Funds prepare $2 billion oil market play as supply tightens

Passive investment funds are poised to shift an estimated $2 billion from far-term to near-term crude futures over the next week, anticipating an energy market rally as a historic OPEC output cut slashes supply.

South Africa Calls for Coal Efficiency as $2 Billion Lost

South Africa’s coal industry needs to boost efficiency after falling coal prices cost the nation 23 billion...

Ecuador Says China Signed $2 Billion Oil Deal to Access Crude

Ecuador’s state oil company got $2 billion of financing from China backed by future crude...