May 7, 2025

Oil prices

Finance

Guyana Should Hedge Against Oil Price Slumps, Ex Finance Minister Says

Guyana’s government should consider hedging its oil production against the falling oil prices as its booming oil revenues are set to decline with the slump in oil prices, former Guyanese Minister of Finance, Winston Jordan, told Stabroek News in an interview published on Monday. Oil prices have slumped since early April as U.S. President Donald

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Investors

This is Why Investors Should Exercise Caution With Petrobras

Energy stocks have had a rough ride lately. With concerns mounting over a global recession, oil demand expectations are under pressure—and prices have reflected that sentiment. Among the sector’s big names, Petrobras PBR has fallen more than 12% year to date, underperforming ExxonMobil XOM and Shell‘s SHEL 7.1% and 4.6% decline, respectively. While the entire

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