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☆ Dengue cases top 5.2 million in the Americas as outbreak passes yearly record, PAHO says
▼ + stars: | 2024-04-19 | by ( Michael Rios | ) edition.cnn.com time to read: +3 min

CNN —Dengue cases are surging in the Americas, with cases reported topping 5.2 million as of this week, surpassing a yearly record set in 2023, according to the Pan American Health Organization (PAHO). PAHO spokesperson Ashley Baldwin told CNN Thursday that 5,214,480 cases of dengue have been reported in the Americas as of Wednesday. In all of 2023, the total number of cases reported in the region was 4,572,765. “We are in an emergency situation because of dengue,” PAHO Director Jarbas Barbosa said in a news briefing Thursday. Early detection and access to proper medical care will reduce the probability of dying due to severe dengue,” Baldwin added.

Persons: PAHO, Ashley Baldwin, ”, Jarbas Barbosa, ” Baldwin, Barbosa, Agustin Marcarian, Eraldo Peres, Baldwin Organizations: CNN, Pan American Health Organization, Reuters Public, AP, US Centers for Disease Control, Prevention, World Health Organization, Virgin Islands Locations: Americas, Brazil, Rio de Janeiro, Peru, Buenos Aires, Argentina, Ceilandia, Brasilia, Puerto Rico, Virgin, American Samoa

☆ Argentina's Milei, IMF discuss fiscal adjustment plan, monetary program
▼ + stars: | 2023-11-25 | by ( ) www.reuters.com time to read: +1 min

Argentine presidential candidate Javier Milei addresses supporters as they react to the results of Argentina's runoff presidential election, in Buenos Aires, Argentina November 19, 2023. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsNov 24 (Reuters) - Argentina President-elect Javier Milei said on Friday he had spoken with the director of the International Monetary Fund (IMF), Kristalina Georgieva, regarding plans to adjust the country's fiscal policy and monetary program. The country is currently facing inflation nearing 150%, a looming recession and net reserves seen at negative $10 billion. Argentina is tied up by a $44 billion loan program from the IMF that has veered off track. "The IMF is committed to support efforts to durably reduce inflation, improve public finances and raise private-sector-led growth," Georgieva said on X.

Persons: Javier Milei, Agustin Marcarian, Kristalina, Milei, Georgieva, Kylie Madry, Isabel Woodford Organizations: Argentine, REUTERS, International Monetary Fund, IMF, Thomson Locations: Buenos Aires, Argentina

☆ Argentina's Milei thanks Chinese president, in softening of tone
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +2 min

Argentine presidential candidate Javier Milei addresses supporters as they react to the results of Argentina's runoff presidential election, in Buenos Aires, Argentina November 19, 2023. REUTERS/Agustin Marcarian Acquire Licensing RightsBUENOS AIRES, Nov 22 (Reuters) - Argentine President-elect Javier Milei on Wednesday thanked Chinese President Xi Jinping for a letter congratulating him on last Sunday's elections results, a softening of tone from earlier harsh criticism of China's communist leadership. "I thank President Xi Jinping for the congratulations and good wishes," Milei said on his personal X account. Since the election, Milei has softened his tone with many he has previously criticized, including his countryman Pope Francis. In a separate post on Wednesday, Milei thanked former U.S. President Donald Trump for congratulations from his campaign team and said he hoped to meet soon.

Persons: Javier Milei, Agustin Marcarian, Xi Jinping, Milei, Xi, Pope Francis, Donald Trump, Adam Jourdan, Gabriel Araujo, Sarah Morland, Kylie Madry Organizations: Argentine, REUTERS, South American Mercosur, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Argentine, China, Brazil

☆ Argentina hikes taxes on dollar savings and bank card purchases ahead of Milei taking power
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +1 min

