Bloomberg Romania’s only bout of deflation since the fall of communism eased for the first time in five months as the base effect of a sales-tax cut last year faded, while low oil and energy prices kept price growth subdued. Consumer prices fell 0.7% in June from a year earlier after declining 3.5 percent in May, the National Statistics ...

  Bloomberg Oil dropped after U.S. producers increased the number of active rigs to the highest in 12 weeks, raising speculation output declines that have trimmed a global glut may slow. Futures fell as much as 1.3 percent in New York after rising 0.6 percent on Friday. Rigs targeting crude in the U.S. rose by 10 to 351 last week, ...

  Bloomberg Over nearly 45 years, the oil tanks at Milford Haven on the U.K. west coast have stored dozens of crude varieties: from North Sea Brent to Nigeria’s Bonny Light and almost everything in between. Now, for the first time, they are holding U.S. crude too. Trafigura Group Pte. is using Milford Haven, which can hold about 9 million ...