Analysis: Amid tense Brazil election, Petrobras emerges as surprise market darling

Register now for FREE unlimited access to Reuters.com Register RIO DE JANEIRO, Sept 22 (Reuters) – Brazil’s state-run oil company Petrobras (PETR4.SA) has spent much of 2022 in turmoil, cycling through four chief executives as President Jair Bolsonaro hammered the company to bring down fuel prices. Faced with that and the likely return of a … Read more

US EPA set to finalize rule on state sales of higher-ethanol gasoline blend – Regan

Signage is seen at the headquarters of the United States Environmental Protection Agency (EPA) in Washington, DC, US, May 10, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 13 (Reuters) – The US Environmental Protection Agency intends to finalize a rule before next summer to allow the year-round … Read more

Oil eases after bearish US economic data

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US April 21, 2020. REUTERS/Drone Base Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 13 (Reuters) – Oil prices eased on Tuesday, reversing earlier gains, as US consumer prices unexpectedly rose in August, giving … Read more

Argentina hikes biofuel prices for the domestic market

Register now for FREE unlimited access to Reuters.com Register Sept 6 (Reuters) – Argentina’s government on Tuesday increased domestic prices of biodiesel for blending with diesel, as well as for bioethanol made from sugarcane and corn. The Ministry of Economy’s energy secretariat set the price of biodiesel at 220,000 Argentine pesos ($1,566) per tonne, up … Read more

Oil prices fall after US Fed chair warns of economic pain ahead

An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021, in this photo taken by Kyodo. Mandatory credit Kyodo/via REUTERS Register now for FREE unlimited access to Reuters.com Register Fed’s Powell sees inflation fight lasting ‘some time’ ECB policymakers to discuss interest rate hike on … Read more

Indonesia’s 2022 energy subsidies may rise, 2023 bill may shrink, finance minister says

Indonesia’s Finance Minister Sri Mulyani Indrawati speaks at an opening for High Level Seminar, Strengthening Global Collaboration for Tackling Food and Insecurity, during the G20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua, Bali, Indonesia, July 15, 2022. Sonny Tumbelaka Register now for FREE unlimited access to Reuters.com Register JAKARTA, Aug 16 (Reuters) … Read more

Rains dampen Indian state retailers’ Aug. 1-15 diesel sales

A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Aug 16 (Reuters) – Gasoil sales by Indian state fuel retailers in the first half of August were subdued from levels … Read more

Indonesia asks Pertamina to limit subsidized fuel sales

An employee at a Total fuel station fills up a motorcycle in south Jakarta February 12, 2015. Picture taken February 12, 2015. REUTERS/Darren Whiteside/File Photo Register now for FREE unlimited access to Reuters.com Register JAKARTA, Aug 11 (Reuters) – Indonesia’s government has asked state energy firm Pertamina (PERTM.UL) to limit its sales of subsidized fuels … Read more

Oil edges up as strong economic data feeds hopes for demand

FILE PHOTO – A oil field worker works at a pump jack in PetroChina’s Daqing oil field in China’s northeastern Heilongjiang province November 5, 2007. REUTERS/Stringer (CHINA) Register now for FREE unlimited access to Reuters.com Register HOUSTON, Aug 8 (Reuters) – Oil prices edged up on Monday, hovering near their lowest levels in months in … Read more

German H1 energy use down 3.5% on slower economy, high prices, weather

Power lines are pictured in front of the Weisweiler brown coal power plant of German utility and energy supplier RWE in Weisweiler near the western German city of Aachen, Germany, January 28, 2020. REUTERS/Wolfgang Rattay/File Photo Register now for FREE unlimited access to Reuters.com Register FRANKFURT, Aug 2 (Reuters) – German primary energy consumption fell … Read more