On a surprising day in the financial markets, May 29, oil prices initially climbed, riding the momentum from earlier gains. However, the tides turned by the day’s end, with prices taking a dip as the U.S. dollar gained strength. This intriguing fluctuation came just as the world was eyeing an important OPEC+ meeting, sparking speculation […]
Related Posts

Fox News AI Newsletter: Musk’s AI prediction
IN TODAY’S NEWSLETTER: – Elon Musk expects AI will replace all human jobs, lead to ‘universal high income’– FCC’s proposal to regulate AI in political ads is misguided, commissioner says– Indian military ramps up AI capabilities in effort to keep up with regional powers SHOW ME THE MONEY: Billionaire entrepreneur Elon Musk reiterated his stance […]
Regulatory Tug-of-War: Petrobras’ Amazon Oil Dreams on Hold
In Brazil’s Equatorial Margin, Petrobras encounters a critical moment in its pursuit of oil reserves. The National Petroleum Agency (ANP) has suspended deadlines for Petrobras’ contract in the Foz do Amazonas block, following the company’s request to protect its area rights. The story began in 2013 when Petrobras acquired rights to explore Block 59, located […]
Brazil’s Acting President Offers Aid to Cyclone-Hit Cities
Acting President Geraldo Alckmin pledges funds to affected towns in Rio Grande do Sul. The government will give R$800 per person hit by the recent cyclone. The funds come from the Ministry of Social Development to aid homeless families. Minister Wellington Dias said towns must submit lists of affected people. The number of towns getting […]