Analysts anticipate a positive first quarter in 2024 for junior oil companies, despite ongoing volatility. The rising price of Brent crude oil, spurred by escalating Middle East conflicts, has buoyed the sector’s performance. PRIO (PRIO3), 3R Petroleum (RRRP3), and PetroRecôncavo (RECV3) will release financial results soon, offering a snapshot of this volatile yet promising environment. […]
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