TOP STORIES

OIL PRICES FALL AS IEA REPORTS RECORD OPEC PRODUCTION

Oil prices fell after the International Energy Agency reported record production from OPEC members and subdued expectations for demand growth.

OPEC OIL OUTPUT EXPECTED TO REMAIN HIGH, SAYS IEA

OPEC's oil production rose to record highs in October and is expected to remain elevated this month, a top industry watchdog said, highlighting the challenge the cartel faces in hammering out a plan to cut output later this month.

CARLYLE HEDGE FUND'S $400 MILLION AFRICAN-REFINERY INVESTMENT DISAPPEARS

A Carlyle Group LP hedge fund has lost the $400 million it invested last year in a Moroccan oil-refinery deal, according to a securities filing and people familiar with the matter.

PETROBRAS POSTS BIG LOSSON WRITE-DOWNS

Brazilian state-run oil company Petró leo Brasileiro reported a massive net loss in the third quarter due to billions of dollars in write-downs, the latest unexpected blow to a company that investors had hoped was turning a corner after years of struggles.

INTERIOR DEPT. ISSUES RULE FOR RENEWABLE ENERGY ON PUBLIC LAND

The Interior Department issued a regulation Thursday aimed at speeding up development of renewable energy on federal lands, one of at least five major energy rules the Obama administration is expected to release in coming weeks, even though they may be swiftly unraveled by President-elect Donald Trump.

RUSSIA WILLING TO FREEZE CRUDE PRODUCTION AT NOVEMBER LEVELS

Russian Energy Minister Alexander Novak said Moscow could freeze production at November levels and said the country still prefers a freeze to production cuts.

SHELL PLANS TO CONTINUE TO INVEST HEAVILY IN BRAZIL

Oil major Shell is planning to continue investing heavily in Brazil as part of a bid to double its global deep water production by the early 2020s.

ABENGOA'S U.S. ARM OPPOSES NEW INVESTIGATION INTO FINANCES

The U.S. arm of Spanish renewable-energy company Abengoa SA is fighting a bid by creditors to investigate its finances in the midst of its global restructuring.

CRESCENT POINT LOSS NARROWS ON COST-CUTTING EFFORTS

Crescent Point Energy reported a smaller third-quarter loss on Thursday, as cost-cutting efforts helped offset a drop in production and lower average oil and gas prices.

INDONESIA'S SINAR MAS PLANS BIG SINGAPORE IPO FOR POWER ASSETS

A conglomerate controlled by one of Indonesia's wealthiest families is planning to list power assets in an initial public offering of up to $800 million in Singapore, in what could be the exchange's biggest IPO in four years.

BRAZIL GRAFT PROBE AT RISK, PROSECUTOR SAYS

Brazilian politicians are stepping up efforts to impede the country's biggest-ever corruption probe, say prosecutors leading the investigation, as a power struggle intensifies between the country's legislative and judiciary branches.

DOW SURGES TO RECORD

The Dow Jones Industrial Average closed at a record Thursday, adding more than 200 points to its election-week rally as investors scooped up shares of large banks and manufacturers.

======== DOW JONES NEWSWIRES ANALYSIS AND COMMENTARY ========

Markets Main

GUNS DOWN, BRICKS UP; WHAT'S MOVING IN MARKETS ON DONALD TRUMP'S WIN

Donald's Trump election victory sent global markets on a tumultuous ride which continues to play out across commodities, stocks, currencies and bonds. Markets are moving as investors weigh up the president-elect's past statements on trade, fiscal policy, regulation and other issues.

Election 2016

TRUMP, OBAMA BEGIN TRANSITION

President Barack Obama hosted President-elect Donald Trump at the White House for a meeting intended to signal that the bitter attacks of the campaign have given way to a smooth transfer of power.

(END) Dow Jones Newswires

November 10, 2016 18:14 ET (23:14 GMT)

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