Oil Prices Edge Higher
Oil prices edged higher Tuesday amid positive sentiment for an expected Hillary Clinton victory in the U.S. presidential election.
OPEC Says Non-OPEC Supply to Fall Until End Next Year
Crude-oil prices will rebound much less than expected in the next four years, OPEC said, forecasting that oil demand won't rise as quickly as once thought and petroleum supplies will be resilient.
Total to Use Euro Cash Reserves to Finance Iran Project
France's Total will avoid U.S. sanctions on Iran by using its own euro-denominated cash to finance the first Western energy deal in the Islamic Republic since international restrictions over its nuclear program were lifted this year.
Blackstone Ends Southeast Asia Venture as Oil Deals Dry Up
Blackstone Group scrapped Southeast Asian venture Tamarind Energy after it couldn't find attractive deals in the region.
China Doubles Down on 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.
Iran to Sign $6 Billion Gas-Field Deal With Total, CNPC
Iran plans to sign a $6 billion deal with Total to help develop an offshore gas field, potentially the first Western energy investment there since international sanctions were lifted this year.
(END) Dow Jones Newswires
November 08, 2016 07:16 ET (12:16 GMT)
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