TOP STORIES

Oil Prices Rise Ahead of U.S. Election

Oil prices were up Monday as the market recovered some of last week's losses on brighter market sentiment and renewed hope that Hillary Clinton can secure the U.S. presidency when voters go to the polls on Tuesday.

New Discovery Broadens VW Emissions-Cheating Crisis

Regulators in California recently discovered software installed on some of Volkswagen's Audi models that appears to have allowed the cars to cheat carbon-dioxide emissions testing standards.

U.N. Climate Change Conference Turns to Implementing Paris Pact

A year after nearly 200 nations agreed to a global pact in Paris to combat climate change, a United Nations conference this week ushers in the hard work of turning the plan into action.

China Doubles Downon Coal Despite Climate Pledge

China's government plans to increase coal power capacity by as much as 20% by 2020 despite a pledge to bring down pollution levels, ensuring the commodity continues to play strong role in the country's energy sector.

OPEC Chief Outlines Progress Toward Oil-Output-Cut Deal

Members of the Organization of the Petroleum Exporting Countries have agreed to use a unified set of independent production data for output cuts, the group's chief said in an interview with The Wall Street Journal.

Proxy Service ISS Endorses Proposed Tesla, SolarCity Deal

The proposed merger of Tesla Motors Inc. and SolarCity Corp. has received an endorsement from an influential shareholder proxy service, an important show of confidence for entrepreneur Elon Musk's plan ahead of a Nov. 17 vote.

Former Saudi Oil Minister Highlights Tough Road Ahead for OPEC

Former Saudi Oil Minister Ali al-Naimi broke his silence six months after his abrupt departure from his job, revealing more about his failure to forge an agreement to cut output at a 2014 OPEC meeting.

InterOil Seeks New Path to Exxon Deal After Yukon Approval Overturned

InterOil said a Yukon appeals court overturned approval for its tie-up with Exxon Mobil but said it will find a new path to closing the deal.

U.S. Oil-Rig Count Rises by Nine

The number of rigs drilling for oil in the U.S. rose by nine in the past week to 450, according to oil-field services company Baker Hughes Inc.

Big Oil CEOs Pledge $1 Billion to Fund Low-Carbon Technology

Ten of the world's biggest oil companies plan to invest an average of $100 million annually over the next 10 years in low-carbon technologies, the companies said.

EDF Warns on Profit After Plant Suspension Is Extended

State-controlled power utility Electricite de France issued a profit warning for the second time in less than two months after nuclear-plant outages were extended by the regulator, weighing on the company's share price.

C&J Energy's Executive Bonuses Win Bankruptcy Court Approval

C&J Energy Services Ltd. on Friday won bankruptcy court approval to pay senior executives up to $6.5 million in bonuses.

Strong Wage Growth Highlights Steady Labor-Market Gains

Hiring by U.S. employers remained healthy in October as wage growth accelerated to its strongest pace since the recession. The jobless rate ticked down to 4.9%.

U.S. Trade Gap Shrank 9.9% in September

The trade gap in goods and services shrank 9.9% in September from a month earlier to a seasonally adjusted $36.44 billion, the smallest deficit since February 2015.

Las Vegas Resort Reopens After Power Outage, Evacuations

Electricity was restored and a major hotel at the heart of the Las Vegas Strip reopened after a complete blackout and overnight evacuation blamed on damage to the main basement electric line.

(END) Dow Jones Newswires

November 07, 2016 07:22 ET (12:22 GMT)

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