Bloomberg China freed the most prominent dissident jailed under President Xi Jinping, drawing further attention to the country’s human-rights record amid an international outcry over the death of Nobel laureate Liu Xiaobo. Xu Zhiyong, 44, founder of the New Citizens’ Movement, was released on Saturday after completing a four-year prison sentence for gathering a crowd to disturb the public order, ...

Bloomberg New York gasoline traders have figured out something the rest of the oil world is dying to know how to do: balance the market. Mid-Atlantic gasoline supplies are now more than 5 million barrels lower than year-ago levels, an impressive decline considering stockpiles in the region swelled to 42.3 million in February — the highest level in government records ...

Bloomberg Crude oil inventories will decline at a faster pace worldwide in the second half of the year as demand increases and OPEC members comply better with a global agreement to cut output, Kuwait’s OPEC Governor Haitham al-Ghais said. The Organization of Petroleum Exporting Countries and other major producers including Russia agreed in May to extend their supply-cuts deal through ...