IRAN, IRAQ SOFTEN ON OPEC PRODUCTION AGREEMENT
Saudi Arabia, however, still may not be satisfied as the oil-producing nations prepare to meet in Vienna.
OPEC DISCORD SENDS OIL PRICES LOWER
Oil prices fell Tuesday, with market participants unconvinced that OPEC will reach a deal to cut production at the Wednesday meeting.
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.
LUKOIL PROFIT PLUNGES AS OIL MARKET STAGNATES
Russia's second-biggest oil producer Lukoil said profit plummeted 71% in the third quarter as weak oil prices, a lag in exportduties, and a fall in production dented earnings.
STOCKS SUBDUED BY LOWER COMMODITIES PRICES
U.S. stocks climbed higher, led by shares of health-care companies. But a fall in oil prices pressured energy shares, limiting gains in the indexes.
CORPORATE EARNINGS, U.S. GDP EXPERIENCE STOUT EXPANSIONS
Corporate profits continued to rebound in the third quarter alongside solid growth in the broader U.S. economy.
U.S. CONSUMER CONFIDENCE ROSE IN NOVEMBER
Americans' optimism about the economy came roaring back in November, hitting a nine-year high as the economy heads into the key holiday shopping season.
BMW, DAIMLER, VW AND FORD TO BUILD AUTO-CHARGING STATION NETWORK
BMW, Daimler and Volkswagen said Tuesday they plan to build together with Ford a network of hundreds of ultrafast, high-powered charging stations for electric cars in Europe.
ENERGY FIRMS STEP UP BUSINESS INVESTMENT
U.S. oil and gas companiesare slowly stepping up investment in wells and other industry building blocks for the first time in more than two years, offering a small boost to overall economic growth as the year ends.
BRAZIL'S VALE PROPOSES $250 MILLION DIVIDEND
Brazilian mining firm Vale said it will pay a $250 million dividend to shareholders as an anticipation of its 2016 mandatory payout.
CENTENNIAL RESOURCE DEVELOPMENT BUYS ADDITIONAL ENERGY ACREAGE FOR $855 MILLION
Centennial Resource Development Inc. said Monday it would buy $855 million of energy acreage and assets, as it moves to expand its footprint in its current geographic area.
BANKRUPTCY JUDGE DISMISSES INTERVENTION ENERGY CHAPTER 11 CASE
A judge on the U.S. Bankruptcy Court signed an order last week dismissing Intervention Energy's chapter 11 bankruptcy case, in response to repeated calls from lender EIG Global Energy Partners to put an end to the proceedings.
======== DOW JONES NEWSWIRES ANALYSIS AND COMMENTARY ========
IN OIL, THE BIG BET IS ON A BIG SWING
Oil traders are making an OPEC bet that's big on volatility.
FAITH IN OPEC DEAL TURNS OPTIONS TRADERS INTO OIL BULLS
Oil prices have jumped 8.7% since Nov. 14 when OPEC said its members agreed to cut output. Options players are betting on another 17% run-up in prices.
(END) Dow Jones Newswires
November 29, 2016 13:13 ET (18:13 GMT)
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