Bloomberg Oil traded near the highest closing level in more than two weeks on estimates that US crude inventories fell and as the prospect of a new US-Mexico trade pact spurred wider financial-market optimism. Futures held near $69 a barrel in New York as President Donald Trump said the US is pursuing a new trade accord with Mexico to replace …

SANTIAGO / WAM Abdul Razzaq Mohamed Hadi, UAE Ambassador to Chile, met with Susana Jimenez, Minister of Energy of Chile, and Francisco Chahuan, member of the Chilean Senate and Chairman of the UAE-Chilean Parliamentary Friendship Group. During the meeting, the two sides discussed ways to enhance cooperation and mutual investment with Chile in the renewable energy sector and the possibility …

Bloomberg Total SA’s withdrawal from Iran’s giant South Pars gas field has given China another chance to secure a stake in the world’s most coveted energy assets: abundant and low-cost Middle Eastern oil and gas. Chinese companies have invested in Iraq, the United Arab Emirates and Iran in recent years, and have expressed interest in oil and gas projects in …