Bloomberg Mexico is scouring the earth to stock up on diesel fuel before market-liberalization measures take effect. Petroleos Mexicanos, the country’s state-run oil company, has been on a buying spree of about a tanker load of diesel a day from the US alone this year and recently purchased it as far afield as the United Arab Emirates and China. Mexico ...

Bloomberg Oil held near $56 a barrel as markets digested political uncertainty from Germany to the Middle East and anticipation about OPEC’s next move kept traders on the defensive. Futures slipped as much as 1.7 percent in New York after rising 2.6 percent. In Germany, the breakdown of talks to form a new government coalition raised questions about the future ...

Bloomberg Orsted A/S, the Danish company built on oil and gas extraction, will issue its first green bonds as it moves towards completing a transition to renewable energy. Orsted, which sold its oil division earlier this year, plans to offer a hybrid note due in 3017 (it’s a 1,000-year bond) and a senior unsecured bond maturing in 2029, the company ...