LONDON / Reuters Global energy trader Mercuria Group has agreed to take an interest in the oil refining system of China’s ChemChina, sources familiar with the matter said. As part of the deal, state-run ChemChina would increase its stake in Mercuria, one of the world’s largest oil trading firms. ChemChina already holds a 12 percent stake in the Swiss-based company …

Reuters Most Gulf stock markets rose on Sunday due to firm oil prices and relief that the weekend’s military attack on Syria was relatively limited in scope and there was no immediate retaliation. The United States, France and Britain launched 105 missiles after a suspected poison gas attack in Syria a week earlier. The strikes were limited to three alleged …

Bloomberg Oil prices, already at more than three-year highs, may be about to jump further. And, to JPMorgan Chase & Co., crude-related assets are starting to look attractive. Brent oil could spike to $80 a barrel if the US and European Union reimpose sanctions on Iran and as Western powers expand the scope of the Syrian civil war, JPMorgan strategists, …