Bloomberg Newly commissioned Permian Basin crude pipelines have yet to boost US crude exports, as the ongoing US-China trade war weighs on demand from Asia. The US Census Bureau said exports averaged 2.73 million barrels a day in August, up just 40,000 barrels from a month before. That’s despite the start of two widely anticipated crude pipelines from West Texas ...

Bloomberg Energy Secretary Rick Perry has told confidants he plans to resign from the Trump administration by the end of the year. Perry, an Air Force veteran who was previously Texas’ longest serving governor, was to spend some time in the Oval Office but hadn’t intended to tell President Donald Trump of his departure timeline. Perry’s plan to depart comes ...

Bloomberg Apple Inc has told suppliers to increase production of its latest iPhone 11 range by as much as 10% to meet stronger-than-expected sales of the new handsets, the Nikkei Asian Review reported, affirming resilient demand for the company’s most important gadget. The boost would add 7 million to 8 million units to what the Cupertino, Calif-based company had initially ...