Beijing to Unveil South America Investments China Premier Li Keqiang to discuss Brazil railway, other infrastructure projects on visit this week China’s premier is expected to sign agreements for joint research into the feasibility of building a cross-Andes rail link across Brazil’s agricultural belt to Peru’s Pacific coast. Shown, ron ore is transported by rail... Continue Reading →

Oil Investors Take a Closer Look at Production A spotlight has landed on a previously overlooked metric as oil traders drill deeper for clues on price movement. By NICOLE FRIEDMAN/WSJ May 17, 2015 7:09 p.m. ET A spotlight has landed on a previously overlooked metric as oil traders drill deeper forclues on price movement. More... Continue Reading →

http://www.ft.com/cms/s/0/2df94184-fb2c-11e4-9aed-00144feab7de.html#ixzz3aTxkAyQ3 May 17, 2015 4:59 pm Saudi turns to China as oil exports to US drop David Sheppard and Anjli Raval in London/FT ©Bloomberg Saudi Arabia’s oil exports to the US have fallen to the lowest level since the financial crisis, showing the impact of the shale boom and fast-growing imports from Canada. The US has bought... Continue Reading →

Maersk Takes Procurement to the Cloud The global shipping and oil business is e-sourcing most of its purchasing and using a software ‘optimizer’ to analyze the buying The Maersk group’s e-sourcing initiative has a goal of sourcing some $2 billion in procurement through a software ‘optimizer.’ PHOTO:EUROPEAN PRESSPHOTO AGENCY By STEVE NORTON/WSJ May 15, 2015 4:42... Continue Reading →

http://www.ft.com/cms/s/0/d29bca14-fb62-11e4-9fe6-00144feab7de.html#ixzz3aI2I9nSA May 16, 2015 1:49 am Oil price plunge boosts Petrobras Samantha Pearson in São Paulo/FT ©Getty Petrobras, the oil producer engulfed in Brazil’s biggest corruption scandal, has delivered rare good news for investors after plunging global oil prices slashed the company’s import costs. The Rio de Janeiro-based company reported net profit of R$5.33bn ($1.78bn) for... Continue Reading →

Rousseff Said to Study Brazil Budget Freeze With Cabinet Sunday by Carla Simoes/Bloomberg 4:37 PM BRT May 15, 2015 Brazilian President Dilma Rousseff is scheduled to meet with cabinet members on Sunday to discuss how much spending to freeze from this year’s budget, a person close to the government’s economic team said. The gathering comes... Continue Reading →

http://www.ft.com/cms/s/0/cf03ef60-fad8-11e4-84f3-00144feab7de.html#ixzz3aEwAPdNV May 15, 2015 1:59 pm Hedge funds loom large in oil price moves David Sheppard and Neil Hume/FT A floating production vessel heads for the Sapinhoa oilfield in Brazil's Santos Basin Forget the interplay between supply and demand. When it comes to oil prices, hedge funds and speculators are exerting an uncommonly large influence, say... Continue Reading →

Are markets too bearish on Brazil’s currency? Mark Schaltuper, BMI Research | May 15 17:26 /FT Brazil’s economy – as beyondbrics readers know – is in serious trouble, and the unorthodox policies of the country’s embattled president, Dilma Rousseff, have been major contributors to the Brazilian real’s sharp depreciation. But as an analyst who has a long-held... Continue Reading →