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1 – 10 of 28These difficulties have arisen despite the sharp rise in oil output to nearly 143 million barrels last year, from which the government received some USD1.6bn in revenues. Oil…
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DOI: 10.1108/OXAN-DB286685
ISSN: 2633-304X
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The new pricing policy replaces the previous import parity price applied since 2016 and may attenuate the impact of international price volatility on the domestic market. The new…
BRAZIL: Petrobras probes will shake political process
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DOI: 10.1108/OXAN-ES199402
ISSN: 2633-304X
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MEXICO: Pemex euro-bond may not fund investment
State-controlled oil company Petrobras's CEO, Maria das Gracas Foster, and five senior executives resigned on February 4 in the wake of the so called 'Carwash' corruption…
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DOI: 10.1108/OXAN-DB198107
ISSN: 2633-304X
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This is close to the ceiling of the target band of 2.25-5.25% set for this year. In response, the Central Bank last week raised its benchmark interest rate from a record low of…
VENEZUELA: Oil price hits PDVSA outlook
The Assembly meeting followed the suspension on October 20 of the signature collection process required for initiating a recall referendum against Maduro that was due to take…
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DOI: 10.1108/OXAN-DB214463
ISSN: 2633-304X
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President Jair Bolsonaro on February 19 announced the change on Twitter. There was major market turmoil, as investors interpreted it as a sign that Bolsonaro was abandoning the…
MEXICO: Pemex will face numerous obstacles