Oil And Iron Ore Exporting Companies, Such As Petrobras, Vale, And CSN, Benefit From Rising Prices. But How Long?

Written by Roberta Souza

Published on 07/01/2021 at 18:05

Updated on 07/01/2021 at 18:06

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With the Rise of Commodities – Oil, Iron Ore, Soybeans and More, Companies Like Petrobras and Vale Are Becoming Increasingly Valued

In the first week of the year, shares and prices of various types of commodities such as oil, coffee, soybeans, iron ore among others, are rising in the market. In the early trading sessions of this year, the Ibovespa was boosted by rising shares of the mining company Vale and Petrobras, which hold the largest share of the index.

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The Brazilian oil company has seen a 7% increase in its shares, while the mining company rose 9% during the week. This is due to the increase in the prices of raw materials traded in the global market.

Iron Ore

The price of iron ore, a raw material that boosted the performance of Vale and several steel mills, has accumulated a significant increase of 74% in 2020, but there are still no signs that it will begin to stabilize. The high demand from China is a key factor in this recovery.

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Oil

The good news for Petrobras is that OPEC has decided to limit oil supply in the next two months, which will pressure commodity prices. The direct result was that the price of Brent crude oil futures traded in London surged and was used as a reference by state-owned companies. The contract reached its highest level since February 2020.

Brent oil rose by US$ 0.76, or 1.47%, to US$ 52.56 per barrel, at 8:11 AM (Brasília time). US oil increased by US$ 0.47, or 0.97%, to US$ 48.99 per barrel.

The crisis caused by the pandemic led governments and central banks around the world to implement expansionary fiscal and monetary policies, respectively. The result is that commodities reflect globally, meaning prices rise after a sharp decline.

Oil And Iron Ore Exporting Companies, Such As Petrobras, Vale, And CSN, Benefit From Rising Prices. But How Long?

With the Rise of Commodities – Oil, Iron Ore, Soybeans and More, Companies Like Petrobras and Vale Are Becoming Increasingly Valued

Check Out:

Iron Ore

Oil

Gaddafi built the world’s largest artificial river under the Sahara — it’s 4,000 km of giant pipes that pump 40,000-year-old fossil water to entire cities in Libya.

Discovery in Africa scares even scientists: a study published on April 23 reveals that the crust in Turkana has become so thin that it could pave the way for the continent’s division and the emergence of an ocean in the future, in a gigantic geological transformation.

Japanese garbage collectors treat filthy trucks as if they were dealership cars, and the obsession with cleanliness is so absurd that they invented a washing machine that only exists for this type of vehicle.

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In 1991, Brazil’s GDP was almost double India’s, and today it is little more than half: while India grew 6.5% per year and trained engineers, Brazil preferred to train lawyers, and now it is rushing to strengthen ties with the world’s fourth-largest economy.

India built a 21.8-kilometer sea bridge to connect Mumbai to Navi Mumbai, and a journey of up to 120 minutes fell to about 20.

South America’s most famous oasis has an emerald lagoon formed by underground waters in the Peruvian desert. It is located 300 km from Lima, is surrounded by giant dunes, and holds a mysterious mermaid legend.

In 2026, a container ship on the Oslo-Hamburg route will abandon diesel and use fertilizer as fuel: the Yara Eyde ushers in the era of green ammonia in maritime transport.

In just 5,660 kilometers of pipes crossing 13 countries, Africa is building the largest pipeline in its history — and the final destination is Europe.

Powering ChatGPT and the world’s data centers in 2026 will require more than 1,000 TWh of electricity — equivalent to Japan’s entire consumption.

Tuapse enters a state of emergency after an attack on an oil refinery, with a warning not to drink tap water, keep windows closed, and face severe environmental impact in southern Russia.

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Oil And Iron Ore Exporting Companies, Such As Petrobras, Vale, And CSN, Benefit From Rising Prices. But How Long?

With the Rise of Commodities – Oil, Iron Ore, Soybeans and More, Companies Like Petrobras and Vale Are Becoming Increasingly Valued

Check Out:

Iron Ore

Oil

Gaddafi built the world’s largest artificial river under the Sahara — it’s 4,000 km of giant pipes that pump 40,000-year-old fossil water to entire cities in Libya.

Discovery in Africa scares even scientists: a study published on April 23 reveals that the crust in Turkana has become so thin that it could pave the way for the continent’s division and the emergence of an ocean in the future, in a gigantic geological transformation.

Japanese garbage collectors treat filthy trucks as if they were dealership cars, and the obsession with cleanliness is so absurd that they invented a washing machine that only exists for this type of vehicle.

Seen from high in the stratosphere, a Lego Star Devourers rose to 34,988 meters attached to a balloon, returned to Earth intact, and entered the Guinness World Records in a record that seems like science fiction.

In 1991, Brazil’s GDP was almost double India’s, and today it is little more than half: while India grew 6.5% per year and trained engineers, Brazil preferred to train lawyers, and now it is rushing to strengthen ties with the world’s fourth-largest economy.

India built a 21.8-kilometer sea bridge to connect Mumbai to Navi Mumbai, and a journey of up to 120 minutes fell to about 20.

South America’s most famous oasis has an emerald lagoon formed by underground waters in the Peruvian desert. It is located 300 km from Lima, is surrounded by giant dunes, and holds a mysterious mermaid legend.

In just 5,660 kilometers of pipes crossing 13 countries, Africa is building the largest pipeline in its history — and the final destination is Europe.

Tuapse enters a state of emergency after an attack on an oil refinery, with a warning not to drink tap water, keep windows closed, and face severe environmental impact in southern Russia.

Petrobrás expands oil and gas production by 16.4% in early 2026, driven by the pre-salt, new platforms, and operational advancements that reinforce accelerated growth in the Brazilian energy sector.

Petrobrás breaks historical record and produces 3.23 million barrels per day in early 2026, driven by the pre-salt, new platforms, and operational advancements that reinforce its leadership in the energy sector.

The first 100% Brazilian aviation fuel came from soybeans: SAF Petrobras delivered 3,000 m³ at Galeão and is preparing R$ 17.5 billion to dominate the world market by 2027.

In 2026, a container ship on the Oslo-Hamburg route will abandon diesel and use fertilizer as fuel: the Yara Eyde ushers in the era of green ammonia in maritime transport.

In just 5,660 kilometers of pipes crossing 13 countries, Africa is building the largest pipeline in its history — and the final destination is Europe.

Powering ChatGPT and the world’s data centers in 2026 will require more than 1,000 TWh of electricity — equivalent to Japan’s entire consumption.

Tuapse enters a state of emergency after an attack on an oil refinery, with a warning not to drink tap water, keep windows closed, and face severe environmental impact in southern Russia.

Petrobrás expands oil and gas production by 16.4% in early 2026, driven by the pre-salt, new platforms, and operational advancements that reinforce accelerated growth in the Brazilian energy sector.