OklahomaMinerals.com

Snippets

• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for November delivery...
  Benchmark U.S. crude oil for November delivery fell 35 cents to $89.68 a barrel Monday. Brent crude for November delivery rose 2 cents to $93.29 a barrel.
  
  Wholesale gasoline for October delivery fell 2 cents to $2.54 a gallon. October heating oil fell 5 cents to $3.26 a gallon. October natural gas was unchanged at $2.64 per 1,000 cubic feet.
  
  
  Read More
• Dow, S&P 500 posts first gain in four sessions despite Treasury yield surge
  The Dow, S&P 500, and Nasdaq each posted their first gain...
  The Dow, S&P 500, and Nasdaq each posted their first gain in four sessions on Monday, even as Treasury yields continued to surge in the days since the Federal Reserve signaling rates could stay high through next year. The Dow Jones Industrial Average DJIA gained about 43 points, or 0.1%, ending near 34,006, while the S&P 500 Index SPX and Nasdaq Composite Index COMP, 0.45% gained 0.4% and 0.5%, respectively, according to preliminary FactSet data. The bounce in equities came despite a continued march higher for benchmark borrowing rates that underpin the economy, with the 10-year Treasury yield TMUBMUSD10Y, 4.538% jumping 10 basis points on Monday to 4.541%, the highest yield since October 2007,
  Read More
• Oil prices edge lower as Russia eases fuel export ban
  NEW YORK (Reuters) -Oil prices are edging lower in choppy trade on Monday as Russia relaxed its fuel...
  NEW YORK (Reuters) -Oil prices are edging lower in choppy trade on Monday as Russia relaxed its fuel ban, after earlier gains on a tighter supply outlook, while investors eyed elevated interest rates that could curb demand.
  
  Brent crude futures were down 36 cents at $92.91 a barrel by 11:33 a.m. EDT.
  
  U.S. West Texas Intermediate crude was down 55 cents at $89.48.
  
  
  Read More
• Richest oil states should pay climate tax, says Gordon Brown
  The world's richest oil states should pay a global windfall...
  The world's richest oil states should pay a global windfall tax to help poorer nations combat climate change, ex-PM Gordon Brown has said.
  
  He said countries such as Saudi Arabia, the UAE, Qatar and Norway benefited from a "lottery-style bonanza" last year, as the price of oil soared.
  
  Mr Brown argues a $25bn (£20.4bn) levy would boost prospects of a deal on a climate fund for poorer countries. His intervention comes ahead of the COP28 summit in Dubai in November.
  Read More
• EQT CEO: Prioritize gas to avert the next energy crisis
  Even with natural gas storage filled to capacity, rigid delivery systems and insufficient reliable energy...
  Even with natural gas storage filled to capacity, rigid delivery systems and insufficient reliable energy supply leave the US and Europe vulnerable to another energy crisis, EQT Corp. President and CEO Toby Rice warned at the University of Texas's recent symposium. Rice underscored the need for increased investment in gas power generation and infrastructure to enhance energy security and gas market stability in both regions.
  Read More

• Prev
• Next