Bloomberg The chairman of Libya’s National Oil Corp in Tripoli said he’s confident that the US and other world powers would help block authorities in eastern Libya from exporting any crude after militia captured key ports there. Forces loyal to Khalifa Haftar, a commander in the politically divided nation’s east, have handed over control of ports with a combined export …

Bloomberg South Africa’s Department of Mineral Resources has issued a moratorium on new applications for petroleum exploration and development in order to change its licensing process. The restriction won’t affect applications received before the date of publication of the notice, which appeared in the online version of the Government Gazette on June 28 and was signed by Minister Gwede Mantashe. …

Bloomberg Bank of America (BofA) is jumping on the AI bandwagon. For the first time, the bank’s currency strategists are using machine-learning programs — which enable computers to comb through vast amounts of data to draw inferences and make predictions on their own — to tell clients what to buy and sell. They began producing AI-based research last month, as …