TOP STORIES

SAUDI, RUSSIAN ENERGY MINISTERS TO MEET BEFORE OPEC MEETING

Saudi Arabia's energy minister is set to meet with his Russian counterpart this week while OPEC's chief embarks on a global tour. OPEC is stepping up a push to cut production.

OIL PRICES BOUNCE ON HOPES OF OPEC DEAL

Oil prices settled sharply higher, bolstered by speculation that members of the Organization of the Petroleum Exporting Countries are working out the details of a proposed cut in crude output.

OBAMA ADMINISTRATION ISSUES RULES ON LIMITING METHANE

The Interior Department issued regulations to cut methane emissions from oil and natural-gas operations on federal lands, one of the last moves President Barack Obama will make on his climate agenda-which President-elect Donald Trump has vowed to dismantle.

DAKOTA PIPELINE BACKERS ASK COURT TO ORDER FINAL APPROVAL BY CORPS

The companies building the contested four-state Dakota Access Pipeline asked a federal court to intervene so they can complete the final section in North Dakota, after the Obama administration again declined to provide the needed approvals.

ISRAELI WATERS PART FOR GAS EXPLORATION

Israel launched an auction for licenses to explore 24 blocks for gas, opening its waters to major international companies but exporting to consumers in key regional markets won't be easy.

MEXICO TO AUCTION 14 ONSHORE OIL, GAS BLOCKS IN JULY

The Mexican government will put 14 oil and gas blocks up for bids in July in its seventh auction of exploration and production areas, which officials expect will draw interest from private Mexican companies.

DOW SETS ANOTHER RECORD

The Dow Jones Industrial Average notched a fourth consecutive record close, even as investors pulled back from some of the most popular post-election trades.

U.S. IMPORT PRICES FIRMING

Prices for foreign goods shipped to the U.S. rose in October, a sign of firming inflation driven by higher fuel costs.

VW, AUDI MAY FACE HIGHER COSTS FROM EMISSIONS ISSUES

Volkswagen and its Audi unit face the prospect of significantly higher costs to resolve emissions-cheating litigation in the U.S. following a recent disclosure about Audi that unleashed new consumer lawsuits.

LUNDIN MINING TO SELL AFRICA MINE STAKE FOR $1.14 BILLION

Lundin Mining agreed to sell its minority stake in African copper mine Tenke Fungurume Mining S.A. to a Chinese private-equity firm for $1.14 billion in cash.

RUSSIAN ECONOMY MINISTER DISMISSED OVER BRIBE ALLEGATIONS

Russian President Vladimir Putin dismissed Economy Minister Alexey Ulyukaev for "breach of trust," the Kremlin said on Tuesday, after a Moscow court placed the official under house arrest on bribery charges.

RUSSIA RESUMES AIRSTRIKES IN SYRIAN PROVINCES

Russia's defense minister says the strikes, which hit the provinces of Idlib and Homs, included the use of Kaliber cruise missiles.

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

Oil Markets

U.S. REFINERS FEEL THE SQUEEZE AS CRUDE OIL DISCOUNT DISAPPEARS

American refiners had benefited for years from the supply of oil coming from U.S. shale fields, but the recent drop in such output has sharply narrowed that advantage.

Oil Markets

U.S. CRUDE OIL INVENTORIES SEEN INCREASING

U.S. crude oil inventories are expected to show an increase of 1.1 million barrels in data due Wednesday from the Department of Energy, according to a survey of analysts and traders by The Wall Street Journal.

(END) Dow Jones Newswires

November 15, 2016 18:14 ET (23:14 GMT)

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