High oil prices complicate the economic scenario in Brazil and in the world

The barrel of Brent oil, a reference in the Brazilian and international market, is reaching the highest price since 2012, when sanctions were imposed on Iran. Oil opened this Tuesday (31) over $120 and, if you consider closing quotes, it will be the highest 10-year commodity quote.

The stimulus in China and the consensus of European leaders on the Russian oil embargo put pressure on the world’s oil supply, stoking fears of further global inflation and overshadowing expectations that it has reached a peak.

A survey obtained by CNN shows that 96% of private pension funds, which are those allocated to fixed income, have been earning less than 100% of the CDI rate for 10 years.

Presented by Thais Herédia and Priscila Yasbek, the CNN Money presents a balance of news issues that influence markets, finances and the direction of society and the dynamics of power in Brazil and in the world.

Listen to the previous episode:

Episode 05/30 – Eletrobras enters the final stretch for capitalization; is it worth investing?

Source: CNN Brasil

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