Bloomberg Oil prices could potentially rise as much as 13 percent from current levels, though the rally may prove fleeting, according to Goldman Sachs Group Inc. Top Opec member Saudi Arabia is cutting output faster than US shale drillers can fill the gap, leaving a void in the market that may push global benchmark Brent crude to $70-$75 a barrel …

Bloomberg Arizona’s Pinnacle West Capital Corp. is kicking off the most ambitious deployment of energy storage ever announced by a US utility. Pinnacle West’s Arizona Public Service plans to add 850 megawatts of battery storage and at least 100 megawatts of new solar power by 2025, according to a statement. The company did not say how much initiative would cost. …

Bloomberg India’s property developers are finding it hard to borrow money, raising the prospect of a wave of debt defaults from the sector hitting shadow lenders that are trying to survive a funding crunch of their own. Developers have to repay about 1.29 trillion rupees a year on outstanding debt but generate less than half the amount in income that …