Oil prices ended their downward trend, responding to decreased inventories in the United States and ongoing conflicts in the Middle East. The market saw an uptick as concerns about global supply resurfaced. Brent crude, the international benchmark, closed 0.31% higher at $74.45 per barrel. West Texas Intermediate (WTI) rose by 0.240%, reaching $70.67 per barrel. […]
Related Posts
Week’s Highlights: Petrobras Earnings & U.S. Payroll
From March 4th to 8th, the economic scene spans Brazil and the U.S. In Brazil, the focus is on Petrobras’ fourth-quarter results, due Thursday, In the U.S., the spotlight shifts to the payroll report on Friday, March 8th, offering insights into February’s labor market. Why are these announcements crucial? Petrobras holds the second spot in […]
Mexico Eyes Return to G77+China Group
Mexico aims to rejoin the G77+China group, the largest coalition of developing nations within the UN framework, to participate in global discussions. Alicia Barcena, the Foreign Minister, made this known at a Global South summit in Havana. The meeting focused on science, tech, and new ideas. Barcena says Mexico aims to shape a better world. […]