War and fuels, leakage in the Free Market and what matters in the market

ANDThis is the edition of the FolhaMercado newsletter for this Tuesday (8). want to receive it from monday to Friday at 7 am In your email? Sign up below.

war and gasoline

The surge in international oil prices, with a barrel of the Brent type touching US$ 140 on Sunday, close to an all-time high, increased market and government pressure on Petrobras this Monday (7th).

Understand: commodity prices jumped after US Secretary of State Antony Blinken said that the US and the European Union were studying a sanction on Russian oil – which so far has not been applied precisely for fear of inflation.

Russia, one of the world’s biggest producers, says that a decision in this direction would push prices to $300. At the end of Monday night, the price of a barrel of the Brent type, a reference for Petrobras, was at US$ 124 (R$ 627), a high of 5%.

Under scrutiny: the advance of quotations increased the siege on Petrobras’ pricing policy. The state-owned company only announced a readjustment this year and said it would wait for a clearer scenario about the war before making a new decision.

Pressure from one side.. President Jair Bolsonaro (PL) said that the government is studying a review of Petrobras’ international price parity policy, and his interlocutors are considering a temporary price containment.

..and on the other: last week, the sector already saw a lag of 26% and 30% in gasoline and diesel prices, respectively, representing the biggest difference in a decade. At these prices, the market fears shortages.

• In Bahia, the privatized refinery promoted the fourth adjustment last Saturday (7th). The price of diesel oil sold rose by up to 25% and that of gasoline by up to 19%. At gas stations, regular gasoline ranged from BRL 7.89 to BRL 7.99.
• After Bolsonaro’s speech, Petrobras’ shares plummeted. Preferred shares closed down 7.10%, and the common ones (with voting rights) collapsed 7.65%pulling the stock market’s 2.52% retreat, the 111,593 points.
• Abroad, the shares of the main companies in the sector appreciated along with oil prices.
• On the Ibovespa, airlines, hit hard by the surge in oil, led the declines. Blue and Goal fell 18% and 17%respectively.

Leakage on the Free Market

Mercado Livre reported this Monday that the data of about 300,000 of its users had been accessed, after detecting that part of its source code had been subject to unauthorized access.

The company said it found no evidence that its “infrastructure systems have been compromised or that user passwords, account balances, investments, financial or payment card information have been obtained.”

Serial problems: the leak of the largest ecommerce platform in Latin America is yet another episode involving the technology sector of large companies operating in Brazil.

Advertising tries to change how it portrays women

Understanding women as a being of multiple interests, which includes profession, leisure, hobbies and sports, is still the great challenge of advertising in the second decade of the 21st century, say marketing and behavior experts heard by sheet.

Understand: although the advertising market has evolved in this direction in recent years, women are still portrayed in most advertisements as a segmented being, concerned either with the house, or with the children or looking beautiful. Or worse, your body is still used in a sexist way, to get attention.

For a more significant evolution in this field, the specialists emphasize the importance of an increase in the number of women with decision-making power in companies.

Entrepreneurship for women: The government launches this Tuesday (8) the first initiative of a broad credit agenda for Brazilians. Called Brasil pra Elas, the program provides credit for working capital, cards with no annual fee and interest discounts for those who pay on time.

The government also announced that pregnant women from families in poverty and extreme poverty can receive Auxílio Brasil, which will pay R$65 for each pregnant woman in the family for nine months.

More about International Women’s Day:

BC releases forgotten money

This Monday, the money that each person or company has to transfer from the Central Bank’s Values ​​Receivable tool began to be released. Brazilians born before 1968 were able to consult and request the transfer of the money that is forgotten.

Understand: in this first phase, will be released BRL 4 billion 28 million CPFs and CNPJs; see the calendar for other ages here.

These resources are from amounts left in closed accounts with available balance, fees unduly charged in credit operations, capital quotas and leftovers from credit union participants and closed consortium resources.

Expectation vs reality: some Brazilians who were hoping to find some extra money for this beginning of the year reported on social media their disappointment to see only a few cents to be received.

How to make: the first step is to access the website valorareceber.bcb.gov.br and then login to gov.br with a silver or gold level. The Central Bank will then show the amount available in each institution and the reason for the return.