JPMorgan expects a more favorable foreign capital flow to Brazil’s B3 Exchange in November. Despite recent sluggish foreign investments, Pedro Martins Junior of JPMorgan believes this trend could improve. He attributes the low interest mainly to global factors, such as rising U.S. interest rates. Martins Junior explains that $22 billion left emerging market funds in […]
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Petrobras Hits 96.8% Refinery Utilization: Sets New Industry Benchmark
Petrobras, Brazil’s oil giant, has achieved remarkable milestones in its refinery operations. The company’s recent accomplishments showcase its commitment to innovation and efficiency. These achievements have significant implications for Brazil’s energy sector and Petrobras’ global competitiveness. In September 2024, Petrobras’ Refinery Utilization Factor (FUT) reached an impressive 96.8%, the highest monthly result for the year. […]
