Eni Raises Investor Payouts as High Fuel Prices Boost Cash Flow
Eni SpA said it will return more cash to shareholders after the Middle East war drove up energy prices and sent refining margins soaring.
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Eni SpA said it will return more cash to shareholders after the Middle East war drove up energy prices and sent refining margins soaring.
Trucker protests over soaring fuel prices in Italy have forced dairies in the country’s south to stop making their prized buffalo mozzarella, in the latest sign of mounting economic and political frustration.
The UAE and Bahrain deals increase French commitments to 295,000 tonnes a month, just over 10 percent of consumption.
WestJet Airlines Ltd., Canada’s second-largest air carrier, saw its bonds fall to their lowest level since they were issued in June, as spikes in the cost of fuel and trade tensions are dimming its earnings outlook.
French President Emmanuel Macron has obtained commitments to deliver an additional 200,000 tonnes of diesel per month from the United Arab Emirates and Bahrain during a tour of the Gulf, his office said Tuesday as the French government scrambles to address a cost-of-living crisis that has fuelled unrest in the country.
Rising fuel costs are piling pressure on households, businesses and governments across Europe, fuelling cost-of-living protests and bolstering the far right ahead of elections next year in countries including France, Italy and Poland. Some far-right parties are calling for a return to Russian energy.
France experienced a weekend of shocks as weeks-long high school student protests for better study environments were hijacked by violent looters across major cities, angered by rising fuel prices and an ongoing cost of living crisis. While the rallies saw hundreds of thousands protest peacefully, clashes over the weekend led to chaotic scenes: hundreds of shops were pillaged, the historic city hall of Limoges was burned down and multiple public buildings across cities like Paris, Marseilles and...
Ukraine's President Volodymyr Zelensky said he felt “betrayed” on Wednesday after access was seemingly restricted to US intelligence and Space X satellite services, raising new questions about US commitment to Ukraine. With Trump under pressure over rising fuel prices, is the White House hoping criticism of Kyiv can help shift the blame?
India may raise fuel prices moderately in November, a brief window to do so before crucial state elections early next year, Oxford Economics said.
Australians are pulling back at the pump as fuel prices surge, with sales of diesel dropping in August by the most since 2022 and the decline in petrol sales deepening.
India’s long-awaited sale of IDBI Bank Ltd. will provide the government of Prime Minister Narendra Modi some fiscal relief as surging fuel prices and dwindling foreign inflows add to pressure on the economy.
SMH says it can no longer afford search-and-rescue work in one of the world's most dangerous migration routes.
Four Hong Kong franchised bus operators have applied to raise fares by up to 17.7 per cent, citing “significant financial pressure” from soaring fuel prices driven by the Middle East conflict. Citybus has sought the steepest increase, at 17.7 per cent, followed by the KMB Company at 16 per cent. Long Win Bus and New Lantao Bus have applied for rises of 8.1 per cent and 9.8 per cent respectively, according to a paper the Transport and Logistics Bureau submitted to the Legislative Council on...
Donald Trump called on Saturday for Ukraine to "get a new leader" after Volodymyr Zelensky slammed Washington's easing of Russian diesel sanctions, as the US president faces fuel price pressure weeks before midterm elections. Our correspondent Gulliver Cragg tells us more.
Bloomberg Economics Economic Statecraft Lead Chris Kennedy tells Bloomberg This Weekend that President Donald Trump's agreement to obtain Russian diesel is unlikely to significantly lower US fuel prices because the proposed November shipment amounts to roughly one day of American consumption. Speaking with hosts David Gura and Christina Ruffini, Kennedy says damage to Russian refineries, logistical challenges and potential legal restrictions raise questions about whether Moscow can deliver the promised fuel, while the agreement could complicate Ukraine's campaign against Russian energy infrastructure. (Source: Bloomberg)
President Donald Trump's deal with Putin comes amid surging fuel prices and looming US midterm elections.
The US president hopes to ease his party's pain before next month's midterm elections, writes the BBC's North America correspondent.
Russia to deliver millions of tonnes of diesel soon, US President Trump announces after talks with Putin.
