Bloomberg Oil declined the most since July as Hurricane Irma threatened to slash energy demand that had only just begun to recover from the wrath of Harvey. Futures slid 3.3% in New York. While Valero Energy Corp. and other refiners resumed fuel production after Harvey roared ashore two weeks ago, demand for gasoline and other transportation fuels may falter across …

ASTANA / Reuters Kazakhstan is aiming for a standalone deal with leading global oil producers on restraining its crude production due to a need to crank up output at its Kashagan field, a Kazakh official said. The Central Asian nation increased oil and gas condensate output by 9.9 percent in January-July to 49.907 million tonnes, or 1.724 million barrels per …

ALGIERS / Reuters Algeria’s government has approved draft amendments to a law aimed at securing new funding sources to cover budget deficits as it struggles to cope with a sharp fall in energy earnings. Amendments to the Money and Credit Law were endorsed at a cabinet meeting, chaired by President Abdelaziz Bouteflika, that discussed plans for the newly appointed government …