Mr. Oil

Fuel prices

Companies such as Petrobras (PBR), Occidental Petroleum Corporation (OXY), Fluor Corporation (FLR), Exxon Mobil Corp (XOM), are still alive and active in the market.

The economic reality shows us that oil and its derivatives continue to be the engine that drives economies, despite the inflationary cost.

As the price of fuel rises, demand for other goods and services will be priced upward; just as they hit the store windows or fuel tanks.

Fuel moves everything and on a large scale. Gasoline, diesel and liquefied gas leverage different markets. So oil is going through a good time, as production quotas remain low, inventories do not increase dramatically, while demand does.