Auren, a beacon in renewable energy, unveiled a notable 10% surge in first-quarter profits, reaching R$ 253.6 million ($49.7 million). This uplift was fueled by rising energy prices, a direct consequence of the scant rainfall impacting Brazil’s energy scene. In such an environment, Auren’s savvy trading strategies capitalized on market volatility. The company’s EBITDA witnessed […]
Related Posts

France, Brazil, Argentina and Colombia seek a solution to the political crisis in Venezuela
The Presidents of France, Colombia, Brazil, and Argentina are slated to meet on Monday with negotiators from Venezuela’s government and opposition, with the objective of discovering a route out of the country’s political impasse. This meeting, scheduled on the sidelines of a summit in Brussels, is aimed at identifying “sustainable solutions” for regional crises, including […]

Venezuela and Qatar pledge to strengthen their cooperative relations
Venezuela and Qatar have pledged to strengthen their cooperative and friendly relations, as established in a meeting held in Caracas between Venezuelan Foreign Minister, Yván Gil, and the Qatari Ambassador to Venezuela, Rashid Mohsin Fetais. Gil stated the dialogue’s goal was to bolster bilateral ties. In May, the Venezuelan government acknowledged the 50th anniversary of […]
Unexpected Drop in US Oil Stocks Defies Analyst Predictions
The US oil market witnessed a surprising shift last week. Crude oil inventories decreased by 2.19 million barrels, according to the Department of Energy (DoE). This decline contradicted analysts’ expectations of a 1.9 million barrel increase. The unexpected reduction brought US oil stocks to 420.55 million barrels. Gasoline inventories also fell by 2.20 million barrels, […]