Fuel Tankers U-Turn to Asia as War Worsens Supply Crunch
Asian energy buyers, eager to secure supplies as the Middle East war enters its second week, are outbidding rivals to lure fuel shipments that were headed to other regions.
Petrobras Holds the Line on Brazil Fuel Prices as War Spikes Oil
Petrobras is holding off on retail fuel price increases in Brazil despite the war-driven surge in global oil markets, said Chief Executive Officer Magda Chambriard.
Beaten Down IPOs Face ‘Negative Feedback Loop’ After Lock-Ups
A handful of the worst performing companies in the IPO class of 2025 are staring down the risk of a “negative feedback loop” as selling restrictions for long-term investors and management teams are lifted after earnings, according to the head of PricewaterhouseCoopers’ US listing practice.
G-7 Ready to Release Oil Stocks If Needed But ‘Not There Yet’
Group of Seven finance ministers said they were ready to take any steps needed to support global energy supply, including releasing strategic oil reserves — although the group isn’t at the point of doing so yet.