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Top News & Analysis Oklahoma

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  • LONDON, March 10- Brent crude futures dipped below $58 a barrel on Tuesday as the dollar scaled multi-year highs and the oil market remained hobbled by oversupply and weak demand. At 0940 GMT, Brent was down 81 cents at $57.72, while U.S. crude was 41 cents lower at $49.59. "In order to balance the market we need the supply glut to be brought down, by rising demand or lower...

  • SINGAPORE, March 10- Brent crude fell towards $58 a barrel on Tuesday as the dollar scaled multi-year highs, but data showing a recovery in China's annual consumer inflation checked losses. Brent fell 52 cents to $58.01 by 0817 GMT, while U.S. crude dropped 34 cents to $49.66. Both benchmarks had risen earlier in the day to $58.72 and $50.36, respectively,...

  • SINGAPORE, March 10- Brent crude gave up most of its early gains and steadied above $58.50 a barrel on Tuesday, supported by data showing annual consumer inflation in top energy consumer China recovered last month while a firmer dollar kept a lid on prices. China, which is battling growing deflationary pressures, saw consumer inflation rise 1.4 percent in...

  • SINGAPORE, March 10- Brent crude gave up most of its early gains and steadied above $58.50 a barrel on Tuesday, supported by data showing annual consumer inflation in top energy consumer China recovered last month while a firmer dollar kept a lid on prices. China, which is battling growing deflationary pressures, saw consumer inflation rise 1.4 percent in...

  • *U.S. crude lifted by modest Cushing build vs expectations. NEW YORK, March 9- Brent prices fell 2 percent on Monday pressured by European Central Bank bond-buying, while U.S. crude rose about 1 percent on a smaller-than-expected build in inventories at the key Cushing oil hub, leading to a narrowing gap between the two benchmarks. Genscape estimated a 157,000-...

  • *Alcoa to buy RTI International for $1.5 bln. Alcoa Inc said it would buy RTI International Metals Inc for $1.5 billion. Alcoa lost 6.4 percent to $13.55 while RTI jumped 38 percent to $37.62.

  • NEW YORK, March 9- Benchmark Brent crude prices fell on Monday pressured by European Central Bank bond-buying, while U.S. crude rose on bullish storage data, leading to a narrowing gap between the two benchmarks. Brent was pressured as the ECB started buying bonds under its quantitative easing program, a move that implies a certain level of deflation, said Bob...

  • NEW YORK, March 9- Oil prices rose on Monday, rebounding from early losses, after market data firm Genscape reported a modest stock build last week at the Cushing, Oklahoma delivery point for U.S. crude. West Texas Intermediate crude jumped $1, or about 2 percent, to $50.61 a barrel by 10:58 a.m. EDT. The front-month in benchmark Brent crude, down nearly $1 earlier in...

  • *Alcoa to buy RTI International for $1.5 bln. "We're positive on the stock market here, and the recent setback last week just provides better opportunity to buy," said Tom Mangan, senior vice president at James Investment Research Inc in Xenia, Ohio. Alcoa Inc said it would buy RTI International Metals Inc for $1.5 billion.

  • The small US town holding billions in black gold Saturday, 7 Mar 2015 | 11:34 AM ET

    Cushing, Oklahoma, is a sleepy town with 8,000 people. It's also the intense focus of every major player in the oil market right now.

  • Lower gas prices no windfall for these retailers Wednesday, 4 Feb 2015 | 3:02 PM ET
    A customer checks out at a Best Buy in Peoria, Ill.

    As oil prices fall, it becomes harder for energy companies to maintain profitability.

  • Despite Supreme Court suit, potpreneurs push ahead Monday, 22 Dec 2014 | 12:45 PM ET
    Kristin Brinckerhoff ponders the selection of marijuana at 3D Cannabis Center in Denver, Jan. 2, 2014.

    Attorneys general in neighboring states filed a Supreme Court lawsuit attempting to overturn parts of Colorado's historic marijuana law.

  • Two sides to cheap oil Tuesday, 16 Dec 2014 | 2:18 PM ET
    Two sides to cheap oil

    Discussing the future of big oil producing states, with Former Oklahoma Governor Frank Keating of American Bankers Association.

  • Health report card: Less smoking, too much eating Wednesday, 10 Dec 2014 | 12:01 AM ET
    obesity over weight health

    Life expectancy is up, smoking is down, and obesity rates are on the rise again according to the new edition of America's Health Rankings.

  • Oil and the banks: As prices fall, risks may rise Monday, 8 Dec 2014 | 4:09 PM ET
    Oil pumps wells Monterey Shale fracking

    Falling oil prices may be good news for consumers at the gas pumps, but they're bad news for some bankers in the oil patch.

  • And the state with the cheapest gasoline is... Friday, 5 Dec 2014 | 2:36 PM ET
    A gas station attendant fills a customer's vehicle in Turnersville, N.J., Dec. 4, 2014.

    The gap between the most and least expensive U.S. state in average gas prices is the widest in 10 years.

  • Cramer Remix: The best stocks to own now Tuesday, 2 Dec 2014 | 7:07 PM ET

    It’s this stock, and its partner in crime, that "Mad Money" host Jim Cramer believes are heading higher.

  • T Boone Pickens tells Cramer: $100 oil will return Tuesday, 2 Dec 2014 | 6:24 PM ET
    T. Boone Pickens, chief executive officer of BP Capital Management

    As oil prices fall fast, Jim Cramer turned to T Boone Pickens for his expert opinion on where energy could be headed.

  • In some states, cheap oil isn't such a good thing Tuesday, 28 Oct 2014 | 10:15 AM ET
    An oil refinery in Kenai, Alaska.

    The recent drop in oil prices may soon take a big bite out of tax revenues in states that are big energy producers.

  • Ex-Chesapeake boss McClendon backs young hedgies Monday, 27 Oct 2014 | 11:10 AM ET
    Aubrey McClendon

    Aubrey McClendon is back in the hedge fund game, but this time he's taking a far more indirect approach with a pair of fellow Duke grads.