TOP STORIES

OIL-PRICE RALLY UNDERCUT BY SUPPLY DATA

Crude oil settled lower after flipping between gains and losses Wednesday, as renewed optimism that major oil producers could agree to scale back production competed with data showing that crude supplies are still swelling.

U.S. CRUDE OIL STOCKPILES RISE MUCH MORE THAN EXPECTED

U.S. crude oil stockpiles rose sharply for the week ended Nov. 11, while gasoline supplies also inched higher, according to data released by the Energy Information Administration.

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.

NORTH DAKOTA CRUDE-OIL OUTPUT DROPS TO MORE THAN TWO-YEAR LOW

North Dakota's crude-oil production in September dropped to the lowest level in more than two years on depressed prices, staying below the one-million-barrel-per-day mark for the second month in a row, the Department of Mineral Resources said.

DAKOTA PIPELINE'S BUILDER SEES OBSTACLES DISAPPEARING SOON

Kelcy Warren, the head of the company building the contested Dakota Access Pipeline, said Obama administration delays won't stop the pipeline from moving forward under a Trump administration, or sooner if a court intervenes.

KERRY PREDICTS TRUMP WON'T SLOW EFFORTS TO FIGHT CLIMATE CHANGE

Secretary of State John Kerry sought to reassure thousands of government delegates, climate advocates and business leaders gathered at a United Nations conference that President-elect Donald Trump won't slow global efforts to address climate change.

U.S. PRODUCER PRICES HOLD FLAT IN OCTOBER

Agauge of U.S. business prices held flat in October, suggesting inflation pressures remain mild.

U.S. INDUSTRIAL PRODUCTION FLAT IN OCTOBER

Industrial output was flat in October, as unusually warm weather depressed demand for home and office heating, but the U.S. manufacturing and mining sectors showed continued signs of stabilization.

STOCKS MOSTLY LOWER AS POSTELECTION RALLY STALLS

U.S. stocks drifted mostly lower as investors weighed the possible effects of President-elect Donald Trump's policies. Banks retraced some of their recent gains, and health-care, materials and industrials shares also slipped.

ISLAMIC STATE AFFILIATE IN AFGHANISTAN CLAIMS SUICIDE BOMBING

Islamic State's Afghan affiliate claimed responsibility for a Wednesday suicide attack that killed six people, including members of the country's secret service, in Kabul, according to the SITE Intelligence Group.

CANADIAN FACTORY SALES ROSE IN SEPTEMBERCanadian factory sales rose for a fourth straight month in September, beating expectations on strong gains in the railroad-equipment and motor-vehicle sectors.

ISRAEL'S PARLIAMENT GIVES PRELIMINARY APPROVAL TO PRO-SETTLEMENT BILL

The proposed legislation would retroactively legalize some Jewish settlements built on Palestinian land in the West Bank.

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

Oil Markets

MARKET TO OPEC: MAKE A DEAL OR PRICE ROUT RESUMES

For slumping oil prices, the upcoming OPEC meeting is seen as key, but the group's behavior is raising doubts that it is prepared to cut output enough to rebalance an oversupplied market.

Briefly Blog

5 REASONS WHY OIL PRICES COULD FALL FURTHER

Many traders and analysts believe oil markets are still glutted from the drilling boom. Growing global supply makes them vulnerable to several factors that could keep prices falling.

(END)Dow Jones Newswires

November 16, 2016 16:14 ET (21:14 GMT)

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