Sudan fully lifted subsidies on gasoline and diesel on Tuesday, according to a statement from the finance ministry that said previous prices would be canceled and new prices set that it said were in line with import costs.
President Joe Biden's administration, under pressure from labor unions and U.S. senators including from his home state of Delaware, is considering ways to provide relief to U.S. oil refiners from biofuel blending mandates, three sources familiar with the matter said.
Malaysia is expected to spend 8 billion ringgit ($1.95 billion) on fuel and cooking oil subsidies this year, more than double the 3.78 billion ringgit originally allocated, the finance ministry said on Saturday.
Norwegian oil services firm Aker Solutions said on Thursday one of its managers was being questioned by Malaysian authorities and three sources familiar with the case said they expected charges to be brought on Friday.
A fire at an oil refinery owned by Indonesia's Pertamina at Cilacap, Central Java, was still ablaze on Saturday, the CEO of the state energy firm said on Saturday, though she added it wouldn't impact the plant's operations.