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Top News & Analysis Oklahoma

  • The Smoky Hills Wind Farm outside of Lincoln, Kansas.

    Some of the fastest progress on clean energy is occurring in states led by Republican governors and legislators, N.Y. Times reports.

  • *Second reading of Q1 GDP up 1.2 pct vs est 0.9 pct. May 26- U.S. stocks were little changed in afternoon trading on Friday, taking a breather after recent record highs and a six-day streak of gains, though consumer shares were strong for a second session. Investors said trading was slow on Friday, ahead of an extended U.S. holiday weekend for Memorial Day.

  • NEW YORK, May 25- Oil traders and analysts are expecting large volumes of crude to draw from storage tanks across the United States in coming weeks, in what would be the most tangible sign of an inventory overhang reduction that has punished prices over the last two years. Supplies have remained stubbornly high for months, disappointing traders who were...

  • May 24- U.S. crude oil inventories fell for the seventh straight week as refiners processed a near record amount of crude last week, the Energy Information Administration said on Wednesday, even as gasoline and distillate stockpiles also dipped. At 516.3 million barrels, U.S. crude inventories were the smallest since mid-February, a sign that OPEC's efforts to...

  • NEW YORK/ LONDON/ SINGAPORE May 19- After the first OPEC oil production cut in eight years took effect in January, oil traders from Houston to Singapore started emptying millions of barrels of crude from storage tanks. The stalled drawdowns shed light on the broader challenge facing OPEC- the Organization of the Petroleum Exporting Countries- as it struggles to...

  • NEW YORK/ LONDON/ SINGAPORE May 19- After the first OPEC oil production cut in eight years took effect in January, oil traders from Houston to Singapore started emptying millions of barrels of crude from storage tanks. The stalled drawdowns shed light on the broader challenge facing OPEC- the Organization of the Petroleum Exporting Countries- as it struggles to...

  • May 17- U.S. crude oil inventories fell for a sixth straight week, as OPEC efforts to reduce supply appear to be coming to fruition ahead of the cartel's upcoming meeting next week, while gasoline and distillate stocks also dropped. Traders and investors have grown increasingly concerned about a supply glut several months into the deal between the Organization...

  • Crude futures rose on the data after enduring weeks of pressure over worries that a deal between OPEC and non- OPEC producers to reduce supply was not having the desired effect. By 11:12 a.m., U.S. crude futures were up $1.30, or 2.8 percent, at $47.18 a barrel, and Brent crude rose 2.5 percent, or $1.25, to $49.98 a barrel. The refinery utilization rate has come down...

  • HOUSTON, May 3- Tallgrass Energy Partners on Wednesday said it had identified 42 potential acquisitions or new projects totaling more than $6.1 billion in investment that could fuel the midstream operator's growth. On Wednesday, rival Magellan Midstream Partners said it was evaluating a new pipeline to transport crude and condensate from the Permian Basin...

  • May 3- U.S. crude stockpiles fell less than expected last week, while gasoline inventories grew as demand remained weak, the Energy Information Administration said on Wednesday, keeping concerns about global supply on a simmer. U.S. crude futures was down 16 cents at $47.50 a barrel by 10:50 a.m. EDT, while Brent fell 10 cents to $50.36 a barrel.

  • *Global supplies remain near record high despite OPEC cuts. SINGAPORE, May 3- Crude oil prices bounced back on Wednesday as a decline in U.S. inventories underpinned the market, although a dip in compliance with OPEC efforts to reduce output and near record supplies capped gains. On Tuesday, WTI slid 2.4 percent to its lowest close since March 21 and Brent closed at...

  • *Global supplies remain near record high despite OPEC cuts. SINGAPORE, May 3- Crude oil prices bounced back on Wednesday as a decline in U.S. inventories underpinned the market, although a dip in compliance with OPEC efforts to reduce output and near record supplies capped gains. On Tuesday, WTI slid 2.4 percent to its lowest close since March 21 and Brent closed at...

  • SINGAPORE, May 3- Crude oil prices bounced back on Wednesday as a decline in U.S. inventories underpinned the market, although a dip in compliance with OPEC efforts to reduce output capped gains. West Texas Intermediate crude rose 48 cents, or 1 percent, to $48.14 a barrel by 0030 GMT. Benchmark Brent futures gained 59 cents, or 1.2 percent to $51.05 a barrel.

  • *OPEC output falls in April but compliance slips- Reuters survey. *OPEC meets May 25, expected to extend output cuts. *BP sees oil in $50- $55 range if OPEC extends cuts.

  • *OPEC output falls in April but compliance slips- Reuters survey. *OPEC meets May 25, expected to extend output cuts. *BP sees oil in $50- $55 range if OPEC extends cuts.

  • April 26- U.S. crude oil inventories fell sharply and stockpiles of gasoline and distillates jumped last week as refiners hiked production rates to the highest since November 2015 to process a record amount of crude, the Energy Information Administration said on Wednesday. Refinery crude runs rose by 347,000 barrels per day to a record 17.3 million bpd and...

  • April 26- U.S. crude oil inventories fell sharply and stockpiles of gasoline and distillates jumped last week as refineries hiked production rates to the highest since November 2015, the Energy Information Administration said on Wednesday. After the data, U.S. crude futures turned positive and by 11:06 a.m., were up 34 cents at $49.90 a barrel while Brent crude...

  • WASHINGTON, April 24- The U.S. Supreme Court on Monday rejected a bid by natural gas company Chesapeake Energy Corp to avoid having to pay $438.7 million to investors in a bonds dispute. The justices refused to hear the Oklahoma City- based company's appeal of a September 2016 ruling by the New York- based 2nd U.S. Circuit Court of Appeals in favor of bondholders.

  • April 18- A Republican senator said on Tuesday he had written to the U.S. Department of Health and Human Services raising questions about reports of "troubling conduct" by psychiatric hospital operator Universal Health Services Inc. The inquiry, by Iowa Senator Chuck Grassley, raises concerns about reports by BuzzFeed News of low nurse staffing, medication...

  • SINGAPORE, April 13- Crude oil futures were largely unchanged on Thursday, with the market torn between rising U.S. production and the output cuts being made by OPEC and other producers. West Texas Intermediate crude futures were down 6 cents at $53.05 a barrel. Traders focused on preliminary U.S. production estimates in the weekly Energy Information...