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Market news: Petrobras, Brazil's state-owned oil company, said a mechanism will limit the price increase of natural gas supplied to distributors in the states in August to 6%, compared with a previously expected increase of 22%.

2026-07-01

Market news: Petrobras, Brazil's state-owned oil company, said a mechanism will limit the price increase of natural gas supplied to distributors in the states in August to 6%, compared with a previously expected increase of 22%.

Other News
2026-06-30

Switzerland June KOF economic leading indicator 101.2, vs 99.1 expected; prior reading revised to 98.6 from 98.

Switzerland June KOF economic leading indicator 101.2, vs 99.1 expected; prior reading revised to 98.6 from 98.
2026-06-30

ECB chief economist LANE said oil prices could remain above pre-war levels as energy firms and governments rebuild inventories, which would sustain upward pressure on inflation. He noted Brent crude briefly fell to pre-war levels last week, but deman

ECB chief economist LANE said oil prices could remain above pre-war levels as energy firms and governments rebuild inventories, which would sustain upward pressure on inflation. He noted Brent crude briefly fell to pre-war levels last week, but demand for restocking may keep prices elevated. LANE added that while the ECB welcomes lower oil prices, oil may stay above pre-war levels for several years, imposing persistent cost-push pressure on the economy.
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