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Top News & Analysis Oklahoma

  • *China crude imports weaken, but still up on year. SINGAPORE, Nov 8- Oil prices were stable on Tuesday as financial investors and traders were cautiously positioning themselves for a win by Hillary Clinton in the U.S. presidential elections. In China, oil data released on Tuesday was weak, albeit coming down from high levels.

  • SINGAPORE, Nov 8- Oil prices were stable on Tuesday after posting strong gains the previous day when investors piled money into financial markets in expectation that Democrat Hillary Clinton would win the U.S. presidential election. West Texas Intermediate crude futures were down 6 cents at $44.83 per barrel at 0343 GMT. But traders said that poor data out of...

  • SINGAPORE, Nov 8- Oil prices were stable early on Tuesday after posting strong gains the previous day, with investors piling money into financial markets in expectation that Democrat Hillary Clinton would win the U.S. presidential election. West Texas Intermediate crude futures were down 1 cent at $44.88 per barrel at 0038 GMT. "Oil appears to have coat-tailed...

  • Checks on the extensive network of pipelines and fuel tanks in the area showed no significant damage from the tremor, Oklahoma Corporation Commission spokesman Matt Skinner said. Magellan Midstream Partners LP said it safely restarted its Cushing assets overnight after the earthquake and Enbridge Inc said its Cushing- area tanks and pipelines were...

  • *OPEC reiterates commitment to cut production. NEW YORK, Nov 7- Oil prices settled more than 1 percent higher on Monday, supported by news that U.S. Gains, however, were capped by a rallying dollar on Clinton's improved prospects, making greenback-denominated oil more expensive for holders of other currencies, and by doubts over OPEC's planned production cuts.

  • *OPEC reiterates commitment to cut production. NEW YORK, Nov 7- Oil prices edged higher on Monday, supported by a rebound in other asset classes after news that U.S. presidential candidate Hillary Clinton will not face charges over her emails, but gains were capped by a rallying dollar and doubts over OPEC's planned production cuts. "There's a little bit less of a...

  • OPEC reiterates commitment to cut production. NEW YORK, Nov 7- Oil prices were mixed on Monday, supported by easing concerns over the economy after news that U.S. presidential candidate Hillary Clinton will not face charges over her emails, but prices were pressured by a rallying dollar and doubts over OPEC's planned production cuts. "There's a little bit less of a...

  • A pipeline sign stands in Cushing, Oklahoma, U.S.

    An earthquake with a preliminary magnitude of 5 struck near Cushing, Oklahoma, prompting evacuations, but there were no reports of injuries.

  • Magnitude 5.0 earthquake shakes Cushing, Okla.

    A quake rattles one of the world's key oil hubs raising concern that a key infrastructure may have been damaged.

  • NEW YORK, Nov 3- Oil prices settled down more than 1 percent on Thursday as investors reeled from a record weekly surge in U.S. crude inventories, and remained skeptical about whether OPEC can actually implement its planned output cap. U.S. crude fell 68 cents, or 1.5 percent, to settle at $44.66 per barrel. At one point, oil had fallen more than $1 a barrel and hit a...

  • NEW YORK, Nov 3- Oil prices dipped on Thursday as investors were still reeling from a record weekly surge in U.S. crude inventories and many remained skeptical about whether OPEC will actually implement its planned output cap. U.S. crude was down 82 cents, or 1.8 percent, at $44.52 per barrel. Brent crude was down 65 cents, or 1.4 percent, at $46.21 a barrel by 1:31 p.m....

  • NEW YORK, Nov 3- Oil prices dipped on Thursday, with losses limited as an attack on a Nigerian pipeline cut the country's output even as investors remained skeptical about OPEC's planned production limit and surprised at a big build in U.S. crude inventories. Brent crude was down 20 cents, or 0.4 percent, at $46.66 a barrel by 11:05 a.m. EDT. U.S. crude was down 31 cents,...

  • Nov 2- U.S. crude oil stockpiles soared more than 14 million barrels last week, the largest weekly build since the U.S. Energy Department started keeping records in 1982, bolstered by hefty imports and a decline in refining runs. Oil prices fell after the data, with benchmark U.S. crude futures dropping 3.3 percent, or $1.57, to $45.12 a barrel, their lowest level...

  • *OPEC output likely record high in October- Reuters survey. NEW YORK, Oct 31- Oil prices settled at one-month lows on Monday after dropping over 3 percent on doubts about OPEC's ability to implement its planned production cuts, with the market further weighed by expectations that the cartel had record output in October. But OPEC has achieved little otherwise.

  • Oct 31- Wall Street was little changed on Monday as investors digested the latest in a spate of large-scale corporate mergers as well as revelations ahead of the impending U.S. presidential election. Stocks were jolted on Friday by disclosure that the FBI was investigating more emails as part of a probe into Hillary Clinton's use of a private email system,...

  • *Doubts about OPEC's planned production cut. NEW YORK, Oct 31- Oil prices dropped more than 3 percent on Monday to touch a one-month low on doubts about OPEC's ability to implement its planned production cut, even as cartel officials approved a document outlining their long-term strategy. But OPEC has so far achieved little otherwise.

  • *STOXX down 0.5 percent, Spain's IBEX down 0.6 pct. LONDON, Oct 31 (Reuters)- European equities fell for a sixth straight session on Monday, with energy shares tracking weaker crude oil prices and financial stocks losing ground. Spain's benchmark IBEX index, which has shown resilience during months of political gridlock, fell 0.6 percent after lawmakers agreed to...

  • NEW YORK, Oct 31- Oil prices dropped more than $1 a barrel on Monday to hit one-months low on doubts about OPEC's planned production cut and a build in U.S. crude inventories at the Cushing, Oklahoma storage hub. Officials from the Organization of the Petroleum Exporting Countries and non-member producers met in Vienna on Saturday, but did not come to specific...

  • *Cushing, Oklahoma, delivery base, shed 650,000 barrels- Genscape. NEW YORK, Oct 27- Oil settled higher on Thursday, as commitments from Gulf OPEC members to cut production assuaged some lingering doubts in the market about cooperation from other producers. "Another day, another market being pushed and prodded around by OPEC rhetoric," said Matt Smith, director of...

  • *Cushing, Oklahoma, delivery base, shed 650,000 barrels- Genscape. NEW YORK, Oct 27- Oil edged higher on Thursday, lifted by a reported drop in U.S. crude inventories stored at the Cushing, Oklahoma, delivery hub, and as commitments from Gulf OPEC members assuaged lingering doubts in the market about cooperation from other producers. The expectation was that Libya,...