OklahomaMinerals.com

Snippets

• Crypto Crash for Monday
  Bitcoin fell below $24,000 Monday after fresh inflation concerns had investors fearing...
  Bitcoin fell below $24,000 Monday after fresh inflation concerns had investors fearing that the Federal Reserve could act more aggressively to control soaring prices.
  
  Bitcoin's fall was part of a wider crypto market selloff. In the last 24 hours, Ethereum has also cratered almost 18% to $1,205, according to CoinDesk data.
  
  But it is not just rising inflation spooking crypto investors. One of the largest crypto lenders, Celsius Network, announced Sunday it was pausing all customer withdrawals.
  Read More
• MarketWatch: U.S. stock futures sink Sunday after Wall Street’s worst week since January
  U.S. stock-index futures sank Sunday after Wall Street’s worst week since January. Dow Jones Industrial...
  U.S. stock-index futures sank Sunday after Wall Street’s worst week since January.
  
  Dow Jones Industrial Average futures YM00, -0.95% fell more than 300 points, or 1%, late Sunday, while S&P 500 futures ES00, -1.30% and Nasdaq-100 futures NQ00, -1.81% posted even steeper declines.
  

  
  
  Prices of bitcoin and other cryptocurrencies also slid over the weekend, with bitcoin BTCUSD, -6.68% falling below the $27,000 level, about 60% off its all-time high reached last November. Crude prices CL.1, -1.43% dipped Sunday as well.
  
  
  Read More
• What else is brewing?
  ...
  
  
  • At least 20 million people watched the first televised hearing held by the House committee investigating the Capitol attack Thursday night—about on par with a major Sunday Night Football game.
  
  
  • Tesla filed for a 3:1 stock split.
  
  
  • US luxury home sales plunged in the three months through April for their largest drop since the pandemic began.
  
  
  • Microsoft’s Xbox TV app will go live later this month, which will allow 2022 Samsung smart TV and monitor owners to play games without a console.
  
  

  
  
  Read More
• Dan Yergin Talks Oil, Gas, Putin, And Living His Book, ‘The New Map’
  If you haven’t read “...
  If you haven’t read “The New Map: Energy, Climate, and the Clash of Nations,” the most recent non-fiction best seller written by S&P Global Vice Chairman Dan Yergin, you really should. Those who read it now for the first time will no doubt marvel at the author’s prescience and his seeming foreknowledge of global events surrounding Russia, Ukraine and the geopolitics of oil and natural gas.
  
  Read David Blackmon's interview with Dan Yergin on Forbes
  Read More
• Occidental Petroleum Is Making Strides to Capture This $5 Trillion Opportunity
  Occidental Petroleum ...
  Occidental Petroleum (OXY -2.01%) sees tremendous potential for carbon capture and storage (CCS). The process that extracts carbon dioxide from the air and stores it underground could help significantly reduce climate-impacting carbon emissions in the future. CCS is not only good for the environment, but it also represents a potentially lucrative market opportunity.
  
  Occidental believes that CCS could become a $3 trillion to $5 trillion global market in the future. Because of that, the oil company estimates that it could eventually generate as much in earnings and cash flow from its CCS business as it currently makes by producing oil and gas. That's leading the company to take several steps to capture this massive opportunity. 
  
  Source: Motley Fool - Read Full Story
  Read More

• Prev
• Next