A one hundred Argentine peso bill sits on top of several one hundred U.S. dollar bills in this illustration picture taken October 17, 2022. The change means that Argentines using dollar credit cards or buying foreign currency for savings will pay rates closer to those in alternative markets. This change comes after libertarian Milei, who proposes dollarizing Argentina's economy and eliminating the central bank, defeated the Peronist Economy Minister Sergio Massa in a presidential run-off on Sunday. To safeguard its limited foreign currency, Argentina set multiple exchange rates under strict controls in 2019. Reporting by Walter Bianchi; Writing by Natalia Siniawski; Edited by Eliana Raszewski and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

Persons: Agustin Marcarian, Javier Milei, Milei, Sergio Massa, Walter Bianchi, Natalia Siniawski, Eliana Raszewski, Marguerita Choy Organizations: Argentine, REUTERS, Peronist Economy, Thomson Locations: Argentina, Argentine

☆ Shirts worn by Messi at 2022 World Cup expected to fetch record price at auction
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

Nov 20 (Reuters) - Six shirts worn by Lionel Messi during Argentina's triumphant run at the 2022 World Cup are expected to become the "most valuable collection of sports memorabilia" when bidding opens later this month, auction house Sotheby's said. The collection includes the shirt he wore during the first half of the final in Qatar. "The extraordinary collection is estimated in excess of $10 million, with the sale poised to become the most valuable collection of sports memorabilia at auction," Sotheby's said in a statement. Bidding for the white and sky blue shirts will be open from Nov. 30 to Dec. 14, coinciding with a public exhibition to showcase the collection. "The extraordinary collection is estimated in excess of $10 million, with the sale poised to become the most valuable collection of sports memorabilia at auction," Sotheby's said in a statement.

Persons: Lionel Messi, Argentina's, Sotheby's, Sant Joan de Déu, Leo Messi, Agustin Marcarian, Michael Jordan’s, Tommy Lund, Pritha Sarkar Organizations: Barcelona Children’s Hospital, Leo Messi Foundation, Soccer Football, Estadio, REUTERS, Reuters, Thomson Locations: Qatar, Barcelona, Argentina, Uruguay, Buenos Aires, Gdansk

☆ Argentina’s Economic Turmoil Is Getting Worse. These Charts Explain Why.
▼ + stars: | 2023-11-20 | by ( Santiago Pérez | Roque Ruiz | ) www.wsj.com time to read: 1 min

Argentine president-elect Javier Milei will take office in early December. Photo: agustin marcarian/ReutersArgentina has long been trapped in recurring cycles of deep and destructive economic contractions brought on by policies that force governments to routinely spend more than they collect through taxes and other income, economists say. President-elect Javier Milei will take office in early December with the task of reversing unsustainable spending policies that have depleted government coffers and caused inflation and interest rates to soar.

Persons: Javier Milei, agustin marcarian Organizations: Reuters Locations: Reuters Argentina

☆ Argentine farmers: Milei victory an opportunity for 'radical change' for grains sector
▼ + stars: | 2023-11-20 | by ( Maximilian Heath | ) www.reuters.com time to read: +1 min

[1/2] Soy plants are seen in a farm near Pergamino, on the outskirts of Buenos Aires in Argentina April 27, 2021. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsBUENOS AIRES, Nov 20 (Reuters) - Javier Milei's election as Argentine president offers an opportunity for "radical change" in policy for the grains sector, the country's main rural associations said late on Sunday, offering to work "side by side" with the libertarian. He also wants to eventually close the central bank and dollarize the economy - more radical ideas that he may struggle to implement. "A great opportunity has opened up to work together to make radical change to the current policies," the Argentine Rural Society (SRA) said in a statement. Meanwhile, the Argentine Rural Confederations (CRA) called for Milei to work with the farm sector and demanded tax deregulation.

