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Brazil Is Oil Market Wildcard After Near-Million-Barrel Plunge

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Brazil’s rebound from a stunning collapse in oil production promises to complicate OPEC efforts to micromanage global supplies and prices.

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Oil price news: Oil fluctuates ahead of U.S. market outlook reports, Fed decisionOil fluctuated ahead of key market outlook reports and tomorrow’s interest-rate decision from the Federal Reserve.
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Oil price news: Oil steady before U.S. market outlook and Wednesday's Fed decisionOil held the biggest jump since March ahead of market outlook reports and as the Organization of the Petroleum Exporting Countries maintained a forecast for strengthening demand.
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Oil price news: Oil steady after OPEC+ signals plan to return barrels to marketOil was little changed after OPEC+ set out a plan to restore some production as early as October, despite concerns over the demand outlook and robust supply from outside of the group.
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Petrobras new chief sworn in as market worries Brazil's government will have heavier handRIO DE JANEIRO (AP) — The head of Brazil’s state-run oil giant Petrobras, Magda Chambriard, was sworn in Wednesday amid market concerns of increased...
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