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News
Brazil Government to extend subsidy to gasoline until September 9th, reports Valor
1+ day, 4+ hour ago (518+ words) Newsquawk Fuel subsidy extensions in Brazil sit at the intersection of fiscal policy and domestic fuel pricing, and the recurring pattern is that they are used to smooth the pass-through from international crude and product benchmarks into pump prices. The…...
Russia could extend diesel export ban to September, according to sources; Govt. reportedly considering a further extension of the ban until year-end
1+ day, 8+ hour ago (492+ words) Newsquawk Export bans of this kind have been a recurring instrument of Russian fuel policy when domestic pump prices and wholesale supply tighten ahead of seasonal demand peaks, and past episodes have followed a familiar sequence: an initial ban, partial…...
Fuel stations in Moscow have introduced restrictions for gasoline sales, according to reports, citing customer hotlines
1+ week, 9+ hour ago (457+ words) Newsquawk Retail fuel rationing in a major consuming centre is the downstream symptom rather than the event itself; in past episodes of this kind, restrictions at the pump have followed disruptions to refining capacity or logistics upstream, with the sequence…...
China's State Planner says domestic gasoline and diesel retail price caps will be cut by CNY 230/T and CNY 220/T, respectively; effective on August 14
1+ week, 5+ day ago (490+ words) Newsquawk Cuts of this kind are mechanical rather than discretionary: the NDRC adjusts retail fuel caps when the trailing basket of international crude benchmarks moves sufficiently over its ten-working-day pricing window, so the announcement tells the market what it largely…...