Friday, September 18, 2026

Brazil court blocks part of Petrobras’ $2.2 billion deal with Total

From Reuters A Brazilian federal court has blocked part of a $2.2 billion deal signed earlier this year by Petróleo Brasileiro SA and French oil major Total SA. In a decision late on Tuesday, judge Edmilson da Silva Pimenta put on hold a key part of the deal: the sale by Petrobras, as the company is known, of part of

Most U.S. oil executives see prices below $60/barrel through 2018

From Reuters Nearly two-thirds of U.S. oil executives see crude oil prices remaining below $60 per barrel through 2018 and not hitting $70 until at least the next decade, according to a survey published on Wednesday by consultancy Deloitte Services LP [DLTE.UL]. The survey, based on a poll of 250 executives at companies that produce, transport and refine oil and