Opposition activists handcuffed themselves to a pillar in Brazil’s Congress on Wednesday seeking the impeachment of President Dilma Rousseff for mismanaging a once-booming economy and
Brazil’s real is no longer the world’s most-volatile currency. As the exchange rate slumped Wednesday, its three-month implied volatility, a measure of expectations for future price
Oil majors had big plans for Brazil, but you can’t tell by looking at the country’s offshore drilling these days. After crude was first struck
The decline in international oil prices handed Petroleos Mexicanos its biggest quarterly loss in company history. Pemex, as the Mexican state-owned oil producer is known,
By Walter Brandimarte Oct 28 (Reuters) – Fitch Ratings on Wednesday expressed concern about Brazil’s deteriorating fiscal accounts after the government said it will post
Statoil ASA, Norway’s biggest oil company, stepped up cuts in its investments and delayed projects after third-quarter earnings missed forecasts amid a collapse in crude prices.