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Surging Gasoline Prices Add Inflation Risk in USA Election Year

U.S. gasoline futures have jumped sharply in recent weeks.

Global Fuel Prices Are Surging With Supply Risks Ahead

(Bloomberg) -- Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making forecasts difficult in the run-up to a US presidential election in which inflation will be a key issue.Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapOne of the Most Infamous Trades on Wall Street Is Roaring BackUS Core Inflation Tops Forecasts Again, Reinforcing Fed CautionChina Has Never Canceled This Many Ship

Mexico's Pemex Scores Net Profits in Fourth Quarter as Government Cuts Taxes

Pemex CEO Lashes Out at Moody's, Echoing Diehard Bond Bulls

(Bloomberg) -- It didn’t take Octavio Romero, the chief executive of Petroleos Mexicanos SA, long to start ripping into Moody’s Investors Service.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldFlawed Valuations Threaten $1.7 Trillion Private Credit BoomOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersTrump Eyes $4 Billion Stock Windfall as His Legal Bills Pile UpThe call with inve

Sheinbaum Aide Sees 'Gigantic' Capital Needs for Mexican Energy

Pemex CEO Lashes Out at Moody's, Echoing Diehard Bond Bulls

Pemex Posts Profit in Positive Sign for Debt-Saddled Firm

Pemex Posts Profit in Positive Sign for Debt-Saddled Firm

(Bloomberg) -- Pemex swung to a profit in the fourth quarter as government support appeared to relieve pressure on the state-owned company saddled with a $106 billion debt burden.Most Read from BloombergApple Cancels Work on Electric Car, Ending Decadelong EffortA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersNigeria Delivers Jumbo Rate Hike to Aid Its Battered NairaBYD’s New $233,450 EV Supercar to Rival Ferrari, La

Mexico City Tax Strategy Could Go National, Sheinbaum Ally Says

Mexico City Tax Strategy Could Go National, Sheinbaum Ally Says

(Bloomberg) -- A move similar to the expansion of the Mexican capital’s tax base could be achieved at the national level to allow the government to grow its revenue, said Mexico City Administration and Finance Chief Luz Elena Gonzalez, a long-time colleague of presidential candidate Claudia Sheinbaum.Most Read from BloombergBuffett Says ‘Eye-Popping’ Results Unlikely With Record CashTrump Advances 2024 Bid Besting Haley in Her Home StateBYD Unveils $233,450 EV Supercar to Rival Ferrari, Lamborgh