Persons: Agustin Marcarian, Javier Milei's, Milei, Maximilian Heath, Adam Jourdan, Christopher Cushing Organizations: REUTERS, Argentine Rural Society, Argentine Rural Confederations, Thomson Locations: Pergamino, Buenos Aires, Argentina, BUENOS AIRES

☆ IMF, China ready to work with new Argentina leader Milei
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +1 min

[1/2] Argentine president-elect Javier Milei waves to his supporters after winning Argentina's runoff presidential election, in Buenos Aires, Argentina November 19, 2023. REUTERS/Agustin Marcarian Acquire Licensing RightsLONDON, Nov 20 (Reuters) - Kristalina Georgieva, head of the International Monetary Fund, and a spokesperson for China's foreign ministry said on Monday they were ready to work with Argentina's president-elect Javier Milei. Argentina elected right-wing libertarian Javier Milei as its new president on Sunday, rolling the dice on an outsider with radical views to fix an economy battered by triple-digit inflation, a looming recession and rising poverty. The IMF has a $44 billion loan program with Argentina. Reporting by Karin Strohecker and Liz Lee in Beijing; editing by Marc Jones and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Persons: Javier Milei, Agustin Marcarian, Georgieva, Mao Ning, Karin Strohecker, Liz Lee, Marc Jones, Mark Heinrich Our Organizations: Argentine, REUTERS, International Monetary Fund, IMF, South, Thomson Locations: Buenos Aires, Argentina, China, Beijing

☆ Shares in Argentina's YPF soar as Milei hints at privatization
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsCompanies Ypf Sa FollowRepsol SA FollowBUENOS AIRES, Nov 20 (Reuters) - New York-traded shares in Argentine state-run oil company YPF soared more than 40% on Monday after President-elect Javier Milei said he would seek to privatize the firm. The South American country nationalized 51% of the oil company more than a decade ago from Spain's Repsol (REP.MC). YPF is Argentina's largest oil firm and oversees development of Vaca Muerta, the world's second-largest shale gas reserve and fourth-largest shale oil reserve. Shares of YPF jumped more than 40% early in the session, before paring some gains to trade up 35.2%. Global X analyst Trevor Yates said the YPF gains were related to the increasing likelihood of it being privatized and implementing an international price parity policy.

Persons: Alberto Fernandez, Cristina Fernandez de Kirchner, Agustin Marcarian, Javier Milei, Sergio Massa, YPF, Milei, Spain's, Vaca Muerta, Trevor Yates, Yates, Eliana Raszewski, Bansari Mayu, Grant McCool Organizations: Argentine, REUTERS, Global, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, New York, Argentine, American

☆ Argentine ETF trading surges after election, led by small investors
▼ + stars: | 2023-11-20 | by ( Suzanne Mcgee | ) www.reuters.com time to read: +2 min

The Global X MSCI Argentina ETF , which offers exposure to a basket of the country's most liquid stocks, soared more than 13% on Monday and hit its highest level since September. While the South American country's markets are closed on Monday for a local holiday, U.S.-listed shares of Argentinian companies also surged in U.S. trading. The gains for the ETF came through large amounts of small trades, Todd Sohn, an ETF analyst at Strategas in New York, said. By mid-morning, the value of trading in the ETF had topped $11 million, compared with average of about $1 million a day throughout 2023. "These small country funds are ideal vehicles for small day traders who jump on events" like Sunday's presidential election in Argentina, Sohn said.

Persons: Agustin Marcarian, Argentina's Javier Milei, Todd Sohn, Sohn, Suzanne McGee, Megan Davies, Andrew Heavens Organizations: REUTERS, Argentina ETF, Management, Inc, U.S, Banco, Grupo Financiero, Thomson Locations: Buenos Aires, Argentina, American, New York, ARGT, Grupo Financiero Galicia

U.S. crude stocks rose by 3.6 million barrels in the last week to 421.9 million barrels, according to the U.S. Energy Information Administration (EIA), far exceeding analysts' expectations in a Reuters poll for a 1.8 million-barrel rise. U.S. domestic crude production stayed at a record 13.2 million barrels per day, the data showed. In an indication of strong demand, gasoline stocks saw a surprise draw of 1.5 million barrels, while diesel stocks drew more than expected at 1.4 million barrels. American Petroleum Institute figures on Tuesday had showed rising crude oil and gasoline inventories last week, according to market sources. Downward pressure on oil prices may come from the supply side, with the United States "likely at peak production for crude," while the delayed release of its oil data makes the investment situation more opaque, Evans said.

