NEW YORK/SAO PAULO, Aug 14 Brazil is facing a
difficult choice between going up against a powerful local sugar
lobby and angering a key ally, U.S. President Donald Trump, as a
major decision on international ethanol trade looms.
By Marcelo Teixeira, Stephanie Kelly, Roberto Samora and
NEW YORK Oil prices fell about 1% on Tuesday after rising earlier in the session as hopes dimmed for a swift stimulus package to relieve the U.S. economy as coronavirus cases increased globally.
NEW YORK U.S. distillate inventories have climbed to the highest in nearly four decades as refiners continue to ramp up production despite signals that a recovery in road and air traffic demand has stagnated.
NEW YORK Oil prices fell nearly 2% on Friday, limiting their weekly gain due to concerns the global recovery could falter from a resurgence of coronavirus cases.
NEW YORK A top U.S. biofuel industry trade group said it has cut lobbying spending as the coronavirus pandemic has slammed members eager to press demands with President Donald Trump, who hopes to win the corn-producing state Iowa in November.
NEW YORK The U.S. Department of Energy has recommended that some of the oil refiners that applied for retroactive exemptions from the nation's biofuel blending law be granted partial relief, two sources familiar with the matter said on Tuesday.
NEW YORK The U.S. Department of Energy's recommendations to the Environmental Protection Agency for retroactive biofuel blending waiver requests included partial exemptions, two sources familiar with the matter said.
NEW YORK, Aug 4 The U.S. Department of Energy
has finished reviewing retroactive requests from refiners for
exemptions from the nation's biofuel blending laws and has sent
recommendations on how to address those requests to the
Environmental Protection Agency, Senator Chuck Grassley said on
By Stephanie Kelly, Koustav Samanta and Bozorgmehr