Bloomberg Oil rose from its lowest close in a month amid estimates that while the US crude inventory glut is continuing to shrink, although refined products are growing more plentiful. Futures gained as much as 0.6 percent in New York after dropping 1 percent. US crude stockpiles are forecast to have decreased for a fourth week from a record …

  Bloomberg OPEC is certain to extend cuts in oil output when its ministers meet later in May and will need to keep limiting production until as late as the end of 2018, a veteran market analyst said. The reaction of global crude inventories to the cuts will determine how long the Organization of Petroleum Exporting Countries and allied producers …

  Bloomberg Truck Alliance Inc., an Uber-type service for trucks in China known as Huochebang, is near an agreement to raise about $156 million, people familiar with the matter said. The investment will be led by Baidu Capital, the investment arm of China’s largest search engine, and could be announced as soon as this week, said the people, who asked …