Persons: Agustin Marcarian, Brent, John Evans, PVM, Evans, Arathy Somasekhar, Paul Carsten, Sudarshan Varadhan, Laura Sanicola, Raju Gopalakrishnan, Mark Potter, Jane Merriman, Emelia, Alexandra Hudson Organizations: REUTERS, HOUSTON, . West Texas, U.S . Energy Information Administration, American Petroleum Institute, International Energy Agency, Organization of, Petroleum, Financial Times, European Union, Alexandra Hudson Our, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Denmark, U.S, China, United States, Houston, London

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsSummary Denmark could block Russian tankers in its waters -FTUS oil supply could be keeping prices down -analystInflation cools in US, UKLONDON, Nov 15 (Reuters) - Oil prices dipped on Wednesday amid signs the United States, the world's biggest oil producer, is at peak production, offsetting positive crude demand signals from top consumer China. The International Energy Agency joined the Organization of the Petroleum Exporting Countries and its allies (OPEC+) in raising oil demand growth forecasts for this year, despite projections of slower economic growth in many major countries. Downward pressure on oil prices may come from the supply side, with the United States "likely at peak production for crude," while the delayed release of oil data from the world's biggest producer makes the investment situation more opaque, Evans said. A weaker dollar can boost oil demand by making crude cheaper for buyers using other currencies.

Persons: Agustin Marcarian, Brent, John Evans, Evans, Paul Carsten, Sudarshan Varadhan, Laura Sanicola, Raju Gopalakrishnan, Mark Potter, Jane Merriman Organizations: REUTERS, LONDON, U.S, West Texas, International Energy Agency, Organization of, Petroleum, U.S . Energy Information Administration, Financial Times, European Union, Federal Reserve, U.S ., Bank of, European Central Bank, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Denmark, United States, China, London

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsNov 15 (Reuters) - Oil prices rose in early Asian trade on Wednesday on Middle East tensions and a weaker dollar, while investors focused on inventory data after a two week delay in reporting. Brent futures rose 8 cents to $82.55 a barrel by 0013 GMT, while U.S. West Texas Intermediate (WTI) crude rose 2 cents to $78.28. The U.S. Energy Information Administration (EIA) will release its first oil inventory report in two weeks on Wednesday. A weaker dollar can boost oil demand by making crude cheaper for buyers using other currencies.

Persons: Agustin Marcarian, Brent, Al Shifa, Joe Biden, Xi Jinping, Miral Organizations: REUTERS, U.S, West Texas, Tuesday U.S, U.S . Energy Information Administration, American Petroleum Institute, International Energy Agency, U.S . Federal, U.S ., Asia Pacific Economic Cooperation, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Gaza's, San Francisco

☆ Argentina's Peronists seek rebirth from ashes of economic crisis
▼ + stars: | 2023-11-14 | by ( Nicolás Misculin | ) www.reuters.com time to read: +5 min

Argentina's main political force for decades, the ruling Peronists only months ago looked down and out. It has a new front-man, Sergio Massa, who is in a tight race to win Sunday's presidential election run-off with anti-establishment outsider Javier Milei. "If Massa wins, he will build a different leadership. PERONISM: LEFT OR RIGHT? "If Massa wins, he will have to betray CFK (Kirchner): in Peronism there is no room for two commanders," said political analyst Andres Malamud.

