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Sources say Brazil plans to keep its crude oil export tax in place for another two months.

2026-07-17

Sources say Brazil plans to keep its crude oil export tax in place for another two months.

Other News
2026-07-17

Swissquote analyst Ipek Ozkardeskaya said Taiwan Semiconductor’s upward revision to capex expectations may have sparked market concern and contributed to the recent tech-sector sell-off. She noted TSMC’s Q2 profit reached a record but the stock did n

Swissquote analyst Ipek Ozkardeskaya said Taiwan Semiconductor’s upward revision to capex expectations may have sparked market concern and contributed to the recent tech-sector sell-off. She noted TSMC’s Q2 profit reached a record but the stock did not rally, implying investors see chip valuations as rich. Ozkardeskaya warned investors are increasingly uneasy about overcapacity risk and large-scale AI buildouts even as tech firms keep spending. Upcoming US mega-cap earnings next week could ease weak sentiment, but signs Alphabet and peers are further increasing infrastructure spend may add downside pressure on sector stocks.
2026-07-17

Brent crude oil fell below $83 per barrel, down 1.33% on the day. WTI crude oil fell more than 1.00% on the day, currently trading at $78.66 per barrel.

Brent crude oil fell below $83 per barrel, down 1.33% on the day. WTI crude oil fell more than 1.00% on the day, currently trading at $78.66 per barrel.
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