5 key Reasons to invest in Brazil

Brazil is an open and diversified economy with a wide array of opportunities across multiple productive sectors. For many investors, considering growing a business in a market as vast and dynamic as Brazil is an exciting prospect. This is why the Government of Brazil is making a concerted effort to help support international investors [...]

By | 2017-10-17T11:23:11+00:00 September 22nd, 2017|News|0 Comments

Brazil rejects bid to drill for oil near unique Amazon reef

The company still has another chance to send additional documentation as requested by Ibama. “This will be the third and last time that the Agency is willing to allow Total to provide adequate information about the environmental impact of the project. If Total does not adequately address the outstanding requests from the technical [...]

By | 2017-10-17T11:21:08+00:00 September 6th, 2017|Economy, News|0 Comments

Petrobras Suffers Growing Pains in Brazil’s Freed Oil Investing Market

Brazil's Fuel Market Zema, a 94 year-old retailer of toys and appliances in Brazil’s interior, has become an unlikely thorn in the side of state-controlled oil behemoth Petroleo Brasileiro SA. This year Zema, which also runs gas stations, got its first fuel import license and joined a fast-growing group of new players that managed [...]

By | 2017-10-16T18:29:53+00:00 September 4th, 2017|Economy, News|0 Comments

Venezuelan Bonds Get Harder to Trade Thanks to Sanctions

U.S. sanctions imposed on Venezuela last week put limits on new debt from the country. But the Treasury Department’s move is having broader consequences in the bond market, where brokers taking a cautious stance are limiting trades in existing notes. Depository Trust Company, a custodian for more than $35 trillion of securities, temporarily put [...]

By | 2017-09-11T14:33:03+00:00 September 4th, 2017|Economy, News|0 Comments

Nigerian Forcados crude export terminal could restart in few weeks: oil minister

* Contradicts NDPC’s statement repairs will be completed by end-June * Current production 1.9 mil-2 mil b/d Nigeria’s major oil export terminal, Forcados, which has been the casualty of militant attacks, could restart in a matter of weeks, oil minister Emmanuel Kachikwu said Wednesday. But this contradicts recent statements from Nigerian Petroleum Development Company, which [...]

By | 2017-06-13T13:02:19+00:00 June 13th, 2017|News|0 Comments

Citi’s U.S. economic surprise index hits three-year high

Citi Research’s barometer on U.S. economic data surprises rose to its highest level in more than three years following a batch of stronger-than-forecast reports on retail sales, consumer prices and regional business activity. The Citi gauge .CESIUSD, a measure of economic data that was weaker or stronger than forecast and which traders monitor for the [...]

By | 2017-06-13T14:14:14+00:00 June 13th, 2017|News|0 Comments

Analysis: Asian buying of Atlantic Basin crudes spikes on aligning factors

* Narrow Brent/Dubai EFS increases attractiveness of Brent-related crudes * Freight rates soften on key routes * Chinese buying up, increased teapot refinery demand Buying of Atlantic Basin crudes by Asian buyers — particularly in China — has spiked since the beginning of 2017 on a confluence of factors that include the OPEC production cuts [...]

By | 2017-06-13T12:56:25+00:00 June 13th, 2017|News|0 Comments