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Oil Price - Brazil Plans to Use $3.5-Billion Oil Fund to Bolster Economy

07-03-2025 03:00

President Lula da Silva is seeking to utilize Brazil's $3.5 billion social fund, generated from oil and gas revenues, to stimulate the economy amidst record-low approval ratings.

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EU gas prices go down – Danske Bank

European natural gas prices have been on decline recently and fell to the lowest level since last October yesterday below EUR40/MWh, Danske Bank's FX analyst Kirstine Kundby-Nielsen reports.

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The Harbour Energy share price sinks 11.5% in a day. Can it recover?

Despite the oil and gas giant reporting a 65% increase in 2024 revenues, the Harbour Energy share price fell sharply. What’s going on?

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Saudi Arabia cuts oil prices to Asia for first time in three months

Saudi Arabia, the world's top oil exporter, on Friday lowered crude oil prices for Asian buyers in April for the first time in three months, in line with market expectations and after OPEC+ agreed to ...

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Oil Prices Set for Solid Weekly Loss on Tariffs and Ample Supply

Oil prices experienced a substantial loss, the largest since October, due to U.S. tariffs on Canada and Mexico, signals of comfortable supply levels, and OPEC+'s planned production cut rollback.

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