Petrobras executive says to cut average price of natural gas by 7.8% from February
The announcement from a Petrobras executive to cut average natural gas prices by 7.8% starting from February indicates a significant supply-side adjustment that could affect market dynamics.
US sells 6-week bills at a high rate of 3.635%, B/C 2.64x
European Closes: Euro Stoxx 50 +0.58% at 5,993, Dax 40 -0.10% at 24,908, FTSE 100 +0.58% at 10,208, CAC 40 +0.27% at 8,153, FTSE MIB +1.09% at 45,440, IBEX 35 +0.70% at 17,804, PSI +0.90% at 8,654, SMI +0.46% at 13,206, AEX +0.29% at 1,002
Petrobras executive says to cut average price of natural gas by 7.8% from February
Construction of Tesla (TSLA) semi chargers will begin in H1 2026 at select Centers planned across California, Georgia, Nevada, New Mexico and Texas
Newsquawk Daily Economic Releases - 28th January 2026
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This reduction may prompt a reevaluation of pricing in the broader energy sector, particularly as it could enhance demand amid competitive pricing pressures, impacting inflation and potentially benefiting end-users. Traders should monitor the response in both natural gas futures and related commodities, as well as implications for energy stocks.
Related headlines
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL1 day ago
- IEA OMR: 2026 world oil demand to fall by 2.5mln BPD (vs prev. forecast of a 1.6mln BPD fall), citing impasse in US-Iran talks on resolving their conflict.2 days ago
- Saudi Arabian oil pipeline system hit by projectiles triggering fires, CNN reports, citing sources1 day ago
- Spot premiums for Azeri BTC crude oil rose over USD 10/bbl against dated Brent, according to traders1 day ago
- French Finance Minister says there is currently no need to release additional oil reserves2 days ago
- China's NDRC raises gasoline and diesel prices by CNY 435/t and CNY 420/t respectively, effective September 11th2 days ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
- Russian senior diplomat Ushakov says President Putin and Indian PM Modi discussed Ukraine during talks in New Delhi1 day ago
- Newsquawk European Market Wrap - 11th September 20261 day ago
- Daily US Equity Opening News: ORCL gains on earnings and FY guidance beat; ADBE weighed by slight Q4 revenue miss; SMR downgraded1 day ago
- Newsquawk Daily European Equity Opening News - 11th September 20262 days ago
- Newsquawk Daily European Opening News - 11th September 20262 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- Saudi Arabia has signaled a potential willingness to launch a major unilateral military operation against the Houthis, though Riyadh has not yet reached a final decision, according to ABC1 day ago
- US President Trump reiterates USD 5k payment to all US adults will happen 1 day ago
- Iran has reportedly launched drones towards ships in the Strait of Hormuz, reports Israel Channel 121 day ago
- A high-ranking Iranian security and political source told Al Mayadeen that contrary to claims and intimidation tactics, US President Trump is seeking to return to negotiations with Iran1 day ago
- US Baker Hughes Oil Rig Count (Sep/11) 450 (Prev. 449)1 day ago
- Saudi Crown Prince MBS has personally urged President Trump to launch military strikes against Houthi forces in Yemen amid their rapid advance along the Red Sea coast, reports to CBS citing sources1 day ago
- Germany is developing a pharmaceutical pricing proposal for the Trump administration in an effort to avert potential US tariffs on German goods, reports Politico citing sources1 day ago
The whole workspace, free to try.
Try it free