O preço do barril de petróleo está quase chegando aos US$ 100,00

The Price of a Barrel of Oil Is Almost Reaching $100.00

Written by Paulo Nogueira

Published on 16/05/2018 at 10:18

Updated on 16/05/2018 at 10:30

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This Was the Value We Used to Have Before the Crisis. The Market Thinks That Oil Prices Will Reach This Average in the Coming Months

Oil is rising again, with investors already expecting US$ 80 per barrel this month. Brent crude, the international benchmark, rose nearly US$ 1 per barrel on Tuesday (05/15) to US$ 79.22, the highest price since November 2014, amid signs of a tighter oil market. The U.S. West Texas Intermediate, meanwhile, added 68 cents to $71.64 per barrel. Supply cuts led by OPEC and Russia coincided with a decline in production and exports from Venezuela due to economic and political crises and sanctions on Iran.

Venezuela’s crude oil exports, according to Kpler tanks, are on the brink of collapse, with numbers showing production below 1 million barrels per day at historic lows, external oil sales from Venezuela have fallen 40% compared to the previous year. The country’s energy situation is also bleak, as creditors of PDVSA, the state-owned oil company threatened with extinction, attempt to seize assets abroad.

A decline in Iranian oil supply is also expected with the new round of U.S. sanctions, launched now under the Trump administration, following the country’s withdrawal from the nuclear deal. And to top it off, Saudi Arabia is producing less oil than at any time since the production cut agreement took effect in early 2017.

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The Price of a Barrel of Oil Is Almost Reaching $100.00

This Was the Value We Used to Have Before the Crisis. The Market Thinks That Oil Prices Will Reach This Average in the Coming Months

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Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

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The Price of a Barrel of Oil Is Almost Reaching $100.00

This Was the Value We Used to Have Before the Crisis. The Market Thinks That Oil Prices Will Reach This Average in the Coming Months

The end of Nokia: the brand that was the cellphone of an entire generation has ended its smartphones, left Brazil, and today survives only in basic phones in India while seeking a new partner.

Cambodia has started digging a nearly 180-kilometer canal to connect the Mekong River directly to the sea and reduce its dependence on the ports of neighboring Vietnam.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

China has put millions of electric cars on the roads, but now faces the side effect: more than 1 million tons of batteries are expected to go out of use per year by 2030, while the government expands tracking and combats illegal dismantling with environmental risks.

An Indonesian fisherman pulls a mysterious object from the sea and discovers that it is a Chinese underwater monitoring system, part of the so-called Underwater Great Wall that Beijing uses to track submarines and unmanned vehicles in strategic straits of the region.

Nissan Frontier Attack 2026 hides under its darkened appearance a 2.3 biturbo engine, 4×4 traction, and multilink suspension that make the entry-level version seem much more expensive.

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The “dock ship” that purposely sinks to swallow superyachts like toys: Yacht Servant is 214 meters long, 46 meters wide, has a 6,380 m² deck, and uses float-on/float-off operation to transform maritime luxury into a semi-submersible parking lot.

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Another market will take the place of Carrefour and the arrival of a new brand promises to stir up the retail scene with a model that combines wholesale, supermarket, and full services.

What made China look at Brazilian deforestation-free meat, transform sustainable soy into a valuable piece of this new green race, and place traceable foods at the center of premium consumption?

Nissan Frontier Attack 2026 hides under its darkened appearance a 2.3 biturbo engine, 4×4 traction, and multilink suspension that make the entry-level version seem much more expensive.

Nissan Frontier Attack 2026 hides under its darkened appearance a 2.3 biturbo engine, 4×4 traction, and multilink suspension that make the entry-level version seem much more expensive.

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