In Brazil, a spiralling dispute over the leadership of state-owned energy giant Petrobras is exposing fault lines in President Lula da Silva’s administration.

Public squabbling over policies hits investor confidence

Brazil's financial markets are the worst performing in the world. A deep sell-off in the South American nation's markets is triggered by fears of government intervention in businesses. A disappointing dividend announcement from state-controlled oil company Petrobras is adding to those woes. This news has rattled investors, causing the benchmark stock index to plummet.

Petrobras' lower dividend payout triggers market slump in Brazil

Brazilian President Bolsonaro fires new Petrobras president after only 40 days of his appointment

Landmark 'Car Wash' investigation ends with a whimper in Brazil

US, Brazil fine Petrobras $853 million in bribery scandal

After days of continued nationwide strike by Truckers in Brazil, the government and transport unions reached a deal to suspend the strike which caused a massive shortage of fuel and food in various areas

Brazil government reaches deal with transportation unions, strike to halt for 15 days

The deals cover blocks in the Iguazu, San Telmo and Astillero gas areas in which Bolivia's state-run YPFB would be the partner

Bolivia signs $1.6 billion in gas deals with Repsol, Petrobras

The scandal involving Michel Temer continues the sorry saga of presidential misdeeds in Brazil

Brazil's love affair with corruption continues

The OPEC secretary general stressed the need to fast track the process of rebalancing the markets to avoid future instability

OPEC head warns market instability may threaten future oil supply

Lula is alleged to have been at the centre of a scandal accusing politicians and executives of embezzling from oil company Petrobras

Former Brazilian president to stand trial for obstruction of justice

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