OklahomaMinerals.com

Snippets

• ☕️What Else is Brewing Tuesday Morning
  Trump can send the National Guard to Portland, appeals court...
  Trump can send the National Guard to Portland, appeals court rules. Overturning a lower court’s ruling barring the president from deploying National Guard troops to Portland, OR, the Court of Appeals for the Ninth Circuit issued a 2-1 ruling yesterday that the president had likely “lawfully exercised his statutory authority.” The lower court judge had found that President Trump’s justification that Portland was like a war zone, so troops needed to be sent to quell protests at an ICE facility, was “untethered to the facts,” but the appeals court majority said that the administration’s view was entitled to more deference. The dissenting judge, however, called that both “absurd” and unconstitutional. However, a second lower court order continues to prevent Trump from sending troops for now.
  
  L’Oreal has agreed to buy Gucci owner Kering’s beauty business for $4.7 billion as it goes hard at the luxury beauty market.
  
  The Supreme Court will consider whether people who regularly smoke marijuana or use other drugs can legally own guns.
  
  Former FBI Director James Comey asked a court to toss the charges against him, arguing that President Trump vindictively called for his prosecution as retaliation for criticisms. He also said the prosecutor was not properly appointed.
  
  Netflix will report its earnings today, with experts looking at how it will fare amid the AI boom.
  
  The Toronto Blue Jays will face the Los Angeles Dodgers in the World Series after beating the Seattle Mariners in ALCS Game 7 last night.
  
  OpenAI said it will be working with Bryan Cranston, who is the one who knocks, and the actors union SAG-AFTRA to protect against deepfakes on its Sora app.
  
  Demolition began yesterday on the White House East Wing to make room for the $200 million ballroom President Trump plans to build.
  Read More
• DAILY OIL PRICE: October 20, 2025
  Crude Oil: 57.52   (-0.02)....
  
  
  • Crude Oil: 57.52   (-0.02).
  
  
  • Nymex MTD AVG: 59.6570.
  
  
  • Natural Gas: 3.397   (+0.389).
  
  
  • Gasoline: 1.8302   (-0.0075).
  
  
  • Spreads: November/December (+0.50)     December/January (+0.03).
  
  
  • Plains WTI Posting: 54.00   (-0.02).
  
  

  
  Source: Odessa American
  
  
  Read More
• Dow closes up 515 points as stocks end sharply higher
  U.S. stocks ended sharply higher on Monday as investors...

  U.S. stocks ended sharply higher on Monday as investors continued to digest third-quarter corporate earnings, while a senior White House adviser said the government shutdown could end this week.

  
  

  The Dow Jones Industrial Average went up 515.97 points or 1.1% to end at 46,706.58, according to Dow Jones Market Data.

  
  

  The S&P 500 rose 71.12 points or 1.1% to close at 6,735.13.

  
  

  The Nasdaq Composite advanced 310.57 points or 1.4% to finish at 22,990.54

  
  

  All three stock indexes logged back-to-back daily gains.

  Read More
• Iraq’s Biggest Gas Field Set To Boost Output By 50% After Early Completion
  Iraq’s Khor Mor gas field, the country’s largest non-associated...
  Iraq’s Khor Mor gas field, the country’s largest non-associated gas field, is set to increase output by 50% to 750 million standard cubic feet per day (MMscf/d) after the field’s key stakeholders, Crescent Petroleum and Dana Gas, delivered project KM250 eight months ahead of schedule. KM250 will also produce 7,000 barrels of condensate per day and 460 tonnes per day of LPG, supplementing the current production of 15,200 bbl/d of condensate and 1,070 t/d of LPG. [read more Khor Mor gas field]
  
  Located in the Kurdistan Region of Iraq (KRI), the project will bolster power generation and industrial growth across the KRI, underpinning the Kurdistan Regional Government’s initiative to deliver 24-hour electricity, while boosting power supply to other regions of Iraq. The $1.1 billion project was listed on the Nordic Alternative Bond Market and backed by financing from the U.S. Development Finance Corporation (DFC) and the Bank of Sharjah, as well as proceeds from Pearl Petroleum's $350 million senior secured bonds. Crescent Petroleum and Dana Gas own 35% stake apiece in the Khor Mor gas field.
  Read More
• Trump announces plan to stop aid to Colombia, US’ longtime Latin American ally.
  Yesterday, the president posted remarks to Truth Social that ...
  Yesterday, the president posted remarks to Truth Social that denigrated Colombian President Gustavo Petro as “an illegal drug leader strongly encouraging the massive production of drugs” across Colombia. He also announced all forms of aid or subsidies to the country would be cut off because of what President Trump sees as Petro not doing enough to stop the flow of drugs from Colombia to the US. Colombia had been receiving around $700 million in aid per year from the US in the recent past, but that figure dropped to $230 million in the fiscal year that ended Sept. 30, according to the Associated Press. Petro denied the accusations and accused the Trump administration of assassinating an innocent Colombian fisherman in a missile strike last month, for which Petro said he would initiate legal proceedings against the US.
  Read More

• Prev
• Next