By June 6, the future price of light crude oil from New York Mercantile Exchange closed at 119.56 a barrel, increased by Approx.3.03 % from May 30.2022, The future price of crude oil from London Brent closed at $120.48 a barrel, increased by approx. 3.48% from May 30.2022.

By May 9,2022, the future price of light crude oil from New York Mercantile Exchange closed at 109.59 a barrel, increased by Approx. 10.24% from April 25. The future price of crude oil from London Brent closed at $112.32 a barrel, increased by approx. 8.75% from April 25.2022.

Petrobras announced a $16 billion revamp of the Campos Basin, offshore Brazil, which includes plans to introduce three new platforms and connect more than 100 oil RIGS to the area.The Brazilian state-owned oil and gas company will invest over the next five years. Petrobras says it will use new techn