OIL PRICES CLIMB AHEAD OF KEY OPEC MEETING
Crude prices settled higher as traders bet that major oil producers can reach an agreement to cut production at their meeting this week in Vienna.
HOW IRAN, RUSSIA COULD DERAIL OIL-PRODUCTION DEAL
Iran and Russia have emerged as potentially deal-breaking obstacles to cuts in global oil production as OPEC members engage in a last-minute blitz of diplomacy ahead of a meeting on Wednesday.
ENERGY FIRMS STEP UP BUSINESS INVESTMENT
U.S. oil and gas companies are slowly stepping up investment in wells and other industry building blocks for the first time in more than two years, offering a small boost to overall economic growth as the year ends.
BRAZIL'S VALE PROPOSES $250 MILLION DIVIDEND
Brazilian miningfirm Vale said it will pay a $250 million dividend to shareholders as an anticipation of its 2016 mandatory payout.
CENTENNIAL RESOURCE DEVELOPMENT BUYS ADDITIONAL ENERGY ACREAGE FOR $855 MILLION
Centennial Resource Development Inc. said Monday it would buy $855 million of energy acreage and assets, as it moves to expand its footprint in its current geographic area.
BANKRUPTCY JUDGE DISMISSES INTERVENTION ENERGY CHAPTER 11 CASE
A judge on the U.S. Bankruptcy Court signed an order last week dismissing Intervention Energy's chapter 11 bankruptcy case, in response to repeated calls from lender EIG Global Energy Partners to put an end to the proceedings.
LEAD PRODUCER, BONDHOLDERS PREPARE FOR COURTROOM SHOWDOWN
Tuesday marks the courtroom debut for a bitter legal battle between bondholders led by hedge fund GoldenTree Asset Management LP and Mr. Meyers, the founder of Dallas-based Quexco Inc.
STOCKS PULL BACK AFTER RALLYU.S. stocks finished lower, snapping the Russell 2000's longest winning streak in 20 years.
DALLAS FED MANUFACTURING REPORT SHOWS IMPROVED CONFIDENCE IN FUTURE CONDITIONS
Manufacturing activity across the Lone Star state continued to improve in November, according to a report Monday, as confidence in broader business conditions also strengthened.
SCHLUMBERGER SIGNS EARLY OIL DEAL WITH IRAN
Schlumberger, the world's largest oil driller by market value, said Sunday it had signed a preliminary deal to study an Iranian oil field, as Donald Trump's presidential victory has yet to deter U.S.-connected companies from dealing with Tehran.
SYRIA SEIZES PARTS OF ALEPPO FROM REBELS
Syrian forces and allies captured roughly a third of opposition-controlled territory in Aleppo, displacing thousands as rebel defenses crumbled in the face of a Russia-backed offensive.
======== DOW JONES NEWSWIRES ANALYSIS AND COMMENTARY ========
FAITH IN OPEC DEAL TURNS OPTIONS TRADERS INTO OIL BULLS
Oil prices have jumped 8.7% since Nov. 14 when OPEC said its members agreed to cut output. Options players are betting on another 17% run-up in prices.
OPEC MAY GIVE TRUMP ENERGY GOALS A BOOST
President-elect Donald Trump says he plans to make America energy independent. He may receive an unintended boost next week in the form of an oil production cut by OPEC, which could raise crude prices.
(END) Dow Jones Newswires
November 28, 2016 18:19 ET (23:19 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.