Petrobras has announced that the S-10 diesel production capacity of its subsidiary refinery’s hydrodesulfurization unit will be increased to 5,500 cubic meters per day. The company has officially approved the launch of the procurement bidding process for the hydrodesulfurization unit at the REPAR refinery. However, the official statement also clarifies that approving the launch of the competitive bidding process does not necessarily mean the project for constructing this unit will ultimately be
智通财经2026/08/24 18:46Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Deutsche Bank points out that as central banks in the US, Europe, and Japan are tightening policy simultaneously, the market may still be underpricing the eventual terminal rates. With oil prices remaining high, inflation may spill over into core inflation and wages. Moreover, financial conditions have not tightened in tandem, which could weaken the effect of rate hikes. Citing the experience of 2022, Deutsche Bank notes that the market then expected a total of around 200 basis points of Fed rate hikes in the first year, but the final figure exceeded 400 basis points, illustrating that the market often underestimates the terminal rate.