Petrobras: 4 wells in the Amazon River mouth will cost R$3.3 billion
New offshore well investment could add future crude oil supply capacity in Brazil.
Source →The trace
How it reaches your house.
Starting from Petróleos del Perú (Petroperú), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Petróleos del Perú (Petroperú) →supply upIf Petrobras’s offshore discovery eventually translates into more Brazilian crude output, petroleum-derived fuels could become somewhat more available, but the find is still preliminary and Petroperú’s exposure here is modest and fairly substitutable.
29% confidenceEquinor (Norway Marine Fuels) →Prices easePetrobras’ Foz do Amazonas work points to possible future Brazilian crude supply growth, and this small, easily substitutable marine-fuel input could see mild price pressure lower over time.
28% confidenceHop 2
Marine Diesel and Bunker Fuel →supply upMarine diesel and bunker fuel is a critical input to fishing activity, so greater availability should raise seafood and fish output.
66% confidenceMarine Diesel and Bunker Fuel →Stands to benefitWorld Kinect Corporation (World Fuel Services)WKC
With a 12% market share and only about a one-month replacement lag, more marine fuel availability should benefit this bunker-fuel supplier.
61% confidenceMarine Diesel and Bunker Fuel →Stands to benefit
Where it lands
What you buy, and what you own.
Goods you buy
Seafood and fish
Companies you may own
WKCPeninsula Petroleum Ltd.Equinor (Norway Marine Fuels)
Tap a company to see what it told the SEC could break it.
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