Top News & Analysis Oklahoma

  • *Goldman says still sees $40- $45 range through mid-2017. NEW YORK, July 28- Oil prices settled down nearly 2 percent on Thursday, hitting April lows and with U.S. crude headed for its biggest monthly loss in a year, on growing worries that the world was pumping more crude than needed. U.S. Gulf Coast gasoline stocks hit record highs last week for the month of July while...

  • *Goldman says believes in $40- $45 range through mid-2017. U.S. Gulf Coast gasoline stocks hit record highs last week for a July month, while East Coast inventories reached all-time peaks, government data showed on Wednesday. U.S. crude's West Texas Intermediate futures fell 63 cents, or 1.5 percent, to $41.29 a barrel by 11:48 a.m. EDT.

  • *Goldman says believes in $40- $45 range through mid-2017. U.S. Gulf Coast gasoline stocks hit record highs last week for a July month, while East Coast inventories reached all-time peaks, government data showed on Wednesday. U.S. crude's West Texas Intermediate futures fell 52 cents, or 1.3 percent, to $41.40 a barrel by 11:19 a.m. EDT.

  • Officials gave an all-clear in Oklahoma City after a "suspicious package" was found at the Boeing facility, KFOR reported.

  • And you have the specter of turnaround season not too far in the horizon, " Robert Yawger, senior vice president of energy futures at Mizuho Securities USA said. U.S. crude settled down $1.06 at $43.13 a barrel, after touching a three-month low of $42.97 during the session. Brent crude futures ended the session down 97 cents at $44.72 a barrel, after hitting their...

  • And you have the specter of turnaround season not too far in the horizon, " Robert Yawger, senior vice president of energy futures at Mizuho Securities USA said. U.S. crude was down $1.05 at $43.14 a barrel by 1:50 p.m. EST, after touching a three-month low of $42.97. Brent crude futures were down 95 cents at $44.74 a barrel, after hitting their lowest since May 10 at...

  • NEW YORK, July 25- Oil prices fell nearly 3 percent, with U.S. crude slipping to a 3- month low on Monday on rising concerns that a global glut of crude and refined products would pressure markets, delaying a long-anticipated rebalance in the market. And you have the specter of turnaround season not too far in the horizon, " Robert Yawger, senior vice president of energy...

  • NEW YORK, July 25- Oil prices fell to 2-1/ 2- month lows on Monday on rising concerns that a global glut of crude and refined products would weigh on markets, delaying a long-anticipated rebalance in the market. Brent crude futures were down 89 cents at $44.80 a barrel by 11:13 a.m. EST, their lowest since May 10. U.S. crude was down 93 cents at $43.26 a barrel, after...

  • NEW YORK, July 22- Oil prices settled lower on Friday, losing 4 percent on the week, after the fourth weekly rise in the U.S. oil rig count added to worries about a global crude glut. More than ample inventories and upcoming refinery turnarounds and maintenance have the bulls on the defensive, "said Pete Donovan, broker at Liquidity Energy in New York.

  • NEW YORK, July 22- Oil prices fell 2 percent on Friday, with losses accelerating after the U.S. oil rig count rose for a fourth week in a row, putting crude on track for a weekly loss and dragging Brent to two-month lows. More than ample inventories and upcoming refinery turnarounds and maintenance have the bulls on the defensive, "said Pete Donovan, broker at Liquidity...

  • NEW YORK, July 22- Oil prices fell 2 percent on Friday, with losses accelerating after the U.S. oil rig count rose for a fourth week in a row, putting crude on track for a weekly loss and dragging Brent to two-month lows. More than ample inventories and upcoming refinery turnarounds and maintenance have the bulls on the defensive, "said Pete Donovan, broker at Liquidity...

  • *Nigeria outage of 700,000 bpd offset by other supply growth. NEW YORK, July 22- Oil prices fell again on Friday, on track to a weekly loss, with Brent hitting two-month lows, as Iraqi crude exports looked likely to rise, adding to the global glut. If confirmed, it would put OPEC's No. 2 producer back on track of supply growth after a two-month lag.

  • NEW YORK, July 22- Oil prices were on track to a weekly loss, with Brent hitting two-month lows on Friday, weighed by potentially higher Iraqi crude exports and bearish U.S. inventory data from earlier in the week. If confirmed, it would put OPEC's second-largest producer back on track of supply growth after two months of output declines. "These large and increasing...

  • *ABN says Brent could slide by about $5 to $42 -43 levels. NEW YORK, July 21- Oil prices fell 2 percent on Thursday, as the market took a closer look at U.S. government data that showed growing inventories of gasoline and other oil products pushed total petroleum supplies in the No. 1 oil consumer to record highs. In the previous session, Brent and U.S. crude futures rose by...

  • *ABN says Brent could slide by about $5 to $42 -43 levels. NEW YORK, July 21- Oil prices fell 2 percent on Thursday, as the market took a closer look at U.S. government data that showed growing inventories of gasoline and other oil products pushed total petroleum supplies in the No. 1 oil consumer to record highs. Brent crude closed 97 cents, or 2.1 percent, lower at $46.20 a...

  • *ABN says Brent could slide by about $5 to $42 -43 levels. NEW YORK, July 21- Oil prices fell nearly 2 percent on Thursday, as the market took a closer look at U.S. government data that showed growing inventories of gasoline and other oil products pushed total petroleum supplies in the world's largest oil consumer to a record high. Brent crude was down 79 cents, or 1.7...

  • *ABN says Brent could slide by about $5 to $42 -43 levels. NEW YORK, July 21- Oil prices fell more than 1 percent on Thursday, erasing gains from the previous session, after a rise in U.S. gasoline inventories pushed supplies in the world's top oil consumer to a record high, reinforcing worries of a global glut. Brent crude was down 55 cents, or 1.2 percent, at $46.62 a barrel...

  • July 20- Wall Street gained on Wednesday and the S&P 500 and Dow industrials set fresh records, as Microsoft's strong results boosted the indexes and marked the latest sign that U.S. corporate earnings season may be less dour than feared. "It seems like the weaker parts of the market are starting to at least try and keep pace with the stronger parts and there really...

  • NEW YORK, July 20- Crude oil stocks in the United States fell for the ninth consecutive week and gasoline stockpiles posted a surprise build last week, data from the U.S. Energy Information Administration showed on Wednesday. Crude inventories fell 2.3 million barrels in the week ending July 15, data from the statistical arm of the Energy Department showed,...

  • NEW YORK, July 20- Crude oil stocks in the United States fell for the ninth consecutive week and gasoline stockpiles posted a surprise build last week, data from the U.S. Energy Information Administration showed on Wednesday. Crude inventories fell 2.3 million barrels in the week ending July 15, data from the statistical arm of the Energy Department showed,...