energy

Bloomberg's Alex Vasquez joins Scarlet Fu on "Bloomberg Deals." Mexicos President Claudia Sheinbaum’s proposed 2027 budget reduces support for state-owned oil company Petroleos Mexicanos, pledging 81 billion pesos ($4.8 billion) to help cover its debt payments, down nearly 70% from the amount alloca

Stocks tumble as oil tops $100.

US 30-year borrowing costs hit highs as falling Saudi oil production gives fresh impetus to rally in crude prices

When the White House announced its deal to take control of a huge swath of Venezuela’s oil, there was no false modesty. The agreement will more than double US reserves, according to the administration’s fact sheet, and “secures our energy dominance for the next century — all at zero cost to the Unit

OPEC oil output falls in August, Reuters survey shows Reuters

COMMENTARY: Asia's oil industry wants Trump to leave the Gulf, but expects he won't Reuters

Iran suspends freight charge on foreign vessels carrying energy products to or from Iran Reuters

Lindy Cameron becomes top civil servant at the department that was rocked by the sacking of predecessor Olly Robbins

And oil is back above $100, with diesel at an all-time high.

Asian stocks dropped, tracking losses on Wall Street, as surging oil prices stoked concern that inflation will accelerate. Brent crude held above $101 a barrel.