Crude Prices Slide as Investors Cash In on Previous Gains

Oil prices edged down as investors cashed in on earlier gains and waited for a meeting of major oil producers about a proposed deal to scale back production.

IEA Sees Peak Oil Demand After 2040

Global oil demand won't stop growing before 2040 despite pledges made at the Paris climate change summit last year to cap greenhouse-gas emissions, the chief of the International Energy Agency said.

Stocks Gain, Bonds Fall as Trump Trade Continues

Global stocks continued to gain as bond prices fell, a sign that investors are still eager to buy risky assets after Donald Trump's presidential victory.

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.

Glencore Unit Made Payments to Businessman Accused of Bribery

A mining company run by Glencore in the Democratic Republic of Congo made millions of dollars in undisclosed payments to an Israeli businessman who U.S. authorities say has paid more than $100 million in bribes to Congolese officials.

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.

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.

(END) Dow Jones Newswires

November 16, 2016 07:11 ET (12:11 GMT)

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