OklahomaMinerals.com

Snippets

• ☕️Morning Brew: The Week Ahead
  The Fed hits the Grand Tetons: Does anyone know a good spot for après-monetary policy...
  The Fed hits the Grand Tetons: Does anyone know a good spot for après-monetary policy speech in Jackson Hole? On Friday, Fed Chair Jerome Powell will deliver a major talk there as part of the Jackson Hole Economic Symposium, an annual event where finance leaders across the globe chat about economic issues. The No. 1 issue this year, of course, is inflation.
  
  College football is back: It’s once again time to wrap bacon on other types of meat and then grill it because college football returns on Saturday. The biggest game of the week is Northwestern vs. Matty’s beloved Nebraska—a Midwestern matchup that’s actually being played in Dublin, Ireland. The marching bands better do a Hozier set during halftime.
  
  Earnings: Feel like we’ve written “It’s the grand finale of earnings season” for the past three weeks, but this time we actually mean it. With 95% of S&P companies having already reported, names like Nvidia, Peloton, Zoom, Dollar General, and Salesforce will bring down the curtain.
  

  Everything else:

  
  

  
  
  • On Thursday, trigger bans on abortion will go into effect in Idaho, Tennessee, and Texas.
  
  
  • Tesla’s 3–1 stock split goes into effect on Thursday.
  
  
  • Burning Man returns IRL on Sunday after a two-year break
  
  

  
  
  Read More
• Election risk could soon take center stage for the stock market.
  Ahead of November 8, investors should reduce risk since equities historically underperform going into...
  Ahead of November 8, investors should reduce risk since equities historically underperform going into midterms, according to Barclays.
  
  Even as decades-high inflation and hefty rate hikes stay top of mind among investors, it isn't too early to start paring down riskier positions, the bank's analysts wrote in a Friday note.
  
  In any case, market analyses from the last 100 years reveal stocks underperform leading up to a November vote.  But then, regardless of the election outcome, risks rapidly diminish and the market rebounds.
  Read More
• Oil Prices Plummet as Iran Nuclear Deal Appears ‘Imminent’
  Oil prices fell sharply in overseas trading on Monday on reports suggesting that Iran and Western countries...
  Oil prices fell sharply in overseas trading on Monday on reports suggesting that Iran and Western countries were close to striking a deal that would lift sanctions on crude supply from the West Asian nation.
  
  West Texas Intermediate futures, the U.S. crude benchmark, sank over 1% to $89.39 a barrel, while London-traded Brent oil futures fell 0.5% to $95.59 a barrel by 20:01 ET (0002 GMT).
  
  Qatar news organization Al Jazeera reported over the weekend that an Iran Nuclear deal was ‘imminent,’ while other reports said Tehran was ready to drop its demand that the Islamic Revolutionary Guard Corps be removed from the U.S. State Department’s List of Foreign Terrorist Organizations.
  Read More
• UNM develops permanent sealant for leaky oil wells
  University of New Mexico engineers have created a nanotechnology-based sealant that could offer the oil...
  University of New Mexico engineers have created a nanotechnology-based sealant that could offer the oil and gas industry a permanent solution for abandoned, climate-polluting wells.
  
  UNM researchers developed the sealant over 10 years, and they're now marketing it through a new Albuquerque-based startup, TS-Nano, in partnership with two next-generation, blockchain-based development firms, Devvio Inc. and DevvStream Inc.
  
  Read Full Story
  Read More
• Biden Energy secretary says US will be at ‘record’ oil production next year
  Energy Secretary Jennifer Granholm on Sunday said the U.S. will see “record” oil production starting...
  Energy Secretary Jennifer Granholm on Sunday said the U.S. will see “record” oil production starting next year.
  
  Granholm told “Fox News Sunday” host Trace Gallagher the U.S. will be producing around 12.7 million barrels per day by 2023, up from the current rate of less than 12 million barrels per day.
  
  “This is all about supply and demand. When Russia invaded Ukraine, that pulled millions of barrels off of the global market,” she said. “Since oil is traded globally, we have to make up for that lost amount of fuel.”
  Read More

• Prev
• Next