Bloomberg Oil steadied after the biggest loss in more than a week as OPEC’s hints at extending output cuts fanned optimism and investors anticipated a drop in US stockpiles. Futures in New York were little changed after losing 1.7 percent. Kuwait said the Organization of Petroleum Exporting Countries and allied producers will discuss prolonging an agreement to curb oil output …

FRANKFURT / Reuters Investment in new European wind farms and equipment is expected to increase this year after a sharp drop in 2017, helped by several large project auctions, according to a major industry body. Spending is forecast to rise 4 percent to 23.2 billion euros ($28.7 billion), WindEurope said in its financing report, after a 19-percent decline in 2017 …

Oran / Reuters Eni plans “billions” of investments in Algeria over the next three years, the company’s CEO said on Tuesday, as the Italian energy firm said it had agreed to extend its partnership with Algerian state firm Sonatrach. “We need to invest more because Algeria still has a lot of gas,” Eni CEO Claudio Descalzi told anenergy conference in …