OklahomaMinerals.com

Snippets

• California Gasoline Tops $6 as Newsom Directs Smog Rule Waiver
  (Bloomberg) -- Summer is over but gasoline prices are heating up in California, prompting Governor Gavin...
  (Bloomberg) -- Summer is over but gasoline prices are heating up in California, prompting Governor Gavin Newsom to lift an anti-smog rule for relief at the pump.
  
  Regular gasoline cost an average of $6.03 in California Wednesday, the highest since October and almost $2.20 a gallon above the national average, up from $1.20 in early August. That already was the highest level ever for this time of year, data from the American Automobile Association show.
  
  The governor directed the state’s Air Resources Board to allow winter-grade gasoline earlier than usual, a move that could bring spot prices down by nearly $1.50 a gallon, according to Denton Cinquegrana, chief oil analyst at Oil Price Information Service LLC.
  Read More
• Senator Dianne Feinstein has died. She was 90.
  Senator Dianne Feinstein, the trailblazing Democratic power broker who served in the...

  Senator Dianne Feinstein, the trailblazing Democratic power broker who served in the Senate for 30 years, died on Thursday night, according to a family member.

  
  

  In recent years, Ms. Feinstein, 90, had suffered from frail health and memory issues that made it difficult for her to function alone and prompted calls for her to step down, which she consistently rejected.

  
  
  

  
  

  Her condition had grown more acute over the past several months, after a bout with shingles that caused serious complications, including a case of encephalitis, and prompted her to begin using a wheelchair in the halls of the Capitol.

  
  
  
  Read More
• Closing Oil & Gas Prices for Thursday
  Benchmark U.S. crude oil for November delivery...
  Benchmark U.S. crude oil for November delivery fell $1.97 to $91.71 a barrel Thursday. Brent crude for November delivery fell $1.17 to $95.38 a barrel.
  
  Wholesale gasoline for October delivery fell 9 cents to $2.51 a gallon. October heating oil rose 1 cent to $3.32 a gallon. November natural gas rose 6 cents to $2.95 per 1,000 cubic feet.
  
  
  Read More
• U.S. stocks book back-to-back gains as Treasury yields retreat
  U.S. stocks finished higher on Thursday, with...
  U.S. stocks finished higher on Thursday, with the S&P 500 notching back-to-back gains for the first time in two weeks, as the upward march of Treasury yields relented. The S&P 500 Index SPX gained 25.21 points, or 0.6%, to 4,299.72, the biggest gain since Sept. 14th. The Nasdaq Composite Index COMP gained 108.43 points, or 0.8%, to 13,201.28. The Dow Jones Industrial Average DJIA rose by 116.07 points, or 0.4%, to 33,666.34. Despite their gains, all three indexes remain on track to finish the week lower. 
  Read More
• Inflation concerns keep oil investors at bay
  LONDON (Reuters) -Oil prices edged lower on Thursday...
  LONDON (Reuters) -Oil prices edged lower on Thursday on growing expectations that key Western economies will maintain high interest rates to tackle stubborn inflation.
  
  By 1312 GMT, Brent crude futures were down 66 cents at $95.89 a barrel after rising to their highest level since last November earlier in the session. The November contract expires on Friday.
  
  The December Brent contract was down 65 cents at $93.71 a barrel.
  
  U.S. West Texas Intermediate crude futures (WTI) were 76 cents lower at $92.92 a barrel, after rising above $95 earlier in the session for the first time since August 2022.
  Read More

• Prev
• Next