Sheila Kahyaoglu, senior equity research analyst at Jefferies, examines third-quarter results from Delta Air Lines, which cut its full-year earnings outlook on high jet fuel prices. She speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
O programa Sala de Concerto, da Rádio MEC, recebe a pianista Estela Caldi para destacar uma parte de seu projeto "Schubertíade". A produção vai ao ar na programação da emissora pública nesta sexta-feira (9), às 17h. A iniciativa de Estela Caldi promove a apresentação integral do repertório de Schubert para piano a quatro mãos. A série reúne pianistas de diferentes gerações em uma celebração da música de Franz Schubert. Notícias relacionadas:Cantora Marília Mendonça ganha exposição sensorial no MIS.Exposição em São Paulo celebra os 90 anos de Tom Zé.Desenvolvido por profissionais renomados na cena musical, o projeto é executado pelos pianistas Estela Caldi, José Wellington, Lilia Justi, Lucia Barrenechea e Luiz Eduardo Domingues. Argentina radicada no Brasil desde 1969, Estela Caldi tem carreira artística e acadêmica consolidada em que se dedica à música de câmara e ao repertório latino-americano. No decorrer de sua trajetória, a artista integrou importantes formações como o Trio Uni-rio, o Trio Femina e o Blas Rivera Quintet. Estela Caldi fundou o grupo LiberTango em 1996 com seus filhos, o saxofonista e flautista Alexandre Caldi e o acordeonista e pianista Marcelo Caldi. Considerado uma das principais referências do tango no cenário da música brasileira, o projeto interpretou a obra de Astor Piazzolla. Repertório Divertimento sobre temas franceses originais, D823, em mi menor: segundo movimento, Andantino, Tema com variações. Pianistas: Lilia Justi e Luiz Eduardo Domingues. Allegro em lá menor, D947, "Tempestades da Vida". Pianistas: Lucia Barrenechea e Estela Caldi. Sonata em si bemol Maior, D617: primeiro movimento, Allegro moderato. Pianistas: Lucia Barrenechea e José Wellington. Sobre a Rádio MEC Conhecida de norte a sul do país como "A Rádio de Música Clássica do Brasil", a Rádio MEC é consagrada pelo público por sua vocação direcionada à música de concerto. A tradicional estação dedica 80% de sua programação à música clássica e leva ao ar compositores brasileiros e internacionais de todos os tempos. A emissora oferece aos ouvintes a experiência de acompanhar repertórios segmentados, composições originais e produções qualificadas. Ainda há espaço também para faixas de jazz e música popular brasileira, combinação que garante a conquista de novos públicos e agrada a audiência cativa. A emissora pode ser sintonizada pela frequência FM 99,3 MHz e AM 800 kHz no Rio de Janeiro. O dial da Rádio MEC em Brasília está em FM 87,1 MHz e AM 800 kHz. O público também acompanha a programação em Belo Horizonte, na frequência FM 87,1 MHz. O conteúdo ainda é veiculado no app Rádios EBC. Os ouvintes têm participação garantida e podem colaborar com sugestões para a programação da Rádio MEC. O público pode interagir pelas redes sociais e pelo WhatsApp. Para isso, basta que os interessados enviem mensagens de texto para o número (21) 99710-0537.
Nigeria's finance minister unveiled a raft of measures Thursday aimed at cushioning against energy shocks as the country prepares to go to the polls, including a petrol discount for public transport operators
The airlines attributed the revisions to sustained increases in fuel prices amid continuing geopolitical tensions in the Middle East.
French Prime Minister Sebastien Lecornu said Wednesday that he would make ten million barrels of diesel available to distributors in France, in a bid to help ease pressure on fuel prices. The diesel, which was purchased before the recent price surge and would be made available at cost price, would "automatically lower prices at the pump by an estimated 12 to 18 cents per litre," he said during a televised address.
Philippine inflation gained pace again in September, ending four months of deceleration as fuel prices surged.
Honduras holds its diesel price at US$5.72 a gallon for 30 days from 5 October by absorbing a road levy, while petrol and kerosene prices rise again. The post Honduras Diesel Price Frozen for 30 Days at US$5.72 as Petrol Rises appeared first on The Rio Times.
European countries have agreed to release diesel stocks, US President Donald Trump said on Friday, after the White House pressured governments to do so, in a bid to cool surging fuel prices linked to the Iran war. “Europe has just agreed to release a massive amount of their heavily stocked diesel oil. The process will begin immediately,” Trump wrote in a post on Truth Social. Trump’s statement followed talks on Friday among EU governments, who discussed a proposal by France for European...
Fuel is a huge expense for airlines and with two major wars now affecting energy infrastructure, fuel prices across the board are higher and higher. David Kang, former group treasurer at Qatar Airways, joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss how airlines use swaps and options to hedge against future increases in the price of jet fuel. (Source: Bloomberg)
An art and a science.
Reggie Manlapig, 46, has been driving jeepneys for nearly 25 years and has weathered rising fuel prices – but with costs spiking amid the global energy crunch, he is now wrestling bigger demons. “The impact has been huge. Before, in a 16-hour shift of driving, I could take home 400 to 500 pesos [US$6.30 to US$8] – now there’s a big cut to that income,” said Manlapig, who plies a two-hour daily round route from Malolos in Bulacan, north of Manila, to San Fernando, Pampanga. “Doing the full route...
The United States on Thursday urged European allies to release strategic diesel reserves immediately to curb prices driven higher by the US war on Iran. EU states will discuss a coordinated response on Friday, as Washington increases pressure following President Donald Trump's suggestion that he could ban US diesel exports.