The global oil market experienced a significant downturn as rumors circulated about OPEC+ planning to boost production in December. Saudi Arabia, the world’s largest oil exporter, reportedly abandoned its $100 per barrel price target to increase output. This news sent shockwaves through the industry, causing oil prices to tumble. Brent crude, the international benchmark, fell […]
Related Posts
Oil Climbs to $90 as Iranian Threats Intensify
Today marked a significant rebound in oil prices, with Brent crude hitting the $90 threshold. This surge was fueled by the increasing possibility of an Iranian assault on Israel, a situation that has gripped the global stage and overshadowed economic forecasts. The International Energy Agency (IEA), for instance, had anticipated a downturn in worldwide demand. […]
New Year, New Gains in Rio de Janeiro
Rio de Janeiro’s 2024 New Year’s Eve is poised to significantly boost the economy, injecting R$3 billion (around $621 million). This marks a substantial 15% increase from the previous year’s R$ 2.6 billion ($538 million). The City Hall’s “Réveillon in Data” study highlights this growth, placing the event right behind the famed Carnival in terms […]
Santa Catarina city reports most dengue-related deaths in Brazil in 2023
Joinville, the largest municipality in Santa Catarina, is the city in Brazil that has reported the highest number of dengue-related deaths in 2023. According to the latest data from the Ministry of Health, as of July 25th, there have been 33 fatalities from the disease in the city, which is located in the northern part […]