Bloomberg Oil held gains in New York after rising above $60 a barrel for the first time in a year as a deepening energy crisis in the US disrupted crude production and forced the shutdown of some of the nation’s biggest refineries. As much as 1.7 million barrels a day of oil output has halted and deliveries via pipeline suspended …

VIENNA / WAM The OPEC Fund for International Development (OFID) has signed a $20 million public sector loan agreement with Kenya to increase regional connectivity, enhance trade and improve the socio-economic welfare of about 1.6 million people. The loan will finance the upgrading of the 90 km Samatar – Wajir Road, a part of the North and North-Eastern Development Initiative …

Bloomberg Germany wants to make a deal with the US in order to complete the controversial Nord Stream 2 gas project that has caused friction between the two countries. The 1,230-kilometre (764-mile) gas pipeline that’ll bring the fuel from Russia to Germany has been a persistent source of trans-Atlantic friction. Its construction was halted for a year after the US …