Bloomberg Oil explorers deployed more rigs in the US this week as crude prices breached $75 per barrel for the first time since 2014. The US working oil rigs rose by five this week to 863, halting two straight weeks of declines, according to data from Baker Hughes. Shale fields in the Southwest and Great Plains accounted for most of ...

Bloomberg Reliance Industries Ltd., India’s second-largest company by market value, has been on a shopping spree this past year, with a focus on expanding the draw of its consumer offerings. Helmed by India’s richest man Mukesh Ambani, the company has struck at least 12 deals over 12 months with an estimated tab of about 289 billion rupees ($4.2 billion), according ...

Bloomberg The trade war may have just started, but China has already been making moves in the soybean world as US shipments originally destined for the nation have been cancelled or rerouted. China lowered commitments to buy 366,000 metric tons of US soybeans in the season that ends on August 31 and cut purchases by 66,000 tons in the following ...