OklahomaMinerals.com

Snippets

• Sports and Tech News
  CES 2025 kicks off on Tuesday. Las Vegas will be the...
  CES 2025 kicks off on Tuesday. Las Vegas will be the center of the tech world for four days with the start of the world’s largest consumer tech trade show. AI will be the star of the show, of course: Expect to see AI integrated into everything from TVs to phones to toothbrushes. But be wary of the hype, as one of the darlings of last year’s CES was Humane’s AI Pin, which flopped nearly as hard as Juicero. Nvidia CEO Jensen Huang, the face of the AI revolution, is scheduled to give a keynote address to open the conference.
  
  NFL playoffs are set. The opening weekend of the NFL playoffs will feature six games across three days and won’t involve the Cowboys or Aaron Rodgers. Saturday’s slate has Chargers vs. Texans at 4:30pm on CBS and Steelers vs Ravens at 8pm on Prime Video. Sunday’s tripleheader schedule features the Broncos playing the Bills at 1pm on CBS, the Packers visiting the Eagles at 4:30pm on Fox, and the Commanders taking on the Bucs at 8pm on NBC. Wild card weekend concludes with the Vikings battling it out with the Rams at 8pm on ESPN.
  
  The College Football Playoff semifinals are Thursday and Friday. Notre Dame will face Penn State in the Orange Bowl on Thursday, and Texas will take on Ohio State in the Cotton Bowl the following night.
  Read More
• ☕️What Else is Brewing Monday Morning
  Markets: Welcome to the first full trading week of 2025,...
  Markets: Welcome to the first full trading week of 2025, wherein stocks will try to snap out of their New Year’s malaise. Despite a bounce-back day on Friday, the three major indexes are down over their last five trading sessions (the Santa Claus rally wasn’t a thing this year). Still, the clouds have dissipated above CrowdStrike, the cybersecurity firm at the heart of the largest IT outage in history last year. Its stock has been fully rebooted since that debacle, regaining all of the $30 billion in market cap it lost in the aftermath.
  
  The suspected New Orleans attacker made two visits to the city recently and used Meta smart glasses to film the area and plan the attack, an FBI agent said.
  
  Jeff Baena, a screenwriter and director, died on Friday. He was the husband of Aubrey Plaza.
  
  Starlink wi-fi services will be available on United flights beginning in the spring.
  
  One year after a door plug blew out of an aircraft during an Alaska Airlines flight, Boeing is still trying to climb out of a steep hole.
  
  From MorningBrew.com
  Read More
• NatGas in Storage Shows YOY Drop for First Time Since 2022
  U.S. natural gas crossed a storage threshold, according to the U.S. Energy...
  U.S. natural gas crossed a storage threshold, according to the U.S. Energy Information Administration’s weekly storage report on Jan. 3.
  
  For the first time since December 2022, the amount of gas in storage decreased year-over-year, according to the EIA. The market was not bullish on the news, however, as the natural gas price fell following warm weather forecasts and reported production increases.
  
  The U.S. withdrew 116 Bcf of natural gas from storage for the week ending Dec. 27, leaving the total amount of storage at 3.529 Tcf. During the same period in 2023, the U.S. held 3.480 Tcf of natural gas, or 67 Bcf more.
  
  It was the first time in two years that overall storage levels fell from 12 months before, according to analysts.  Stocks still remain higher than the five-year average of 3.259 Tcf, according to the EIA.
  
  
  Read More
• ☕️What Else is Brewing Saturday Morning
  Mike Johnson reelected as House speaker. The vote was...
  Mike Johnson reelected as House speaker. The vote was a nailbiter, but ultimately Johnson, who had the backing of President-elect Donald Trump, won over enough of his Republican colleagues to hang onto his gavel. With Democrats voting for their own leader, Hakeem Jeffries, and the GOP’s narrow 219-215 House majority, Johnson could only afford to lose one vote from his own party—and several from the party’s right flank appeared to be holding out before the vote. But Johnson won on the first ballot after convincing two Republicans who had opposed him to switch their votes so that multiple rounds of voting were not required.
  
  The FCC’s net neutrality rules, which required internet providers to deliver all websites at the same speed, were struck down by a federal appeals court.
  
  President Biden plans to ban offshore oil and gas drilling in some areas by invoking a 1953 law that would require the incoming Trump administration to get Congress to reverse it in order to allow drilling there.
  
  South Korean police failed in their efforts to arrest the nation’s former president, who has refused to submit to questioning over his imposition of martial law. The arrest attempt was thwarted by protesters and the ex-leader’s security staff in an hourslong standoff.
  
  GM and Ford reported their best annual sales of new vehicles in the US since 2019 when the pandemic and a resulting drag on auto supply chains began, per CNBC.
  
  Apple agreed to pay $95 million to settle a lawsuit claiming Siri eavesdropped on iPhone users even if they never uttered the phrase “Hey, Siri.”
  Read More
• Oil heads for weekly gains on colder weather, Chinese policy support
  OIL prices rose on Friday (Jan 3), closing the week higher...

  OIL prices rose on Friday (Jan 3), closing the week higher on the back of cold weather in Europe and the US as well as additional economic stimulus flagged by China.

  
  

  Brent crude futures settled higher by 58 cents at $76.51 a barrel, the highest level since Oct 14. US West Texas Intermediate crude settled up 83 cents to US$73.96, the highest level since Oct 11.

  
  

  Brent notched a 2.4 per cent weekly gain, while WTI climbed nearly 5 per cent.

  
  

  Signs of Chinese economic fragility heightened expectations of policy measures to boost growth in the world’s top oil importer.

  
  

  “China just is unceasing at this point in terms of their announcements about trying to stoke economic activity, and the market’s taking note of that,” said John Kilduff, partner at Again Capital in New York.

  Read More

• Prev
• Next