WTI prices fall on surprise build in U.S. crude stocks

By Mark Tay Singapore (Reuters) – U.S. oil prices fell on Thursday after an industry report showed a surprise build in the country's crude inventories, while Brent futures came off early lows to trade marginally higher. Meanwhile, a committee of OPEC (Organization of the Petroleum Exporting Countries) and non-OPEC producers responsible for monitoring compliance with a production cut agreement will meet in Vienna on Jan. 21-22, Kuwaiti oil minister Essam Al-Marzouq told state news agency KUNA, in a sign that the output cut deal is likely to be adhered to.

The rest is here: 
WTI prices fall on surprise build in U.S. crude stocks

Yahoo profit beats Wall St., some analysts worry over effect of hack

By Deborah M. Todd SAN FRANCISCO (Reuters) – Yahoo Inc reported better-than-expected quarterly adjusted profit on Tuesday, a boost for the beleaguered company whose deal to sell its core business to Verizon Communications Inc has been shaken by a massive data breach. Verizon's general counsel said last week that the hack, which affected at least 500 million email accounts in 2014, could have a material impact, possibly allowing Verizon to withdraw from the $4.83 billion deal. Tuesday's results provided at least an initial indication that the data breach has not led to a quick exodus of Yahoo customers, as some had feared.

See the original post here: 
Yahoo profit beats Wall St., some analysts worry over effect of hack