Persons: Sergio Massa, Agustin Marcarian, Long, Juan Peron, Evita, Javier Milei, Cristina Fernandez de Kirchner, Kirchner, Alberto Fernandez, Massa, Santiago Cafiero, Fernandez, he's, Milei, Ignacio Avalos, Julia Saggini, CFK, Andres Malamud, Nicolas Misculin, Candelaria Grimberg, Lucila Sigal, Adam Jourdan, Rosalba O'Brien Organizations: CGT, of Labor, REUTERS, Voters, Peronist, Economy, Argentine, Reuters, Massa, Thomson Locations: Buenos Aires, BUENOS AIRES, Bolivia, Cuba, United States, Peronism

[1/2] People shop in a used clothing shop in Buenos Aires, Argentina May 14, 2019. Today prices are unthinkable," said Aylen Chiclana, a 22-year-old student in Buenos Aires. Beatriz Lauricio, a 62-year-old semi-retired teacher, said that she and her husband, a bus company employee, go on weekends to a clothing fair to sell old garments to make ends meet. "We simply can't buy new things. You can't buy new sneakers, you can't buy new flip-flops, you can't buy new jeans, you can't buy a shirt or a T-shirt either.

Persons: Agustin Marcarian, Javier Milei, Sergio Massa, Aylen Chiclana, Beatriz Lauricio, Lauricio, María Silvina Perasso, María Teresa Ortiz, Claudia Martini, Miguel Lo Bianco, Lucila Sigal, Adam Jourdan, Rod Nickel, Leslie Adler Organizations: REUTERS, Economy, Peronist, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Brazil, Tigre

[1/2] People shop in a used clothing shop in Buenos Aires, Argentina May 14, 2019. Today prices are unthinkable," said 22-year-old student Aylen Chiclana in Buenos Aires. Beatriz Lauricio, a 62-year-old semi-retired teacher, said that she and her husband, a bus company employee, go on weekends to a clothing fair to sell old garments to make ends meet. "We simply can't buy new things. You can't buy new sneakers, you can't buy new flip-flops, you can't buy new jeans, you can't buy a shirt or a T-shirt either.

Persons: Agustin Marcarian, Javier Milei, Sergio Massa, Aylen Chiclana, Beatriz Lauricio, We're, Lauricio, María Silvina Perasso, María Teresa Ortiz, Claudia Martini, Miguel Lo Bianco, Lucila Sigal, Adam Jourdan, Rod Nickel Organizations: REUTERS, Peronist, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Brazil, Tigre

☆ Exclusive: Inside IMF, stance hardens on Argentina as $44 bln deal skids off track
▼ + stars: | 2023-11-09 | by ( Jorgelina Do Rosario | Thomson Reuters | Jorgelina Do Rosario Is Emerging Markets Correspondent At Reuters Based In London | ) www.reuters.com time to read: +5 min

With "depleted reserves and an overvalued currency, recent economic measures are not aligned with the programme," a second source added. In an August report, the IMF said that Argentina's programme had gone off track, but allowed for changes in some goals - such as easing reserves targets - to put it back on course. It also comes at a sensitive time for the cash-strapped country, which has a review of the programme scheduled for early November. During the Oct. 30 meeting, a representative for Argentina said that the country was committed to remain current with IMF payments, one source added. Reporting by Jorgelina do Rosario in London Editing by Karin Strohecker and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Agustin Marcarian, Sergio Massa, Javier Milei, Mauricio Macri's, Jorgelina, Karin Strohecker, Matthew Lewis Organizations: Argentine, REUTERS, Monetary Fund, JPMorgan, IMF, Argentina's, Farmers, Peronist Economy, Argentina, Peronist, Thomson Locations: Argentina, Rosario, Washington, London

REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsSummary Saudi Arabia and Russia supply cuts to remain until year-endChina's refinery throughput slows from record levelsEuro zone recession fears amplified by PMI dataHOUSTON, Nov 6 (Reuters) - Oil prices edged higher on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end of the year. Russia also announced it would continue its additional voluntary cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December. Oil prices rebounded after both benchmarks lost about 6% in the week to Nov. 3, as supply concerns driven by Middle East tensions eased. A weaker dollar also helped oil prices. Lower borrowing cost is likely to boost spending and demand for crude oil.

