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Goh: Long Mideast Conflict Hit Crude Product Prices

Oil took a breather after a six-day gain, as traders await signs of progress on reopening the Strait of Hormuz and the resumption of pre-war flows of oil and gas. The price reprieve comes as the International Energy Agency says the global oil market faces a shortfall of 1.8 million barrels a day this quarter, double an earlier projection. June Goh, Senior Oil Market Analyst at Sparta Commodities…

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KOSPI Up 3.56% Thursday

KOSPI Up 3.56% Thursday

[Economy] : The benchmark Korea Composite Stock Price Index spiked 234-point-three points, or three-point-56 percent, on Thursday to close at six-thousand-813-point-34.

Brazil’s Q2 Earnings Turn Red at MRV, CSN and Americanas

Brazil · Earnings Key Facts MRV loss MRV&CO posted a net loss of R$626.3 million (about US$121 million) in Q2 2026, a 22.7% smaller loss than a year earlier.

  • MRV reported R$626.3 million (US$121 million) net loss due to US$110 million impairment.
  • CSN posted R$773 million (US$149 million) net loss despite higher revenue.
  • Americanas reported R$274 million (US$53 million) net loss due to declining same-store sales.

SLC Agrícola Profit Jumps 75% to R$245 Million (US$45 Million) as Crop Prices Climb

SLC Agrícola earned R$245.1 million (about US$45 million) in the second quarter of 2026, up 75.3% from a year earlier. Higher prices for cotton, soybeans and corn met a record volume of farm sales…

  • SLC Agrícola profit jumps 75% to R$245 million (US$45 million) in Q2 2026
  • Record 806.1 thousand tons of farm produce sold, 14.4% increase from previous year
  • Cotton prices and volume significantly boosted profit, central to earnings