Cuxhaven / DPA “Ten minutes of playtime for the captain!” announces Commander Markus Venker over the ship-wide loudspeaker system. Actually, it’s a warning for the crew to hold on very tight. Then Venker, captain of the newest and most modern ship in the German Navy, shows what his big baby can do in clear weather but rough seas off …

  Bloomberg OPEC appears to have persuaded investors that it’s making good on promised production cuts. Money managers are the most optimistic on West Texas Intermediate oil prices in at least a decade as the Organization of Petroleum Exporting Countries and other producers reduce crude output. Saudi Arabia has said more than 80 percent of the targeted reduction of 1.8 …

  Bloomberg In the increasingly competitive world of Japan’s energy market, there may be safety in numbers. Gas sellers from the nation’s smaller utilities to even its biggest oil refiner are considering clubbing together to get cheaper fuel from their suppliers and help them undercut competitors in the 2.4 trillion yen ($21 billion) retail gas market, which the country is …