OIL FALTERS DESPITE IRAQ'S PROMISE OF PRODUCTION CUTS
Oil prices inched lower with a surging dollar outweighing a public commitment from Iraq's oil minister to cut production along with OPEC.
U.S. OIL-RIG COUNT UP BY THREE IN LATEST WEEK
The number of rigs drilling for oil in the U.S. rose by three in the past week to 474, according to oil-field services company Baker Hughes Inc.
U.S. CRUDE OIL INVENTORIES SURPRISINGLY DECLINE
U.S. crude oil stockpiles unexpectedly fell for the week ended Nov. 18, while gasoline supplies climbed, according to data released Wednesday by the Energy Information Administration.
EPA COMPLETES RULE REQUIRING MORE ETHANOL BLENDED INTO 2017 GASOLINE SUPPLY
Federal regulators finalized a rule Wednesday that raises the amount of ethanol refineries must blend into the nation's gasoline supply, providing a boost to ethanol companies and drawing criticism from an oil industry that opposes higher levels.
POTASH CORP. PLANS JOB, OUTPUT CUTS
Potash Corp. of Saskatchewan Inc. said it would cut 140 jobs at its Cory potash mine and curtail production at two other operations in its home province.
IRAN'S KHAMENEI THREATENS RESPONSE IF U.S. EXTENDS SANCTIONS
Iranian Supreme Leader Ayatollah Ali Khamenei threatened an unspecified response if the U.S. extends sanctions for another 10 years, days after the House of Representatives voted in favor of an extension.
SEVERN TRENT INCREASES BID FOR DEE VALLEY TO FEND OFF ANCALA
Severn Trent PLC late Wednesday increased its offer for Dee Valley Group PLC to £ 84.0 million from £ 78.5 million as it competes with Ancala Fornia Ltd., for the water company.
MINUTES SHOW FED SPLIT BUT READY FOR RATE INCREASE 'SOON'
Federal Reserve officials said an interest-rate increase was possible "relatively soon" if incoming data continued to show an improving economy, with some explicitly calling for a move in December.
STOCKS CALM AFTER DOW RECORD
U.S. stocks were mixed Wednesday as markets stabilized the day after the Dow industrials closed above 19000 for the first time in history.
U.S. DURABLE GOODS POST BIGGEST JUMP IN A YEAR
Demand for long-lasting manufactured goods rose 4.8% in October, the fastest pace in a year, a sign the U.S. factory sector has begun to stabilize.
U.S. CONSUMER SENTIMENT ROSE AMID TRUMP'S ELECTION
A measure of consumer sentiment improved in November, a sign of rising confidence in the economy during the final stretch of a turbulent presidential campaign that culminated in the election of Donald Trump-and its immediate aftermath.
MEXICAN ECONOMY PICKED UP PACE IN THIRD QUARTER
Mexico's economic growth accelerated in the third quarter, with growth in services continuing to offset weakness in industrial production.
======== DOW JONES NEWSWIRES ANALYSIS AND COMMENTARY ========
CAUTIOUS REACTIONS TO DONALD TRUMP'S 'OPEN MIND' CLIMATE COMMENTS
President-elect Trump's comment this week that he will have "an open mind" about a global climate-change deal, after saying unequivocally on the campaign trail he would cancel it, is prompting cautious reactions among backers and detractors of the global accord.
Heard on the Street
COMMODITIES STILL FACE IRON LAWS OF SUPPLY AND DEMAND
Investors should watch miners' 2016 results carefully to see whether firms take the bait of higher prices and let capital expenditures drift up again.
(END) Dow Jones Newswires
November 23, 2016 16:30 ET (21:30 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.