In the oil and gas industry, technological advances have made it easier for companies to complete their most important tasks on a...
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Oklahoma State University has announced that a conference table used daily by the late legendary philanthropist T. Boone Pickens will be lent...
Reuters – U.S. shale producer Parsley Energy Inc on Monday agreed to buy smaller peer Jagged Peak Energy Inc in an all-stock...
The Journal Record – Thanks in large part to the unprecedented success of Oklahoma’s natural gas producers, the United States is set...
Oil futures declined on Friday, with worries about the global economic outlook and rising trade tensions from the Trump administration’s tariff plans prompting U.S. and global benchmark prices to post their biggest monthly losses since September.
Prices on Friday then finished off at the session’s lowest levels after a tense meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky dashed hopes for a Ukraine-Russia peace deal that might have eventually led to an end to sanctions on Russia’s oil sector.
U.S. stocks ended sharply higher Friday, after a choppy trading session in which investors appeared initially shaken by Ukraine President Volodymyr Zelensky’s tense meeting at the White House.
The Dow Jones Industrial Average rose 601.41 points Friday, or 1.4%, to close at 43,840.91.
The S&P 500 gained 92.93 points, or 1.6%, to finish at 5,954.50.
The Nasdaq Composite climbed 302.86 points, or 1.6%, to end at 18,847.28.
Investors also assessed on Friday the latest inflation reading from the personal-consumption expenditures price index, which was in line with Wall Street’s forecast. U.S. stocks ended the trading session, the last day of February, with a monthly loss as sticky inflation worries and growth concerns weighed on the market.
The Dow fell 1.6% in February, while the S&P 500 saw a monthly drop of 1.4% and the technology-heavy Nasdaq saw a 4% monthly loss. The Nasdaq snapped a three-month winning streak.
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In a stark reminder of the volatile energy landscape and the relentless drive for...
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