Wu Chen, 45, was arrested in Miami, Florida, just before 4 p.m. when a license plate reader flagged the vehicle he was driving, the Oklahoma State Bureau of Investigation said in a statement.
Chen was apprehended without incident and is awaiting extradition to Oklahoma, where he is expected to face charges of murder and shooting with intent to kill, the agency said.
U.S. durable-goods orders rose 1% in October, 0.7% at core
The numbers: Orders at American factories for long-lasting goods such as autos and...
The numbers: Orders at American factories for long-lasting goods such as autos and computers jumped 1% in October, marking a strong showing that probably isn’t sustainable because of a slowing U.S. economy.
Economists polled by the Wall Street Journal had forecast a 0.5% increase. Durable goods are items such as autos, appliances and computers meant to last at least three years.
Big picture: Manufacturers are able to produce more of what their customers want after two years of chronic shortages, but mostly because demand has softened. Rising U.S. interest rates have curbed sales at home while a strong dollar has dented exports.
The situation could get worse. The Federal Reserve is jacking up interest rates to bring down high inflation, but higher borrowing costs are expected to slow the economy even further.
The American Petroleum Institute (API) reported a larger-than-expected draw of 4.8 million barrels. ...
The American Petroleum Institute (API) reported a larger-than-expected draw of 4.8 million barrels.
American Petroleum Institute (API) data showed on Tuesday, after dropping 5.8 million barrels in the week prior. Analysts anticipated a smaller 2.2 million barrel draw.
U.S. crude inventories may have grown by roughly 21 million barrels so far this year, according to API data, but crude stored in the nation’s Strategic Petroleum Reserves sunk by nearly 10 times that figure so far this year— by 203 million barrels. The SPR now contains the least amount of crude oil since March 1984.
Cushing inventories fell 1.4 million barrels in the week to Nov 18, on top of last week’s reported decrease of 842,000 barrels.
Benchmark U.S. crude oil for January delivery rose 91 cents to $80.95 a barrel Tuesday. Brent crude for January delivery rose 91 cents to $88.36 a barrel.
Wholesale gasoline for December delivery rose 10 cents to $2.54 a gallon. December heating oilfell 3 cents to $3.47 a gallon. December natural gas was unchanged at $6.78 per 1,000 cubic feet.
The energy sector is off to a higher start, supported by strength in the...
The energy sector is off to a higher start, supported by strength in the crude complex and in the major equity futures.
After four consecutive days of declines, WTI and Brent crude oil futures turned this morning, regaining ground amid comments from Saudi Arabia that OPEC+ was sticking with output cuts and could take further steps to balance the market. Their statement was echoed by other OPEC+ members UAE and Kuwait who also denied any talks on changing the latest OPEC+ agreement ahead of their next meeting on December 4th. The meeting is set to take place a day before the start of European and G7 measures in retaliation for Russia's invasion of Ukraine, which could support the market. Lingering global recession worries and concern about China's rising COVID-19 case numbers kept a cap on gains.
Natural gas futures are down ~2% in early trading, pulling back from yesterday’s 7.5% rallyon a slightly moderating forecast in key consuming regions and ahead of tomorrow’s storage report.
