Bloomberg Delta Air Lines Inc. increased the payouts its airport agents can offer passengers on overbooked flights, moving to prevent a public relations nightmare similar to the one plaguing United Continental Holdings Inc. Customer service agents will be able to offer passengers as much as $2,000 when they’re asked to give up a seat on an oversold flight, up ...

  Bloomberg The global oil market is moving closer to balance even as increases in US oil production push prices down in the short-term, Saudi Arabian Oil Co. Chief Executive Officer Amin Nasser said. “This is not a good indication of where the market is likely to be headed going forward, as the large new production capacity and investment we ...

  Bloomberg Wall Street banks’ growing optimism about the energy industry is the latest boost for US oil and natural gas producers already enjoying higher prices. JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup Inc. said in their first-quarter earnings results that rising oil prices have helped them free a combined $370 million they previously set aside to ...