OIL DOWN ON DOUBTS ABOUT OPEC'S ABILITY TO DELIVER CUTS
Oil prices dropped to a six-week low, extending a week-long slide after the dollar rallied higher and skepticism grew stronger about production cuts from the Organization of the Petroleum Exporting Countries.
BIG OIL CEOS PLEDGE $1 BILLION TO FUND LOW-CARBON TECHNOLOGY
Ten of the world's biggest oil companies plan to invest an average of $100 million annually over the next 10 years in low-carbon technologies, the companies said.
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.
U.S. PAYROLLS RISE 161,000; WAGE GAINS JUMP
Hiring by U.S. employers remained healthy in October as wage growth accelerated to its strongest pace since the recession. The jobless rate ticked down to 4.9%.
U.S. STOCKS STEADY AFTER JOBS REPORT
U.S. stocks bounced around the flatline Friday as traders said data signaling solid momentum in the labor market took a back seat to positioning ahead of a tight U.S. presidential election.
U.S. TRADE GAP SHRANK 9.9% IN SEPTEMBER
The trade gap in goods and services shrank 9.9% in September from a month earlier to a seasonally adjusted $36.44 billion, the smallest deficit since February 2015.
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 BURN
Colonial Pipeline is repairing itsdamaged 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 Petró leos 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.
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.
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.
IRANIAN COURT JAILS ANTI-SAUDI PROTESTERS
Demonstrators convicted of storming Saudi diplomatic missions in Iran after the kingdom executed a prominent Shiite cleric receive prison terms of up to six months.
======== DOW JONES NEWSWIRES ANALYSIS AND COMMENTARY ========
FORMER SAUDI OIL MINISTER HIGHLIGHTS TOUGH ROAD AHEAD FOR OPEC
Former Saudi Oil Minister Ali al-Naimi broke his silence six months after his abrupt departure from his job, revealing more about his failure to forge an agreement to cut output at a 2014 OPEC meeting.
LOW ELECTRICITY PRICES DIM POWER PLANT OPERATOR PROFITS
Low electricity prices are making it less profitable to be a power plant operator.
(END) Dow Jones Newswires
November 04, 2016 12:09 ET (16:09 GMT)
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