Oil Prices Climb Ahead of Key OPEC Meeting

With OPEC members heading toward a possible showdown this week at their meeting in Vienna, crude prices rallied as traders bet that major oil producers can still reach an agreement to cut production.

How Iran, Russia Could Derail Oil-Production Deal

Iran and Russia have emerged as potentially deal-breaking obstacles to cuts in global oil production as OPEC members engage in a last-minute blitz of diplomacy ahead of a meeting on Wednesday.

Indonesia May Not Join OPEC Production Cuts

The country's oil minister, the first to arrive ahead of Wednesday's meeting, sounded a pessimistic note about the gathering, saying that his country hadn't decided whether to join production cuts and that he had "a mixed feeling" about the gathering's outcome.

New Milestone: The U.S. Is Now a Net Exporter of Natural Gas

In November-as well as for a short period in September-the U.S. shipped out more gas than it brought in, further evidence of how the domestic oil and gas boom is reshaping the global energy business.

Saudi Arabia Faces Cuts Dilemma Ahead of OPEC Meeting

Saudi Arabia enters the final day of negotiations before a crucial OPEC meeting with a stark choice: Take on the lion's share of oil-output cuts, or walk away from a deal if other producers won't help.

(END) Dow Jones Newswires

November 29, 2016 07:15 ET (12:15 GMT)

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