INSUBCONTINENT EXCLUSIVE:
Brazilian energy firms Brava Energia and Petrobras faced precipitous stock declines this week as global oil prices collapsed under
escalating U.S.-China trade tensions and OPEC+ supply shifts.Brent crude plummeted 8% to $68.52 per barrel by April 4, erasing $6.50 in two
imports, effective April 10, amplified fears of a global trade war stifling oil demand
OPEC+ compounded pressures by announcing a 411,000-barrel daily production increase starting May, reversing earlier supply cuts.Goldman
Sachs slashed its December Brent forecast to $66, citing weakened demand projections
Analysts note the dual shock of geopolitical friction and oversupply risks destabilizing emerging markets reliant on energy exports.In
The junior producer reported a R$1.03 billion Q4 2024 net loss after output dropped 38% to 39,300 barrels daily.Oil Market Turmoil Triggers
Historic Plunge in Brazilian Energy Stocks
index fell 2.1% Friday, mirroring losses in Asian and European energy equities
figures, dates, and corporate statements derive from verified exchange data and official filings
No speculative claims or unnamed sources are included in this account.
