OklahomaMinerals.com

Snippets

• Nasdaq falls for 4th straight session as Apple weighs on technology stocks
  U.S. stocks finished mostly lower on Thursday with the Nasdaq...
  U.S. stocks finished mostly lower on Thursday with the Nasdaq Composite leading the way down as investor sentiment cratered in the face of concerns that the Federal Reserve may keep interest rates higher for longer. The technology-heavy Nasdaq Index COMP fell 123 points, or 0.9%, to end at 13,748, while suffering four consecutive sessions of losses. The Dow Jones Industrial Average DJIA was up 0.2%, and the S&P 500 Index SPX dropped 0.3%. Apple shares AAPL were down for a second day after the Wall Street Journal reported that China had banned government officials from using iPhones for work purposes. In U.S. economic data, initial jobless benefit claims fell by 13,000 to 216,000 in the week ended Sept. 2, the U.S. Labor Department said Thursday. This is the lowest level since mid-February.
  
  
  Read More
• Quest for cleaner gas must extend to the full value chain
  Momentum is growing for responsibly sourced gas as environmental concerns prompt buyers, especially in...
  Momentum is growing for responsibly sourced gas as environmental concerns prompt buyers, especially in Europe, to seek cleaner energy alternatives. Nearly 30% of US gas production has been certified as responsibly sourced, but much remains to be done to reduce methane emissions intensity across the entire gas supply chain, including pipelines, liquefied natural gas terminals and gas-fired plants.
  Read More
• ⛽️US prepares to close unused East Coast gasoline reserve
  Congress is moving forward with a plan to sell the 1-million-barrel Northeast Gasoline Supply Reserve,...
  Congress is moving forward with a plan to sell the 1-million-barrel Northeast Gasoline Supply Reserve, established after Hurricane Sandy but never used. The decision comes as East Coast gasoline supplies hover near 10-year seasonal lows.
  Read More
• Trafigura: Price spikes may hit fragile oil market
  The oil market...
  The oil market faces susceptibility to price spikes due to low inventories and inadequate investments in new oilfields, according to Ben Luckock, co-head of oil trading at Trafigura. Although the fair oil price ranges from $72 to $88 per barrel, Luckock expressed concerns about market complacency, emphasizing risks for higher prices due to prolonged underinvestment and factors such as elevated interest rates.

  
  

  
  Read More
• The workplace is getting older, as the new Rolling Stones album makes 80 look good
  For the first time in nearly twenty years, the Rolling Stones...
  For the first time in nearly twenty years, the Rolling Stones will release a new original album next month. And if the single unveiled yesterday is any indication, rock-and-roll’s OG frontman, Mick Jagger—now an octogenarian—hasn’t missed a beat.
  
  Ronnie Wood, Keith Richards, and Jagger announced their forthcoming album, Hackney Diamonds, yesterday in London along with their new song, “Angry.” At 76, 79, and 80, respectively, the Stones are just one example of how the makeup of the workforce is grayer than you might think:
  

  
  
  • Last year, 650,000 Americans over 80 were still working, up 18% from the previous decade, according to data from the Census Bureau.
  
  
  • There will be twice as many 75-year-old+ workers in 2030 than in 2020, due in part to the aging baby boomer generation, the Bureau of Labor Statistics estimates.
  
  
  Read More

• Prev
• Next