OklahomaMinerals.com

Snippets

• U.S. durable-goods orders dropped more than 6% in January
  The numbers: Orders for durable or long-lasting goods...
  The numbers: Orders for durable or long-lasting goods sank 6.1% in January, but the decline was exaggerated by a brief lull in orders for Boeing passenger planes. Economists polled by The Wall Street Journal had forecast a 5% decline.
  

  
  
  New orders fell by a mild 0.3% last month if planes and cars were stripped out. Orders minus transportation give a more accurate view of how well businesses are performing.
  
  A key measure of business investment, meanwhile, was basically flat. So-called core orders edged up 0.1% in January.
  
  Big picture: The industrial side of the economy has been showing signs of recovery after a long stretch of weakness.
  
  
  Read More
• Oil, gas industry pushes back against Colo. bills
  Colorado's oil and natural gas industry and business groups are rallying...
  Colorado's oil and natural gas industry and business groups are rallying against a trio of bills in the state Senate that would tighten air quality standards and emission rules and halt the issuance of new oil and gas permits by 2030. "Ideas like this are harmful to the Colorado economy and many of of them are bad for the environment," said American Petroleum Institute-Colorado Director Kait Schwartz.
  Read More
• 🇸🇪 Sweden is set to become a NATO member
  Sweden will soon be the 32nd member of the military alliance, after Hungary’s...
  Sweden will soon be the 32nd member of the military alliance, after Hungary’s parliament voted yesterday to allow the nation to join NATO following more than a year and a half of saying “you can’t sit with us.” Sweden and Finland both sought to join after Russia invaded Ukraine. All member countries must approve any new ones, and while Finland got a quicker nod, Hungary’s authoritarian prime minister, Viktor Orban, blocked a vote on Sweden’s bid for more than 18 months. His decision to finally allow the vote, which went 188 to 6 in favor of admitting Sweden, paves the way for Sweden to join NATO as soon as this week.
  Read More
• ☕️What Else is Brewing Tuesday Morning
  Stat: When it comes to cash, it really is all about...
  Stat: When it comes to cash, it really is all about the Benjamins: There are more $100 bills in circulation than any other kind of US paper money, according to the Wall Street Journal. And there are now more than twice as many hundos out there as there were in 2012, data from the Federal Reserve shows. The prevalence of the denomination is in part because people tend to hang on to them longer than smaller bills, rather than forcing a cashier to hold them up to the light. But these days, most transactions aren’t happening with any bills—cash is only the third most popular payment method in the US, with 60% of payments being made with credit or debit cards
  
  Donald Trump is appealing the $350 million verdict against him in the New York civil fraud case. Meanwhile, prosecutors have asked the judge to impose a gag order on Trump in an upcoming New York criminal trial over an alleged hush money payment to porn star Stormy Daniels.
  
  US Air Force member Aaron Bushnell died after lighting himself on fire outside the Israeli embassy in Washington, DC, saying he would “no longer be complicit in genocide.”
  
  The lunar lander Odysseus sent back its first images from the moon. But the Intuitive Machines spacecraft’s mission is expected to be cut short since it landed on its side, giving its solar panels less sunlight.
  
  Altice USA’s stock jumped 36% yesterday following reports that Charter Communications is thinking about buying the broadband company.
  
  Adidas is selling off another batch of Yeezy sneakers after cutting ties with rapper Ye over his antisemitic comments.
  Read More
• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for April delivery ...
  Benchmark U.S. crude oil for April delivery rose $1.09 to $77.58 per barrel Monday. Brent crude for April delivery rose 91 cents to $82.53 per barrel.
  
  Wholesale gasoline for March delivery rose 3 cents to $2.31 a gallon. March heating oil rose 7 cents to $2.76 a gallon. March natural gas rose 6 cents to $1.66 per 1,000 cubic feet.
  
  
  Read More

• Prev
• Next