Persons: Agustin Marcarian, John Kilduff, Giovanni Staunovo, Huw Pill, Robert Harvey, Florence Tan, Colleen Howe, Deepa Babington, Mark Potter, Christina Fincher, Bill Berkrot Organizations: REUTERS, PMI, HOUSTON, Brent, U.S, West Texas, Saudi, Investors, Bank of England, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Saudi Arabia, Russia, New York, OPEC, Gaza, U.S, China, Europe

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsSummary Saudi Arabia and Russia supply cuts to remain until year-endChina's refinery throughput slows from record levelsEuro zone recession fears amplified by PMI dataHOUSTON, Nov 6 (Reuters) - Oil prices rose on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end of the year. Russia also announced it would continue its additional voluntary cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December. Oil prices rebounded after both benchmarks lost about 6% in the week to Nov. 3. Monday's oil price gains may have been capped by an easing of crude throughput at Chinese refineries.

Persons: Agustin Marcarian, Dennis Kissler, Giovanni Staunovo, Tamas Varga, Robert Harvey, Florence Tan, Colleen Howe, David Goodman, Kirsten Donovan, Deepa Babington Organizations: REUTERS, PMI, HOUSTON, Brent, U.S, West Texas, BOK Financial, Reuters, Saudi, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Saudi Arabia, Russia, Saudi, OPEC, China’s, China, Europe

☆ Oil up 1.5% as Saudi Arabia and Russia stick to supply cuts
▼ + stars: | 2023-11-06 | by ( Robert Harvey | ) www.reuters.com time to read: +2 min

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsSummary Saudi Arabia and Russia supply cuts to remain until year-endChina's refinery throughput slows from record levelsEuro zone recession fears amplified by PMI dataLONDON, Nov 6 (Reuters) - Oil prices rose on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end of the year. Russia also announced it would continue its additional voluntary cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December. Monday's oil price gains could have been capped by an easing of crude throughput at Chinese refineries. Macroeconomic concerns persist in Europe, where Purchasing Managers' Index (PMI) data showed the slowdown in euro zone manufacturing accelerated in October.

Persons: Agustin Marcarian, Giovanni Staunovo, Tamas Varga, Robert Harvey, Florence Tan, Colleen Howe, Louise Heavens, David Goodman Organizations: REUTERS, PMI, Brent, . West Texas, Oil, Reuters, Saudi, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Saudi Arabia, Russia, OPEC, China, China’s, Europe

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsBEIJING, Nov 6 (Reuters) - Oil prices edged up on Monday as top exporters Saudi Arabia and Russia said they would stick to extra voluntary oil output cuts until the end of the year, keeping supply tight, while investors watched out for tougher U.S. sanctions on Iranian oil. Russia also announced it would continue its additional voluntary supply cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December. Sydney-based IG analyst Tony Sycamore expects oil prices to be driven by headlines from the Middle East and technical charts this week. Such sanctions often come with national security waivers, and China could still continue to import Iranian oil.

Persons: Agustin Marcarian, Brent, Suvro Sarkar, Tony Sycamore, Sarkar, Baker Hughes, Florence Tan, Colleen Howe, Shri Navaratnam, Simon Cameron, Moore Organizations: REUTERS, Rights, U.S, West Texas, Saudi, ING, DBS, U.S . House, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Rights BEIJING, Saudi Arabia, Russia, Israel, Singapore, China, Sydney, Iran, United States

☆ Oil nudges higher after Saudi Arabia, Russia stick to output cuts
▼ + stars: | 2023-11-06 | by ( Florence Tan | ) www.reuters.com time to read: +3 min

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsSINGAPORE, Nov 6 (Reuters) - Oil prices edged up on Monday after top exporters Saudi Arabia and Russia said they would stick to extra voluntary oil output cuts until the end of the year, keeping supply tight, while investors watched out for tougher U.S. sanctions on Iranian oil. Following the Saudi statement, Moscow also announced it would continue its additional voluntary supply cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December. Sydney-based IG analyst Tony Sycamore expects oil prices to be driven by headlines from the Middle East and technical charts this week. Reporting by Florence Tan and Colleen Howe Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: Agustin Marcarian, Israel, Tony Sycamore, Baker Hughes, Florence Tan, Colleen Howe, Shri Navaratnam Organizations: REUTERS, Rights, West Texas, Saudi, ANZ, U.S . House, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Rights SINGAPORE, Saudi Arabia, Russia, Moscow, Lebanon, China, Sydney, Iran, United States

