Latest on Oil

Crude oil prices were volatile in Asian trade Tuesday as concerns over a stubborn global supply overhang kept prices in a tight range.

Inside Tillerson's Negotiating Style: Cozy With Power, Unbending and Theatrical

As chief of Exxon Rex Tillerson hammered out multibillion-dollar deals with government leaders of all stripes. On the other hand, a company is not a country. The Senate, which is expected to consider Mr. Tillerson's nomination on Wednesday, will weigh if this kind of expertise prepares him for the job of secretary of state.

Williams Cos. Boosts Dividend

Natural-gas pipeline company Williams Cos. and subsidiary Williams Partners LP said they planned to reset their quarterly payouts and added that the parent company would boost its ownership stake inthe limited partnership.

Entergy to Close Controversial Indian Point Nuclear Plant

Entergy has agreed to shut down New York's Indian Point nuclear plant after striking a deal with state authorities, who have long targeted the facility out of concerns for its environmental impacts and proximity to New York City.

Nuclear Plants Fall Victim to Economic Pressures

Utilities are closing U.S. nuclear-power plants as they face competition from cheaper sources of electricity and political pressure from critics.

Oil Bust Seeps Into Texas Budget

Oil and gas markets are beginning to bounce back, but a protracted downturn will have a marked impact on Texas' budget over the next two years, state finance officials said Monday.

Petrobras Bond Sale Demand Surpasses $20 Billion

Demand for a U.S. bond sale announced by Brazilian state-run oil company Petróleo Brasileiro exceeded $20 billion, a person familiar with the matter said.Chieftain Sand Files for Chapter 11 Bankruptcy

Chieftain Sand and Proppant LLC on Monday joined more than 100 other energy-related companies that resorted to bankruptcy in recent years and is now seeking a buyer.

FBI Arrests Volkswagen Executive in Emissions-Cheating Scandal

VW executive Oliver Schmidt is suspected of participating in a conspiracy to defraud the U.S. in connection with the company's emissions-cheating scandal.

U.S. Oil-Rig Count Climbs by Four

The number of rigs drilling for oil in the U.S. rose by four in the past week to 529, oil-field services company Baker Hughes Inc. said Friday

Venezuela's Oil Company Sued Over Latest Citgo Deal

Petróleos de Venezuela is facing new legal action from North American multinationals over financial maneuvers they say are designed to shield the state-owned oil giant's U.S. assets from seizure.

(END) Dow Jones Newswires

January 10, 2017 04:15 ET (09:15 GMT)

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