Bloomberg Oil was pulled higher by a surge in gasoline after US motor fuel supplies unexpectedly fell last week, shrugging off the biggest crude supply gain since October. Gasoline stockpiles fell 869,000 barrels, pushing refining margins more than $2 a barrel higher. Demand climbed the most in a year. Crude inventories climbed 13.8 million barrels in the week ended ...

  Bloomberg China installed almost three times more wind power than the US last year, continu- ing its clean-energy investment blitz to reduce greenhouse gas emissions and increase air quality. China led new global wind-power installations with 23.3 gigawatts, compared with 8.2 gigawatts in second-place US, according to a report published by the Global Wind Energy Council. About 54.6 gigawatts ...

  Reuters Creditors have agreed in principle to Saudi Binladin Group’s (SBG) request for a two-year extension on a 10 billion riyal ($2.7 billion) Islamic credit facility used to pay for delayed building work at the Grand Mosque in Mecca, sources said. Reuters reported last month that SBG had asked a syndicate of banks for the credit to be extended ...