The Swiss banking group Julius Baer has released an analysis of the oil market, projecting a supply surplus until 2025. This forecast comes despite ongoing geopolitical tensions and fluctuating market sentiments. The financial institution, known for its commodity market assessments, has taken a neutral stance on oil prices. Julius Baer’s analysis suggests that supply will […]
Related Posts
Opinion: The State of the Union Address: America’s Political Theater
(Opinion) The State of the Union, where the President shares priorities, stands as a highlight of the U.S. legislative calendar, blending politics with pageantry. From Rashida Tlaib’s tearful Gaza moments to George Santos’ lighter instances, reactions range from applause to silence or booing. This year’s focus was on Gaza, prompting President Joe Biden to call […]
Steady Production and Pre-Salt Focus Mark Petrobras Q3 Performance
In the third quarter of 2024, Petrobras, Brazil’s state-owned oil giant, reported a total production of 2.689 million barrels of oil equivalent per day (boed). This figure remains consistent with both the previous quarter and the same period in 2023. The company’s performance reflects its ability to navigate the complex energy market. Petrobras achieved a […]
Santander Brazil’s Surge in Investor Confidence
Santander leads the dynamic banking sector, attracting renewed interest from analysts and investors after a strong start to the year. Initially, Bradesco BBI dramatically shifted its recommendation from sell to buy. Soon after, Bank of America (BofA) also upgraded its advice from neutral to buy, raising the stock’s target from R$32 ($6.27) to R$36 ($7.06). […]