Bloomberg India is considering a plan to sell the nation’s second-largest state refiner and fuel retailer to a global oil company as it explores options to give up its controlling stake in Bharat Petroleum Corp., people with knowledge of the matter said. The government is keen to lure multinational companies in the domestic fuel retailing to boost competition and shake …

Bloomberg Exports of sanction-hit Venezuelan oil now face a new concern: a shortage of vessels willing to transport crude produced by the regime of President Nicolas Maduro. Shipowners are avoiding transporting Venezuelan oil for fear of being sanctioned and losing insurance coverage on their vessels, according to people with knowledge of the situation. The lack of vessels may take a …

Bloomberg Goldman Sachs Group Inc is throwing everything but the kitchen sink at boosting its share of the $4 trillion US market for exchange-traded funds — even mimicking one of its Wall Street foes. The bank is adopting an approach pioneered by JPMorgan Chase & Co, filing for a line of broad-based index products that could start trading at rock-bottom …