OIL PRICES FALL AS IEA REPORTS RECORD OPEC PRODUCTION
Oil prices settled lower after data showed record production from OPEC members while the outlook for growth in oil demand growth remained subdued, putting a lid on bullish sentiment.
OPEC OIL OUTPUT EXPECTED TO REMAIN HIGH, SAYS IEA
OPEC's oil production rose to record highs in October and is expected to remain elevated this month, a top industry watchdog said, highlighting the challenge the cartel faces in hammering out a plan to cut output later this month.
INTERIOR DEPT. ISSUES RULE FOR RENEWABLE ENERGY ON PUBLIC LAND
The Interior Department issued a regulation Thursday aimed at speeding up development of renewable energy on federal lands, one of at least five major energy rules the Obama administration is expected to release in coming weeks, even though they may be swiftly unraveled by President-elect Donald Trump.
RUSSIA WILLING TO FREEZE CRUDE PRODUCTION AT NOVEMBER LEVELS
Russian Energy Minister Alexander Novak said Moscow could freeze production at November levels and said the country still prefers a freeze to production cuts.
SHELL PLANS TO CONTINUE TO INVEST HEAVILY IN BRAZIL
Oil major Shell is planning to continue investing heavily in Brazil as part of a bid to double its global deep water production by the early 2020s.
ABENGOA'S U.S. ARM OPPOSES NEW INVESTIGATION INTO FINANCES
The U.S. arm of Spanish renewable-energy company Abengoa SA is fighting a bid by creditors to investigate its finances in the midst of its global restructuring.
CRESCENT POINT LOSS NARROWS ON COST-CUTTING EFFORTS
Crescent Point Energy reported a smaller third-quarter loss on Thursday, as cost-cutting efforts helped offset a drop in production and lower average oil and gas prices.
INDONESIA'S SINAR MAS PLANS BIG SINGAPORE IPO FOR POWER ASSETS
A conglomerate controlled by one of Indonesia's wealthiest families is planning to list power assets in an initial public offering of up to $800 million in Singapore, in what could be the exchange's biggest IPO in four years.
BRAZIL GRAFT PROBE AT RISK, PROSECUTOR SAYS
Brazilian politicians are stepping up efforts to impede the country's biggest-ever corruption probe, say prosecutors leading the investigation, as a power struggle intensifies between the country's legislative and judiciary branches.
DOW SURGES INTO RECORD TERRITORY
The Dow Jones Industrial Average hit a new intraday high, while shares of technology companies tumbled as investors bet that a Trump presidency could mean more fiscal stimulus, lower corporate taxes and higher inflation.
FED'S LACKER SAYS CASE FOR RAISING RATES REMAINS STRONG
Richmond Fed President Jeffrey Lacker said he still believes the case for raising rates is relatively strong, "even given events of this week."
FED'S YELLEN TO TESTIFY ON ECONOMIC OUTLOOK
Federal Reserve Chairwoman Janet Yellen is headed to Capitol Hill next week to testify before the Joint Economic Committee, the committee said Thursday.
======== DOW JONES NEWSWIRES ANALYSIS AND COMMENTARY ========
GUNS DOWN, BRICKS UP; WHAT'S MOVING IN MARKETS ON DONALD TRUMP'S WIN
Donald's Trump election victory sent global markets on a tumultuous ride which continues to play out across commodities, stocks, currencies and bonds. Markets are moving as investors weigh up the president-elect's past statements on trade, fiscal policy, regulation and other issues.
TRUMP, OBAMA BEGIN TRANSITION
President Barack Obama hosted President-elect Donald Trump at the White House for ameeting intended to signal that the bitter attacks of the campaign have given way to a smooth transfer of power.
(END) Dow Jones Newswires
November 10, 2016 16:14 ET (21:14 GMT)
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