The stock market opened the week strong, led by oil stocks like GAS, PLX, PVS, PVD, BSR, which saw increases of 10-15% in just two sessions, with some reaching their highest point this year due to escalating geopolitical tensions in the Middle East. Brent oil prices rose nearly 20% as U.S. crude inventories dropped and Fed interest rate cuts became more likely. SSI Research predicts average oil prices in 2025 to be between $70-75 per barrel, with better profit expectations for oil companies. BSR’s profit could increase by 73%, while PVD and PVS are expected to benefit from the Lô B project and rising production.
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