Oil Falls to Three-Week Low on Rising U.S. Output
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Oil prices resumed losses Friday, falling to three-week lows, after rising U.S. production and President Trump's withdrawal from the Paris Climate Accord helped reignite a recent selloff.
Qatar's Rift With Saudi Arabia Could Turn Up Heat on Oil and Gas Prices
Any political tension between major Middle Eastern energy-producing nations usually leads to a spike in global oil prices. But as the spat between Qatar and neighboring countries escalates, traders in the world's gas markets will be on high alert too.
Saudi Arabia, U.A.E., Bahrain and Egypt Cut Ties With Qatar
Four Arab states cut off diplomatic ties with Qatar, accusing their neighbor of meddling in their internal affairs and backing terrorism.
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Head of Venezuelan State Oil Company PdVSA to Leave Firm
The head of state-run Petróleos de Venezuela SA, Eulogio del Pino, is leaving the company to run for a special assembly charged with redrafting the country's constitution, according to a person familiar with the matter.
Paris Pact Pullout May Complicate U.S. Trade Efforts
President Donald Trump's move to withdraw from a global climate accord runs the risk of creating new irritants between the U.S. and its trading partners.
New York Attorney General Alleges Exxon Misled Investors on Climate
New York's attorney general alleged in court papers Friday that Exxon Mobil may have misled investors about how it accounts for the impact of climate change on its operations by using internal estimates that differed from its public statements.
Sunrun Opens Probe into Alleged Manipulation of Sales Data
Executives at solar energy giant Sunrun have asked the company's board of directors to independently review claims by former employees that they were manipulating sales data around the time of Sunrun's initial public offering.
U.S. Oil-Rig Count Climbs to 733
The number of rigs drilling for oil in the U.S. rose by 11 in the past week to 733, according to oil-field services company Baker Hughes Inc.
U.S. States Defy Trump's Climate Pact Withdrawal
A day after President Donald Trump's decision to pull out of the Paris climate accord, states and cities around the country are vowing to adhere to their own aggressive climate policies, independent of the federal government.
Tillerson Urges Climate Decision 'Perspective'
Secretary of State Rex Tillerson, who had urged President Donald Trump not to leave the Paris climate accord, said the U.S. would continue to reduce its greenhouse gas emissions.
(END) Dow Jones Newswires
June 05, 2017 11:15 ET (15:15 GMT)