OIL PRICES SLIP LOWER
Oil prices flipped from gains to losses Tuesday, with market participants remaining cautious as voters went to the polls for the U.S. presidential election.
OPEC WARNS OIL PRICES WILL STAY LOW FOR LONGER
Crude-oil prices will rebound much less than expected in the next four years, OPEC said, because supply and demand haven't reacted to the oil slump as strongly as expected.
AFTER PLEDGING CUTS, OPEC COUNTRIES PUMP RECORD AMOUNTS OF OIL
Major oil-producing nations are pumping at full tilt ahead of their pledge to reduce output later this month, a big reason why the oil market has given up all its recent gains.
TESLA ACQUIRES GERMAN ENGINEERING FIRM
Tesla Motors said it had reached a deal to acquire German firm Grohmann Engineering as part of efforts to boost production to 500,000 cars a year by 2018 and expand its footprint in Germany.
TOTAL TO FINANCE IRAN PROJECT WITH EUROS TO AVOID U.S. SANCTIONS
France's Total will avoid U.S. sanctions on Iran by using its own euro-denominated cash to finance the first Western energy deal in the Islamic Republic since international restrictions over its nuclear program were lifted this year.
MARKETS CALM AHEAD OF U.S. ELECTION RESULTS
U.S. stocks slipped, but markets were broadly steady as polls opened in a fractious U.S. presidential race.
U.S. SAYS ALUMINUM EXPORTS FROM CHINESE FIRM EVADED RESTRICTIONS
The Commerce Department, in a preliminary finding, said certain aluminum exports by China Zhongwang to the U.S. circumvented antidumping restrictions imposed on the company in 2010.
CANADA TO UNVEIL PANEL TO REVIEW PIPELINE REGULATOR
Canada will take its next step toward revamping pipeline oversight when it unveils as early as Tuesday a panel tasked with overhauling the country's energy regulator, according to two people familiar with the matter.
TESLA TO MAKE NEW OWNERS PAY FOR SOME RECHARGING
Electric-car maker Tesla said it would stop offering new owners of its electric vehicles unlimited access to free fast-charging stations as it approaches the launch of its new Model 3 vehicle.
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.
SUNEDISON CREDITORS SEEK APPROVAL TO PUT COMPANY LEADERS ON TRIAL
After seeking court intervention to halt a torrent of lawsuits targeting SunEdison Inc.'s leadership, creditors want a judge's permission to wage their own legal campaign over the solar power company's demise.
======== DOW JONES NEWSWIRES ANALYSIS AND COMMENTARY ========
OIL PRICES COULD FOR ONCE PROVE ELECTION SENSITIVE
For the oil price, the U.S. election trumps OPEC this week.
TRUMP, CLINTON BATTLE TO THE END
Republican Donald Trump and Democrat Hillary Clinton crisscrossed the 2016 presidential battlefield in a final effort to maximize turnout from their supporters on Election Day, providing a frantic close to an already volatile race.
(END) Dow Jones Newswires
November 08, 2016 11:17 ET (16:17 GMT)
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