Oil Prices Take a Breather but Sentiment Remains Bullish

Crude futures moderated in early Asian trade on Friday, but market sentiment remains bullish on prices trending higher as major oil producers prepare to taper their production. (published 0340 GMT)

Oil-Price Rebound Gives Banks New Reason to Cheer -- Update

Higher oil prices stemming from OPEC's agreement to cut crude production should give some banks a boost. (published 2305 GMT Thursday)

Origin Energy's New CEO Makes Changes to Leadership Team

Origin Energy Ltd.'s new chief executive has made changes to the structure of his leadership team, including remove a layer of management from the company's energy markets business. (published 2309 GMT Thursday)

North Dakota Gov Seeks Meeting With Tribe Over PipelineStandoff -- Update

The governor of North Dakota is struggling to find a resolution to the monthslong standoff over the Dakota Access Pipeline, as harsh winter weather conditions set in and costs for public-safety continue to rise. (published 0017 GMT)

Anton Oilfield Services Raises More Than HK$220 Million Via Share Sale

Anton Oilfield Services Group said Friday it is raising more than 220 million Hong Kong dollars from selling shares to Trafalgar Trading Fund Inc., a firm incorporated in the Cayman Islands. (published 0116 GMT)

Shell to Shut Unit at Deer Park Refinery

Royal Dutch Shell PLC said it was reducing feeds and preparing to shut down a catalytic reforming unit at its Deer Park refinery near Houston so it can make a repair. (published 0411 GMT)

China Stands to Gain From Oil Cuts -- WSJ

For China's beleaguered oil sector, a deal by the Organization of the Petroleum Exporting Countries to cut output could offer a lifeline to an industry that has been hammered by low prices (published 0733 GMT)

Heard on the Street: OPEC Gains Show Talk Isn't Cheap -- WSJ

Imaginary numbers were first given that name because they were seen as silly, but now we know how useful they are. The same applies to the oil market. (published 0733 GMT)

Prospex Oil and Gas Drilling Plan Approved for Onshore Poland Well

Prospex Oil and Gas PLC said Friday the plan to drill the Boleslaw-1 well, onshore Poland, has been approved by the Polish government. (published 0737 GMT)

(END) Dow Jones Newswires

December 02, 2016 03:14 ET (08:14 GMT)

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