Bloomberg Everyone wants a share of the world’s hottest oil market, including China’s taxman. Purchases by the country’s independent refiners, granted permission last year to buy foreign crude, have soaked up some of the global oil glut and helped revive prices after the biggest collapse in a generation. Sellers from Saudi Arabia to BP Plc have been supplying the …

  Bloomberg Metallurgical coal contracts are set for the longest run of gains since quarterly deals were introduced in 2010 as China cuts output and raises steel production. Spot prices for hard coking coal have gained more than 80 percent since the start of June to more than $150 a metric ton, surging above the third-quarter contract price of $92.50. …

  Bloomberg Genetically- modified mustard may be a step closer to becoming the first food crop in India to be approved for commercial production after a panel of scientists said it poses no risk to humans. The oilseed “does not raise any public health or safety concerns on human beings and animals with respect to overall nutritional characteristics,” the panel …