☆ Argentina fuel firms aim to normalize supply after disruptions
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +1 min

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsBUENOS AIRES, Oct 31 (Reuters) - Argentina's oil refiners and producers aim to normalize supplies of motor fuels across the South American country, companies in the sector said on Tuesday, following recent disruptions to gasoline and diesel sales. Scarce supplies have forced many motorists to wait in long lines to fill up gas tanks, with some service stations rationing how much individuals could buy. A fleet of more than 4,000 trucks have increased available fuel supplies by between 10-15%, with fuel supplies also benefiting from the arrival of five tanker ships with another two on the way, according to the statement from the biggest refiners and oil producers. Also on Tuesday, the main oil workers union at Vaca Muerta, Argentina's sprawling shale oil and gas formation, said it would for now suspend a strike that had been called for Wednesday.

Persons: Agustin Marcarian, Vaca Muerta, Walter Bianchi, Miral Organizations: REUTERS, YPF, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, BUENOS AIRES, American

☆ Andrade and MacNeil take Pan Am Games spotlight
▼ + stars: | 2023-10-25 | by ( Steve Keating | ) www.reuters.com time to read: +4 min

With marquee names in short supply, Olympic champions MacNeil and Andrade commanded the Pan Am stage, the Canadian tying American Gabi Albiero for first in women's 50 metre freestyle while Andrade soared to the top of the podium in the vault. Simone Biles aside, Andrade might just be the most intriguing athlete competing in her sport in Santiago. Biles may be recognised as the greatest gymnast of all-time but Andrade is the queen of the vault, holding the Olympic, world championship and now Pan Am Games crowns on the apparatus. MacNeil's fourth win in Santiago tied the record for most gold by a Canadian swimmer at a Pan Am Games while her six total medals (four gold, a silver and bronze) also equalled a single Games national mark. Chile enjoyed their best day of the Panamerican Games scooping up three gold to push their total to five while Argentina's struggles continued.

Persons: Brazil's Rebeca Andrade, Agustin Marcarian, Rebeca Andrade, Maggie MacNeil, MacNeil, Andrade, Gabi Albiero, Simone Biles, Biles, Jordan Chiles, Zoe Miller, ”, I’m, Argentina's, Steve Keating, Lincoln Organizations: Centro, deportes colectivos, Rights, Pan American Games, Olympic, Tokyo, Pan Am, Pan, Santiago, Pan Am Games, Canadian, Aquatic, Thomson Locations: Santiago, Chile, United States, Santiago ., Antwerp, Biles, Canadian, Argentina, Grande, U.S, Mexico, Canada

☆ DiCello takes Pan Am all-around gold and sets sights on Paris
▼ + stars: | 2023-10-24 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

Brazil's Flavia Saraiva took silver on 54.565, with Jordan Chiles making it two Americans on the podium taking bronze. "Honestly any event whether it is international or our own home meets it prepares us for bigger events, especially knowing 2024 is coming up. "The biggest one we are all going for is Paris, so we'll see what happens." While all-time great Biles sat out the Pan Ams, Andrade the all-round silver medallists at the Tokyo Olympics, was expected to lead the Brazilian fight against the Americans for the all-around title. Reporting by Steve Keating in Santiago; Editing by Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

Persons: Kayla DiCello, Agustin Marcarian, Simone Biles, Rebeca Andrade, Flavia Saraiva, Jordan Chiles, DiCello's, Canada's Ellie Black, Biles, Andrade, Steve Keating, Sonali Paul Organizations: Centro, deportes colectivos, Rights, Pan Am, U.S, Paris Olympic, Ams, U.S ., U.S . Olympic, Pan Ams, Tokyo, Thomson Locations: Santiago, Chile, United States, Brazil, Antwerp, Toronto, Lima, Indianapolis, Paris

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