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Express News | Brazil's national oil company will receive approximately 2.2 billion Brazilian reals in taxes.
Norway's DOF Group Wins New Vessel Contracts in Brazil
Norwegian offshore/subsea vessel operator DOF Group (DOFG.OL) said Friday it secured multiple contract awards for its vessels from Brazil's Petrobras and a first-tier EPCI-SURF contractor.Petrobras
Express News | Trump: Will significantly increase oil production after elected to reduce inflation.
Lenovo (00992) won the $95 million Brazilian oil HPC contract.
Lenovo has won the contract to provide new HPC technology to Petrobras.
Crude Oil Could Be Next – TDS
The notable declines in commodity demand expectations continue to threaten the energy complex although CTAs still hold substantial ammunition to deploy on the offer, TDS senior commodity strategist Daniel Ghali note.
Citi warns: there is a risk of oil prices surging to $100!
Jpmorgan expects that oil prices may soar to $100 in the next year due to the lack of incentive for producers to increase production.