TOP STORIES

OIL PRICES RISE ON HOPES OF OUTPUT ACCORD

Oil prices were up Monday as the market recovered some of last week's losses on renewed hope that the world's major oil producers will come to an agreement regarding production cuts.

IRAN SETS FIRST ENERGY DEAL WITH WEST FOLLOWING LIFTING OF SANCTIONS

Iran is set to sign a preliminary deal with French oil giant Total to help develop an offshore gas field, the first under its new oil-contract framework with a foreign company, an oil-ministry official in Tehran said.

TESLA TO MAKE NEW OWNERS PAY FOR SOME RECHARGING

Electric-car maker Tesla said it would scale back how much new drivers could use the company's supercharging stations for free, a perk it is curtailing as it approaches the launch of its new Model 3vehicle.

CHINA DOUBLES DOWN ON COAL DESPITE CLIMATE PLEDGE

China's government plans to increase coal power capacity by as much as 20% by 2020 despite a pledge to bring down pollution levels, ensuring the commodity continues to play strong role in the country's energy sector.

GASOLINE PIPELINE IS BACK IN SERVICE AFTER DEADLY BLAST

A gasoline pipeline that exploded in Alabama last week is back in service, the company that owns it said.

STOCKS JUMP AFTER FBI FINDS NO NEW EVIDENCE TO CHARGE CLINTON

U.S. stocks jumped after the FBI said that no new evidence was found to warrant charges against Hillary Clinton.

GERMANY TO FOLLOW UP ON LATEST VOLKSWAGEN EMISSIONS FINDINGS

Germany's transport ministry said it will follow up on any findings from California regulators on possible emissions-cheating software ion some Audis.

U.S.-BACKED FORCES LAUNCH OFFENSIVE TO SEIZE ISIS'S RAQQA

U.S.-backed Kurdish and Arab forces in Syria began a long-anticipated offensive against the Islamic State-controlled city of Raqqa, an operation timed to leverage a similar push in Iraq to crush the extremist group.

OPEC CHIEF OUTLINES PROGRESS TOWARD OIL-OUTPUT-CUT DEAL

Members of the Organization of the Petroleum Exporting Countries have agreed to use a unified set of independent production data for output cuts, the group's chief said in an interview with The Wall Street Journal.

MISSISSIPPI POWER FURTHER DELAYS KEMPER PLANT; COST NEARS $7 BILLION

If the coal-fueled plant doesn't start commercial operation by Dec. 31, Mississippi Power could have to repay $250 million of previously received tax benefits.

INTEROIL SEEKS NEW PATH TO EXXON DEAL AFTER YUKON APPROVAL OVERTURNED

InterOil said a Yukon appeals court overturned approval for its tie-up with Exxon Mobil but said it will find a new path to closing the deal.

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World News

U.N. CLIMATE CHANGE CONFERENCE TURNS TO IMPLEMENTING PARIS PACT

A year after nearly 200 nations agreed to a global pact in Paris to combat climate change, a United Nations conference this week ushers in the hard work of turning the plan into action.

Business

UTILITY WARMS UP TO ELECTRIC VEHICLES

Electric utilities have been slow to electrify their truck fleets, but that may be changing. Duke Energy signed a letter of interest to buy trucks from Workhorse Group, which plans to sell plug-in electric pickup trucks in 2018.

(END) Dow Jones Newswires

November 07, 2016 11:14 ET (16:14 GMT)

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