OklahomaMinerals.com

Snippets

• ☕️What Else is Brewing Tuesday Morning
  Severe storms swept across the East Coast yesterday, knocking out power to over 1 million households...
  Severe storms swept across the East Coast yesterday, knocking out power to over 1 million households and delaying or canceling thousands of flights.
  
  Ukraine says it thwarted a plot to assassinate President Volodymyr Zelensky.
  
  The former Minneapolis police officer who held back the crowd during the killing of George Floyd was sentenced to nearly five years in prison.
  
  Campbell Soup is buying Sovos Brands, the company behind Rao’s, the fanciest sauce you can plop out of a jar, for $2.3 billion.
  
  Elon Musk said he may need surgery before he can fight rival tech CEO Mark Zuckerburg.
  
  “Hank the Tank,” a black bear believed to be responsible for 21 home break-ins in California, has been captured (and won’t be harmed).
  
  
  Read More
• Yellow’s bankruptcy might cost taxpayers
  The 99-year-old trucking company made it official on Sunday, filing for bankruptcy and ending the employment...
  The 99-year-old trucking company made it official on Sunday, filing for bankruptcy and ending the employment of its 30,000 workers following years of financial struggle and a labor battle with the Teamsters. But for most outside the trucking industry, the big question looming now is whether the company’s plan to sell off its assets will enable it to pay back the controversial $700 million pandemic-era loan it got from the government or whether other creditors like Apollo Global Management will get whatever is left from the freight company.
  Read More
• From Twitter: Egypt signs oil & gas exploration contracts worth $320 Million
  Egypt has unveiled a strategic move by...

  
  

  Egypt has unveiled a strategic move by formalizing three contractual agreements aimed at the exploration and extraction of natural gas and crude oil within the Mediterranean region.
  
  Read more here: https://t.co/gMBbPRXq4z#oil #gas #Egypt #energy #exploration #Mediterranean pic.twitter.com/0EfpuuuZGr

  
  — GulfAfricaReview (@ReviewGulf) August 7, 2023

  
  
  Read More
• Closing Oil & Gas Prices for Monday
  Benchmark U.S. crude oil for September delivery...
  Benchmark U.S. crude oil for September delivery fell 88 cents to $81.94 a barrel Monday. Brent crude for October delivery fell 90 cents to $85.34 a barrel.
  
  Wholesale gasoline for September delivery rose 2 cents to $2.80 a gallon. September heating oil fell 4 cents to $3.02 a gallon. September natural gas rose 15 cents to $2.73 per 1,000 cubic feet.
  Read More
• Dow posts best day in 7 weeks as stocks resume rally
  U.S. stocks closed higher Monday, with the Dow posting its best...
  U.S. stocks closed higher Monday, with the Dow posting its best day in about seven weeks. The Dow Jones Industrial Average DJIA rose about 408 points, or 1.2%, ending near 35,473, according to preliminary FactSet data. It snapped a 3-session decline and marked the Dow’s best daily percentage gain since June 15, according to FactSet data. The S&P 500 Index SPX gained 0.9%, while the Nasdaq Composite Index COMP closed up 0.6%. Investors were looking to gauge the possibility of yet another rate hike from the Federal Reserve next month, with the U.S. economy still able to navigate higher rates without slipping into a recession. A key focus will be on Thursday’s July reading of the consumer-price index as an inflation update but also, continued corporate earnings results.
  Read More

• Prev
• Next