TOKYO / Reuters Saudi Arabia has boosted its market share in Japan, the world’s top oil exporter’s biggest Asian market, by selling more light crude to the country as a way to offset revenue lost implementing OPEC’s production cuts. Middle East crude sellers consider Japan, the world’s fourth-largest oil importer, a premium market since its refiners will pay more to ...

Bloomberg BlackRock Inc. exceeded a $1 billion fundraising target for wind and solar investments for its latest global clean energy fund, underscoring investor interest in renewable energy amid policy uncertainty in key markets. The second Global Renewable Power Fund, or GRP II, managed by BlackRock’s Real Assets closed after it raised $1.6 billion from 67 pension funds, insurance companies and ...

Bloomberg Crude oil fell, snapping the longest winning streak this year, as Russia was said to oppose any proposal to deepen OPEC-led production cuts. Futures dropped 1.7 percent in New York, snapping eight straight sessions of gains. Russia wants to continue with the current deal and any further supply curbs would send the wrong message to the market, according to ...