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.
BRAZIL'S PETROBRAS SETTLES MORE INDIVIDUAL SHAREHOLDER LAWSUITS
Brazilian state-run oil company Petró leo Brasileiro SA said it has agreed to settle 11 investor lawsuits related to corruption, the latest step toward resolving a major source of uncertainty and potential liability.
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.
SEVERNTRENT 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.
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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.
GLACIER'S RETREAT MAY HAVE BEGUN WITH A 1940S EL NIÑO 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 24, 2016 16:37 ET (21:37 GMT)
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