Oil Rises on Expectations of OPEC Deal on Production Cuts

Oil continued to rally as investors bet that OPEC members will reach a deal to cut crude production.

OPEC Likely to Reach Consensus on Output Tuesday, Delegate Says

OPEC is likely to reach a consensus over the implementation of an output-cut accord later Tuesday, a Nigerian delegate said, ahead of a crucial summit to approve the final deal next week.

Sunoco Logistics to Buy Energy Transfer

Sunoco Logistics will buy Energy Transfer Partners in a $21 billion all-stock deal that will simplify a network of pipeline firms controlled by billionaire Kelcy Warren.

Oil Hits Three-Week High on Expectations for OPEC Cut

Oil prices rose to a three-week high as investors continued to bet that the Organization ofthe Petroleum Exporting Countries will reach a production deal at the end of the month.

Canada Aims to Fully Phase Out Coal Power by 2030

Canada plans to phase out traditional coal power by 2030 and will work with the country's four remaining provinces that still burn the fuel to reach the goal, Environment Minister Catherine McKenna said.

(END) Dow Jones Newswires

November 22, 2016 07:16 ET (12:16 GMT)

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