IRAN, IRAQ SOFTEN ON OPEC PRODUCTION AGREEMENT
Saudi Arabia, however, still may not be satisfied as the oil-producing nations prepare to meet in Vienna.
OIL PRICES SINK AHEAD OF OPEC MEETING
Oil prices settled near a two week low, with market participants unconvinced that the Organization of the Petroleum Exporting Countries will reach a deal to cut production on Wednesday.
LUKOIL PROFIT PLUNGES AS OIL MARKET STAGNATES
Russia's second-biggest oil producer Lukoil said profit plummeted 71% in the third quarter as weak oil prices, a lag in export duties, and a fall in production dented earnings.
BMW, DAIMLER, VW AND FORD TO BUILD AUTO-CHARGING STATION NETWORK
BMW, Daimler and Volkswagen said Tuesday they plan to build together with Ford a network of hundreds of ultrafast, high-powered charging stations for electric cars in Europe.
FED'S POWELL SAYS CASE FOR RAISING RATES HAS STRENGTHENED
Federal Reserve governor Jerome Powell said Tuesday that the case for raising interest rates has strengthened since the central bank's rate-setting committee met earlier this month, lending further credence to the view that the Fed will raise rates at its next meeting in December.
U.S. GDP REVISED HIGHER THAN EXPECTED
Corporate profits continued to rebound in the third quarter alongside solid growth in the broader U.S. economy. Gross domestic product expanded at a 3.2% annual pace, the strongest in more than two years.
U.S. STOCKS EDGE HIGHER
U.S. stocks climbed Tuesday, resuming their postelection rally, as gains in health-care stocks helped offset losses in the energy sector.
BRAZIL'S VALE HOPES FOR SAMARCO MINING OPERATIONS RESTART IN MID-2017
Brazilian mining giant Vale SA says it hopes to restart operations in mid-2017 at its Samarco Mineraç ã o SA joint venture, which has been shut down since a dam failure killed 19 people in November 2015.
PRAXAIR APPROACHES LINDE ABOUT RESUMING DEAL TALKS
Praxair moved to restart negotiations with Germany's Linde over a combination that would create a $60 billion industrial-gas giant, two months after previous talks dissolved.
U.S. CITES HUMAN ERROR FOR SEPTEMBER STRIKE ON SYRIA-ALIGNED FORCES
A combination of factors, including human error, led to a U.S. airstrike in Syria in September that killed a number of fighters aligned with the Syrian regime instead of Islamic State, a Pentagon report concludes.
======== DOW JONES NEWSWIRES ANALYSIS AND COMMENTARY ========
SAUDI ARABIA FACES CUTS DILEMMA AHEAD OF OPEC MEETING
Saudi Arabia enters the final day of negotiations before a crucial OPEC meeting with a stark choice: Take on the lion's share of oil-output cuts, or walk away from a deal if other producers won't help.
U.S. CRUDE-OIL STOCKPILES SEEN UP IN WEEK
Government data are expected to show that U.S. crude-oil inventories increased by 100,000 barrels in the latest week, while gasoline stockpiles are expected to show an increase of 1 million barrels, according to analysts.
(END) Dow Jones Newswires
November 29, 2016 16:17 ET (21:17 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.