Oil Down on Doubts About OPEC's Ability to Deliver Cuts

Oil prices fell again on Friday amid growing skepticism of a workable deal by the Organization of the Petroleum Exporting Countries to cut production and as the U.S. market remains oversupplied.

EDF Warns on Profit After Plant Suspension Is Extended

State-controlled power utility Electricite de France issued a profit warning for the second time in less than two months after nuclear-plant outages were extended by the regulator, weighing on the company's share price.

OPEC Optimistic on Oil Output Deal by End of November

After several days of falling oil prices, OPEC expressed confidence it would finalize an agreement to curb output this month.

Colonial Hopes to Reopen Pipeline Soon as Fires Still BurnColonial Pipeline is repairing its damaged fuel pipeline and said the line could be restarted as soon as Saturday, but a small fire from the explosion continues to burn for the fourth day.

Mexico's Pemex Stakes Future on Partnerships

Mexico's national oil company Petróleos Mexicanos will seek partners across all of its business lines as it aims to restore declining output and shore up its finances, officials said a presentation of the company's five-year business plan

Chesapeake Energy Results Not as Bad as Feared

Chesapeake Energy Corp. said its third-quarter loss narrowed thanks to lower costs that helped offset a drop in revenue on reduced production and low commodities prices.

Creditors Seek to Clamp Down On SunEdison Lawsuits

Creditors of SunEdison are elbowing their way to the front of the crowd of those suing the failed solar power developer's current and former leaders.

Canadian Natural Posts Third Straight Quarterly Loss

Canadian Natural Resources Ltd. posted its third consecutive quarterly loss on Thursday, blaming low oil prices and production cuts from natural gas pipeline outages and planned maintenance at a crude processing facility

Shoreline Energy Enters Chapter 11 Protection With Sale Plans

Texas oil and gas explorer Shoreline Energy LLC sought chapter 11 protection after hammering out a sale strategy with top creditors.

Productivity Jumped in Third Quarter

U.S. worker productivity advanced at the best rate in two years during the third quarter, but the broader trend remains consistent with a decade-long decline.

Enbridge Posts Smaller Loss

Enbridge reported a smaller third-quarter loss on stronger contributions from its liquids pipelines operations as expansion projects came into service and deliveries recovered from wildfires in Alberta.

Encana Swings to Profit

Encana posted a third-quarter profit as cost-cutting efforts helped the oil and gas producer offset lower production.

(END) Dow Jones Newswires

November 04, 2016 07:52 ET (11:52 GMT)

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