The International Energy Agency (IEA) forecast larger oil demand in 2024 than previously projected in its monthly market report Thursday. This year, the agency projected, global oil demand is set to grow by about 1.24 million barrels per day, up from the 1.1 million it projected in December. Meanwhile, the IEA also predicted overall global supply will…
Brazil on Monday observed the anniversary of last year's uprising in the capital when thousands of supporters of former President Jair Bolsonaro invaded government buildings and called for a military intervention to remove President Luiz Inácio Lula da Silva from office. Several demonstrations in defense of democracy were taking place across the South American country, hours after Federal Police carried out dozens of search warrants as part of its ongoing investigation targeting those responsible for the mayhem. Prosecution plus a ban on Bolsonaro from running for office stands in contrast to the U.S., where Donald Trump is running again for president and has been dominating the campaign for the Republican nomination so far, even though he faces federal and state charges.