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December 30, 2024
The average price for 2024 has been very close to $80 per barrel of Brent, although with a downward trend throughout the year, largely due to more subdued economic activity in China and the gradual increase in supply from the main producers in the Americas.
July 29, 2024
This year has witnessed the convergence of several sources of uncertainty within the financial and commodity markets. These factors have caused high volatility in the price of oil, which has fluctuated, in the year to date, between 75.7 and 91.8 dollars per barrel of Brent.
May 6, 2024
Commodity prices are front and center in global economic discussions. The last two months have seen the cost of oil rise by around 10%, alongside significant volatility. This has a lot to do with the short-term chaos.
March 5, 2024
The production of liquid hydrocarbons in the fourth quarter of 2023 showed a quarterly decrement of 15.3 thousand barrels a day due to a reduction of 21.7 thousand barrels a day of Pemex’s crude oil production despite an increase of 7.0 thousand barrels a day of condensates.
February 26, 2024
The oil market remains at the center of the global spotlight. This has been the case for some months now due to the outbreak of the war between Israel and Hamas, a confrontation reminiscent of the most difficult moments of the oil market in the 1970s.
January 15, 2024
In 2023, the price of Brent crude averaged USD 82.5, falling from over USD 100 in 2022, driven by the war between Russia and Ukraine, although its trend over the past year has been somewhat erratic and dominated by a wide array of events.
October 17, 2022
At the height of the storm, we are seeing the world slowing down as inflation remains high, partly due to high commodity prices... a relentless bidding war between supply and demand from which neither will benefit.
April 4, 2022
With rising energy prices, which are driving up inflation and dragging down economic activity, policymakers are facing some difficult dilemmas. This is the case with fuel subsidies in Spain and similar measures in other European countries.
