Bloomberg A diesel glut in Asia is encouraging traders of the fuel to ramp up cargoes from India to Europe, where stockpiles were ravaged by refinery halts and unusual weather earlier this year. Around 577,000 tonnes of the fuel already arrived this month or are en route to Europe from India’s refineries — whose supplies get sent east or west ...

Bloomberg Hess Corp tumbled the most in almost three years, wiping out $1.5 billion in market valuation, after work at the oil explorer’s most promising international investment was halted by a Venezuelan blockade. The intervention threatened to derail development of a 5 billion-barrel discovery off Guyana’s coastline that is so important to Hess’s future growth plans that it receives top ...

Bloomberg Renewable energy in Germany probably matched or beat coal power generation for the first time, aided by favorable 2018 weather that boosted wind and solar capacity. The balance of German electricity generation is a closely watched measure by the government, which has funnelled billions of euros towards boosting the renewable energy in recent years. The estimates, which showed wind, ...