Oil and gas industry

Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Nov. 16, 2017. Asian stock markets were mostly firm on Thursday and oil prices were steady, despite a second straight day of losses on Wall Street overnight. (AP Photo/Ahn Young-joon)
November 16, 2017 - 7:49 am
SEOUL, South Korea (AP) — Global stocks rose Thursday, but analysts said it was too early to say markets had stabilized after a week of turbulent trading. Apart from persisting worries over prospects for a U.S. tax overhaul and doubts over the pace of rate hikes by the Federal Reserve, market-...
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Specialist Mario Picone works at his post on the floor of the New York Stock Exchange, Wednesday, Nov. 15, 2017. U.S. stocks declined in early trading Wednesday as investors weighed a batch of economic data and company earnings. (AP Photo/Richard Drew)
November 15, 2017 - 3:39 pm
Technology companies led a broad slide for U.S. stocks in late-afternoon trading Wednesday, placing the market on course to extend losses from a day earlier. Consumer-focused companies also were big decliners. Energy stocks fell as the price of crude oil closed lower a day after its biggest loss...
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November 15, 2017 - 11:20 am
JOHANNESBURG (AP) — Angola's new leader has removed the daughter of former President Jose Eduardo dos Santos as chair of the state-owned oil company, the government announced Wednesday, in a surprise move that appeared to assert independence from one of Africa's longest-ruling families. President...
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FILE - In this Friday, Nov. 3, 2017, file photo, Jiahao Luo, left, and Jiahao Wang, from China, configure one of the four new Apple iPhone X's they purchased at the new Apple Michigan Avenue store along the Chicago River in Chicago. On Wednesday, Nov. 15, 2017, the Commerce Department releases U.S. retail sales data for October. (AP Photo/Charles Rex Arbogast, File)
November 15, 2017 - 8:42 am
U.S. retail sales rose at a solid pace last month, as bullish consumers bought more cars, furniture and clothes. The Commerce Department says retail sales increased 0.2 percent in October, after a healthy 1.9 percent gain in the previous month. September's gain was the largest in 2 ½ years and was...
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People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Nov. 15, 2017. Shares fell in Asia on Wednesday, tracking modest losses overnight on Wall Street, where the biggest drop in crude oil prices since October weighed on oil producers and other energy stocks. (AP Photo/Eugene Hoshiko)
November 15, 2017 - 2:12 am
TOKYO (AP) — Shares fell in Asia on Wednesday, with Japan's Nikkei 225 index slumping 1.6 percent after a lackluster GDP report for July-September. The region's markets tracked modest losses overnight on Wall Street, where the biggest drop in crude oil prices since October weighed on oil producers...
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Trader Gregory Rowe, left, and specialist John McNierney work at the post that handles General Electric on the floor of the New York Stock Exchange, Tuesday, Nov. 14, 2017. Stocks are opening lower on Wall Street as technology companies, banks and retailers sink. (AP Photo/Richard Drew)
November 14, 2017 - 3:26 pm
Energy stocks were posting losses in late-afternoon trading Tuesday, helping drag the broader market modestly lower and erasing the small gains the market made a day earlier. Disappointing results or outlooks from retailers and other companies also weighed on the market. Utilities and consumer...
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FILE - In this Monday, Oct. 30, 2017, file photo, Cristian Rodriguez fuels his vehicle in Sacramento, Calif. The price of oil has risen by about one-third since the summer, but many experts think the surge won’t last. They point to growing U.S. production. Still, higher prices for energy could translate into higher prices for airline tickets and consumer goods. (AP Photo/Rich Pedroncelli, File)
November 14, 2017 - 6:03 am
LONDON (AP) — Oil will continue growing as a source of energy for over two decades, with the U.S. set to become the undisputed leader in fossil fuel production, the International Energy Agency said Tuesday. The report from the Paris-based agency will come as grim news for officials attending global...
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FILE - In this Sept. 21, 2016, file photo, an oil tanker approaches the new Jetty during the launch of a $650 million oil facility in Fujairah, United Arab Emirates. The state-run Abu Dhabi National Oil Co. will put a minority stake in its gas station subsidiary up on the local stock market. The company made the announcement on Monday, Nov. 13, 2017, saying 10 percent of ADNOC Distribution will go onto the Abu Dhabi Securities Exchange pending regulatory approval. (AP Photo/Kamran Jebreili, File)
November 13, 2017 - 2:45 am
DUBAI, United Arab Emirates (AP) — The state-run Abu Dhabi National Oil Co. will put a minority stake in its gas station subsidiary up on the local stock market. The company made the announcement on Monday, saying at least 10 percent of ADNOC Distribution will go onto the Abu Dhabi Securities...
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November 10, 2017 - 12:39 pm
WASHINGTON (AP) — Alaska Sen. Lisa Murkowski says her legislation to open Alaska's Arctic National Wildlife Refuge to oil and gas drilling would generate $2 billion in royalties over the next decade — with half the money going to her home state. But environmental groups and other critics call those...
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U.S. President Donald Trump, left, and Chinese President Xi Jinping attend a business event at the Great Hall of the People in Beijing, Thursday, Nov. 9, 2017. (AP Photo/Andrew Harnik)
November 09, 2017 - 10:03 pm
BEIJING (AP) — China have signed a series of multibillion-dollar business agreements during President Donald Trump's visit in a tradition aimed at blunting criticism of Beijing's trade policies. Commerce Minister Zhong Shan said agreements signed Thursday at a ceremony attended by Trump and his...
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