Bloomberg China’s imports of liquefied natural gas in November surged 53 percent to a record as the nation scrambles to meet fuel shortages amid peak winter demand and government’s drive to cut coal use. LNG imports rose 53 percent from the same month last year to 4.06 million metric tons, according to data posted on the website of the General …

Bloomberg Oil demand may jump in the new year as US refiners plan to take fewer units offline than last winter, freeing them up to churn out more fuel. Crude unit shutdowns in the first two months of the year are expected to be 35 percent below winter 2017, according to data from Energy Aspects Ltd. March outages are seen …

RIYADH / REUTERS Saudi Arabia aims to start talks with Washington within weeks on an agreement to allow US firms to participate in its nascent civilian nuclear energy programme, with the first tender expected in 2018, the kingdom’s energy minister said. Saudi Arabia is interested in reaching a civilian nuclear cooperation agreement with Washington, and Riyadh has invited US firms …