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March 8, 2015

The Oil Price Has Dropped – So What?

March 8, 2015 // 0 Comments

The truth is that we are now back at pretty much the same price oil was at ten years ago. The problem is not so much the price but the rate of drop. If the price had fallen [...]

Out of Capital Markets, Petrobras Debts Soar

March 8, 2015 // 0 Comments

Delayed financial statements and the loss of investment grade closed the door of the capital markets for the state-run oil major, forced to rely on its cash reserves to pay [...]