Energy Update

You are here

TOKYO, June 30 (Reuters) - Oil futures hovered below three-week lows on Tuesday after Greeks took to the streets to protest against austerity following a bank shutdown, keeping investors away from riskier assets and putting Brent crude on course for a second month of declines.

RIO DE JANEIRO, June 29 (Reuters) - Brazil's state-run oil company Petrobras slashed its long-term spending plan to the lowest level in eight years on Monday as new management moved to reduce the industry's largest debt burden and restore confidence after a devastating corruption scandal.

* Australia cuts 2015 iron ore price forecast to $54.40 a tonne

LONDON, June 30 (Reuters) - The British government needs to extend policies and funding to reduce carbon emissions into the next decade to avoid increasing the cost and impact of global warming, Britain's climate change adviser said on Tuesday.

RIO DE JANEIRO, June 29 (Reuters) - Brazil's state-run oil firm Petrobras plans to work with the idea of setting domestic fuel prices at parity with international prices, without passing the full volatility on to consumers in Brazil, CEO Aldemir Bendine said on Monday.

NEW YORK, June 29 (Reuters) - Nearly two years ago Brazil sought U.S.

NEW YORK, June 29 (Reuters) - Brazil's President Dilma Rousseff on Monday drew on her own experience as a political prisoner during the country's dictatorship to denounce informants in a corruption scandal that has pummeled her popularity.

* President Buhari elected on anti-graft ticket (Adds quotes, detail, background)

VIENNA, June 29 (Reuters) - The United States on Monday rejected criticism that world powers negotiating a nuclear agreement with Iran have been making too many compromises, saying it hoped to get a good deal but was not certain that was achievable.

June 29 (Reuters) - Filitsa Galani, who runs a pharmacists on the island of Salamina, near Athens, had her first taste of life under Greece's new capital controls regime when she spoke to suppliers on Monday and heard they were restricting orders.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.