Bloomberg Gazprom PJSC’s profit jumped to the highest in three years as natural gas sales to Europe surged. Unexpectedly cold weather from Germany to the UK boosted Russia’s gas sales into the region by 8 percent in the first three months of the year. That along with stronger prices helped lift income for the nation’s gas-pipeline monopoly. The results may …

Bloomberg The US shale surge is crashing headlong into a barrage of bottlenecks. From West Texas pipelines to Oklahoma storage centers and Gulf Coast export terminals, the delivery system for American crude is straining to keep up with soaring production. That’s limiting the industry’s ability to take full advantage of growing worldwide demand, with US barrels forced to take an …

Bloomberg Stocks rose along with Treasury yields as investors deemed the market reaction to Italy’s political turmoil overwrought. The dollar slipped and oil rose. The S&P 500 Index headed for the first gain in four days as US 10-year yields pushed above 2.84 percent, boosting financial shares that had sold off on Tuesday as worries about Italy leaving the euro …