Breaking News: Brazil's Oil Output to Normalize in Two Weeks After Ibama Strike, Says IBP President Roberto Ardenghy
In a recent update, IBP president Roberto Ardenghy announced that Brazil's oil output, which has been reduced by 120,000 barrels per day due to a strike at environmental agency Ibama, is expected to normalize in two weeks. This comes after workers reached a deal this week to end their mobilization.
The strike at Ibama, which approves oil licenses, has been impacting oil production in Latin America's largest economy. However, with the agreement signed between a union and the government on Monday, the situation is expected to improve soon.
This development is crucial for investors and financial markets, as it could potentially affect oil prices and investments in the region. Stay tuned for further updates on this developing story.
Analysis:
- Brazil's oil output has been significantly affected by the strike at Ibama, leading to a reduction of 120,000 barrels per day.
- The agreement reached between workers and the government is expected to normalize oil production in two weeks.
- This news could impact oil prices and investments in the region, making it important for investors to stay informed.