Brazil to Gradually Phase Out Diesel Subsidies Amidst Global Oil Price Volatility
Brazil's government plans a cautious, phased withdrawal of diesel subsidies, prioritizing market stability over rapid fiscal adjustment, unlike gasoline.
Market-moving news and intelligence across global energy markets.
Brazil's government plans a cautious, phased withdrawal of diesel subsidies, prioritizing market stability over rapid fiscal adjustment, unlike gasoline.
Citi analysts predict Brent crude could fall to $60 a barrel by year-end 2026, driven by an anticipated global oil market surplus and easing geopolitical t
Global oil prices remained largely stable as hopes for Middle East peace talks offset rising supply from Gulf producers and normalizing Strait of Hormuz fl
TotalEnergies is offering millions of barrels of Iraqi crude for prompt delivery to Asia, adding to an already saturated market as Strait of Hormuz flows n
Henry Hub natural gas prices are set for a structural increase over the next decade, driven by surging demand from data centers, AI, and LNG exports, coupl
Wood Mackenzie forecasts Henry Hub natural gas prices will rise to $5/MMBtu by 2035, ending a decade of cheap gas due to surging demand and costlier supply
Indonesia's Pertamina is ready to distribute B50 biodiesel, a key policy to cut diesel imports and achieve energy self-sufficiency by leveraging palm oil.
Indonesia's state-owned Pertamina confirms readiness to distribute B50 biodiesel nationwide from July 2026, advancing national energy independence and redu
Obsidian Energy has finalized its acquisition of Belly River light oil assets, significantly boosting its 2026 production guidance and strengthening its Wi
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