Últimos desdobramentos - coronavírus, mercado mundial de petróleo e a situação da Petrobras

Latest Developments – Coronavirus, Global Oil Market, and Petrobras Situation

Written by Roberta Souza

Published on 10/03/2020 at 11:26

Be the first to react!

Latest Events And News About The Coronavirus, Petrobras, And Events In The Global Oil Market

With each passing day, there is a different update. With the break of dawn comes the insecurity of hard times for the global economy, especially involving the oil market and the coronavirus. In Brazil, Petrobras is suffering from the repercussions of the associates.

In Brazil, the new crisis regarding the price of a barrel of oil is calling into question Petrobras’ decision to focus its business on exploration and production. By concentrating efforts solely on oil, the state-owned company seems to become vulnerable to price fluctuations of the product. An article published by Petronotícias states that, according to geologist and member of the Petrobras Engineers Association (Aepet), Luciano Chagas, if barrel prices remain around US$ 31, the company’s revenue will worsen due to lower selling prices of the input.

In the global oil and gas market, the price of a barrel of oil shows a reaction after last Monday’s chaos, when there was a drop of about 30% in barrel prices. The price of WTI is up about 8% compared to the previous day. Meanwhile, Brent is up 9%, worth around US$ 37. The recovery brings some relief to the market, but it is still far from repairing all the financial damage recorded yesterday.

The price war between Saudi Arabia and Russia has triggered a crisis that seems far from over. The CEO of state-owned Saudi Aramco, Amin Nasser, stated today that the company will increase its supply to 12.3 million barrels per day in April for clients inside and outside the country. Russia has also indicated that its fields can increase production by up to 300,000 barrels per day in the short term.

The coronavirus is a reality, global oil supplies are increasing, and the market will have to adjust!

Latest Developments – Coronavirus, Global Oil Market, and Petrobras Situation

Latest Events And News About The Coronavirus, Petrobras, And Events In The Global Oil Market

See Also:

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Astronomers discover black hole wind traveling at 323 million km/h, a speed equivalent to 30% of the speed of light and considered a record.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

While scientists test giant balls on the seabed, a startup wants to sink concrete and steel tanks held by cages filled with stones up to 700 meters deep to transform compressed air into an invisible underwater battery.

Former NASA engineer transforms drones into “seed helicopters” capable of firing 300 balls per minute, targeting degraded areas with half-meter precision, and planting up to 40 million trees per year in a new race for aerial reforestation.

The La Galerie Nortis, a real estate launch by developers Cyrela and Nortis in Moema, São Paulo, arrives with apartments featuring 4 suites ranging from 283 to 416 square meters, an estimated gross development value of R$ 765 million, and the proposal to redefine the high standard in the region.

Brazil deploys drones to scatter seeds on nearly inaccessible slopes and attempts to transform degraded hills into forests with aerial planting up to 100 times faster, in a green offensive launched in Rio de Janeiro.

Latest Developments – Coronavirus, Global Oil Market, and Petrobras Situation

Latest Events And News About The Coronavirus, Petrobras, And Events In The Global Oil Market

See Also:

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Astronomers discover black hole wind traveling at 323 million km/h, a speed equivalent to 30% of the speed of light and considered a record.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

Louvre sees $102 million worth of jewels disappear in daring heist, and now the crime that shocked Paris will hit the screens

The claw machine may seem like a shopping mall game, but a man who started from scratch has 1,000 of them spread across Brazil and earns R$ 800,000 per month while the claw holds the entire business together.

INSS Consigned Loans: Bank to Refund Amounts After STJ Nullifies Loans Made by Illiterate Person at ATM and Decides That Password, Chip Card, and Even Use of Money Do Not Validate Contracts

Amazon wants to use the World Cup to sell more than on Black Friday in Brazil, with a 7-day Prime Day, 9,000 temporary positions, 300 logistics hubs, free shipping, and a distribution center capable of processing 10,000 packages per hour.

BYD will invest R$ 510 million in batteries for the Brazilian power grid, aims to reach 50% local content by 2027, and targets becoming the best-selling automaker in Brazil by 2030.

While scientists test giant balls on the seabed, a startup wants to sink concrete and steel tanks held by cages filled with stones up to 700 meters deep to transform compressed air into an invisible underwater battery.

Former NASA engineer transforms drones into “seed helicopters” capable of firing 300 balls per minute, targeting degraded areas with half-meter precision, and planting up to 40 million trees per year in a new race for aerial reforestation.

The La Galerie Nortis, a real estate launch by developers Cyrela and Nortis in Moema, São Paulo, arrives with apartments featuring 4 suites ranging from 283 to 416 square meters, an estimated gross development value of R$ 765 million, and the proposal to redefine the high standard in the region.

Brazil deploys drones to scatter seeds on nearly inaccessible slopes and attempts to transform degraded hills into forests with aerial planting up to 100 times faster, in a green offensive launched in Rio de Janeiro.