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Finance & Markets

Petrobras Earnings Disappoint Despite Oil, Refining Tailwinds

Brazil’s state-controlled oil producer earnings missed estimates in the third-quarter despite record oil and gas production and a favorable backdrop of high crude prices and strong refining margins.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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LCFE, FMDQ Partner to Strengthen Petroleum Liquids Market Infrastructure

The Lagos Commodities and Futures Exchange (LCFE) and FMDQ Clear Limited have entered into a strategic partnership to strengthen the clearing, settlement and risk-management infrastructure for…

  • LCFE and FMDQ form partnership to strengthen petroleum liquids market infrastructure
  • FMDQ Clear to act as Central Counterparty for clearing and settling transactions
  • Collaboration aims to enhance post-trade architecture with advanced technology and systems

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