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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (2433)2/11/2024 9:32:57 AM
From: Julius Wong  Respond to of 2504
 
Luxembourg stocks

I like Corporacion America Airports SA (CAAP)

Corporacion America Airports SA engages in the acquisition, development, and management of airport concessionaires.




To: E_K_S who wrote (2433)2/15/2024 12:41:03 AM
From: elmatador1 Recommendation

Recommended By
Lance Bredvold

  Respond to of 2504
 
Oil Production, Chinese Buying Buoys Brazil Crude Exports 19%
According to the International Energy Agency (IEA), Brazil’s oil production reached 3.49 million barrels per day (mbpd) in 2023, up from 3.12 mbpd the year before. Crude tanker exports increased from 1.35 mbpd in 2022 to 1.61 mbpd in 2023, and the country’s share of crude tanker exports thereby grew from 3.5% to 4.1% in 2022 and 2023 respectively.

“Brazil’s crude tanker exports to China grew 55% year-on-year from 0.41 mbpd in 2022 to 0.64 mbpd in 2023, accounting for 88% of the increase in Brazil’s crude tanker exports overall. The increased buying from Brazil also contributed nearly 30% of the 12% increase in Chinese crude tanker imports in 2023,” says Rasmussen.

The IEA expects Brazil’s oil production to increase by 0.24 mbpd in 2024. As refinery capacity and refinery runs are expected to remain static, we expect that the country’s crude tanker exports could grow by up to 15% in 2024.

marinelink.com