TOP STORIES

OIL FALTERS DESPITE IRAQ'S PROMISE OF PRODUCTION CUTS

Oil prices inched lower with a surging dollar outweighing a public commitment from Iraq's oil minister to cut production along with OPEC.

U.S. OIL-RIG COUNT UP BY THREE IN LATEST WEEK

The number of rigs drilling for oil in the U.S. rose by three in the past week to 474, according to oil-field services company Baker Hughes Inc.

U.S. CRUDE OIL INVENTORIES SURPRISINGLY DECLINE

U.S. crude oil stockpiles unexpectedly fell for the week ended Nov. 18, while gasoline supplies climbed, according to data released Wednesday by the Energy Information Administration.

EPA COMPLETES RULE REQUIRING MORE ETHANOL BLENDED INTO 2017 GASOLINE SUPPLY

Federal regulators finalized a rule Wednesday that raises the amount of ethanol refineries must blend into the nation's gasoline supply, providing a boost to ethanol companies and drawing criticism from an oil industry that opposes higher levels.

POTASH CORP. PLANS JOB, OUTPUT CUTS

Potash Corp. of Saskatchewan Inc. said it would cut 140 jobs at its Cory potash mine and curtail production at two other operations in its home province.

IRAN'S KHAMENEI THREATENS RESPONSE IF U.S. EXTENDS SANCTIONS

Iranian Supreme Leader Ayatollah Ali Khamenei threatened an unspecified response if the U.S. extends sanctions for another 10 years, days after the House of Representatives voted in favor of an extension.

SEVERN TRENT INCREASES BID FOR DEE VALLEY TO FEND OFF ANCALA

Severn Trent PLC late Wednesday increased its offer for Dee Valley Group PLC to £ 84.0 million from £ 78.5 million as it competes with Ancala Fornia Ltd., for the water company.

ECONOMIC RESILIENCE BOLSTERS PROSPECTS FOR DECEMBER RATE RISE

The U.S. economy is showing strength in key sectors, offering the Federal Reserve the comfort it has sought to raise short-term interest rates in December.

U.S. STOCKS HIT FRESH HIGH

Gains in industrial and financial companies helped the Dow industrials and S&P 500 edge to fresh highs, while the Nasdaq Composite eased slightly ahead of the Thanksgiving holiday.

U.S. DURABLE GOODS POST BIGGEST JUMP IN A YEAR

Demand for long-lasting manufactured goods rose 4.8% in October, the fastest pace in a year, a sign the U.S. factory sector has begun to stabilize.

MEXICAN ECONOMY PICKED UP PACE IN THIRD QUARTER

Mexico's economic growth accelerated in the third quarter, with growth in services continuing to offset weakness in industrial production.

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Washwire Blog

CAUTIOUS REACTIONS TO DONALD TRUMP'S 'OPEN MIND' CLIMATE COMMENTS

President-elect Trump's comment this week that he will have "an open mind" about a global climate-change deal, after saying unequivocally on the campaign trail he would cancel it, is prompting cautious reactions among backers and detractors of the global accord.

World News

GLACIER'S RETREAT MAY HAVE BEGUN WITH A 1940S EL NIÑ O EVENT

The retreat of the Pine Island Glacier in Antarctic may have had its roots in a melting process that scientists say dates to the 1940s, new research has found.

(END) Dow Jones Newswires

November 23, 2016 18:16 ET (23:16 GMT)

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