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  • OPEC Deal At Breaking Point As Compliance Falls
    Oilprice.com2 days ago

    OPEC Deal At Breaking Point As Compliance Falls

    Oil prices fell on Friday after OPEC once again increased production, reinforcing the short sellers' case

  • Reuters4 days ago

    Brazil mulls gasoline tax hike on Thursday -sources

    Brazil is considering higher taxes on gasoline to help meet this year's budget target during a slow economic recovery, two sources told Reuters on Wednesday. Finance Ministry officials were calculating the impact of the potential measure before an official announcement on Thursday, according to a government source, who requested anonymity to speak freely about the plan. A second source with knowledge of the discussions said the possible tax increase could be implemented through a hike in federal value-added taxes.

  • Reuters4 days ago

    U.S. crude, gasoline stocks drop sharply -EIA

    U.S. crude stocks dropped more than expected last week, while gasoline and distillate inventories also fell sharply, data from the Energy Information Administration showed on Wednesday. Crude inventories ...