Economic Forecasts Shift: Analysts Revise Selic Rate Projections Upward
The latest Focus Report from Brazil’s Central Bank reveals a nuanced economic outlook for the coming years. Analysts have maintained their projections for inflation and GDP growth in 2024. However, they have revised their estimates for the basic interest rate upward. The IPCA inflation forecast for 2024 remains steady at 4.37%, halting a ten-week streak […]
