The global oil market experienced a subtle shift on Friday, November 1, 2024. Brent crude for January delivery inched up by 0.40% to $73.10 per barrel. Similarly, West Texas Intermediate (WTI) for December delivery rose by 0.33% to $69.49 per barrel. Despite these modest gains, both benchmarks recorded significant weekly losses. Brent crude fell by […]
Related Posts
Brazil’s Financial Morning Call for October 4, 2024
Today’s economic agenda features several key events that could significantly impact Brazil’s financial markets and economic outlook. Brazil’s trade balance data for September will be released at 3:00 PM. This report is crucial as it provides insights into Brazil’s export and import performance, which can affect the country’s economic growth and currency valuation. Internationally, Mexico […]
Fueling Friction: Colombia’s Diesel Price Crisis
In 2018, Gustavo Petro transformed his electoral defeat into a call for activism, promising to lead protests from the streets rather than from the Senate. This marked a dramatic shift from his conservative predecessor, Iván Duque, and set the tone for Petro’s political approach—mobilizing public opinion against governmental decisions. Today, as Colombia’s president, Petro faces […]