TIGUENTOURIN / Reuters Algeria’s state oil firm Sonatrach will exchange crude for refined products with the world’s largest oil trader Vitol, a Sonatrach official said of the rare move that aims to reduce a record fuel import bill. Vitol would receive up to 2 million barrels a month of the OPEC member’s light, sweet crude and would deliver gasoline and …

Bloomberg Morocco attracted bids from France’s Engie SA and EDF Energies Nouvelles to build 800 megawatts of solar power as the North African country seeks to curb energy imports. The French utilities, as well as Riyadh-based ACWA Power International, led groups bidding last month for engineering, procurement and construction contracts, Obaid Amrane, a member of the Moroccan Agency for Sustainable …

Bloomberg A minor tweak in the Bank of Japan’s bond purchases has emboldened investors to bet the central bank is about to wind back monetary stimulus. Going long on the yen is the biggest currency wager for AMP Capital Investors Ltd.’s Nader Naeimi. Singapore-based hedge fund Kit Trading Fund Ltd. started a bet on the yen last week, predicting the …