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Brazil totaled a surplus of R$ 888 million (US$ 179.26 million) from electricity sales to neighboring countries, which helped President Luiz Inácio Lula da Silva's administration ease the burden on Brazilian consumers, Agencia Brasil reported.
Brazil exported 844 average megawatts of electricity to Argentina and Uruguay in 2023, the largest volume in the country’s history, which helps reduce the financial impact on Brazilian consumers.
The slowdown comes even as output cuts from OPEC+ have supported prices, giving an incentive for non-OPEC+ producers to pump more
Exxon is in the middle of a push to unlock $25 billion in cash flow by 2027. That should pay for more stock buybacks.
Notice anything about the price at the pump? It’s down a good bit, right? Oil now below $70 bucks a barrel.A few thoughts here:1) Now would be a good time to refill the SPR.2) With oil at the s...