Top News & Analysis Oklahoma

  • HOUSTON, Sept 19- Energy infrastructure on the U.S. Gulf Coast was hit hard by Tropical Storm Imelda on Thursday, as flooding forced a major refinery to cut production and a key oil pipeline, terminals and a ship channel in Texas were shut, according to sources familiar with operations. Torrential rain has inundated the Gulf Coast from Houston to western Louisiana...

  • *United States to impose more sanctions on Iran. Brent crude futures gained $1.78 to $65.38 a barrel by 1219 GMT, while U.S. Earlier this week Saudi Arabia set out a timeline for a resumption of full operations, saying it had restored supplies to customers at levels prior to the attacks by drawing from its oil inventories.

  • *United States to impose more sanctions on Iran. Brent crude futures gained $1.44 to $65.04 a barrel by 0958 GMT, while U.S. Earlier this week Saudi Arabia set out a timeline for a resumption of full operations, saying it had restored supplies to customers at levels prior to the attacks by drawing from its oil inventories.

  • *U.S. to impose more sanctions on Iran. The steadying of nerves, after a 14.6% jump in Brent prices on Monday- the contract's biggest one-day percentage gain since at least 1988- came after Saudi Arabia set out the timeline to full operation, and also said it had managed to restore supplies to customers at levels prior to the attacks by drawing from its oil...

  • *U.S. to impose more sanctions on Iran. Saudi Arabia, the world's leading oil exporter, has said the crippling attack on its oil sites was "unquestionably sponsored" by bitter regional rival Iran. President Donald Trump said there were many options short of war with Iran and added that he had ordered the U.S.

  • *U.S. to impose more sanctions on Iran. Saudi Arabia, the world's leading oil exporter, has said the crippling attack on its oil sites was "unquestionably sponsored" by bitter regional rival Iran. President Donald Trump said there were many options short of war with Iran and added that he had ordered the U.S.

  • *Trump orders more Iran curbs, Saudi shows attack evidence. President Donald Trump on Wednesday said he ordered a major increase in sanctions on Iran in the latest U.S. move to pressure Tehran. The United States wants to build a coalition of European and Arab partners to deter Iran after the attack on Saudi Arabia that Secretary of State Mike Pompeo described on...

  • NEW YORK, Sept 18- U.S. crude oil stockpiles rose unexpectedly last week as refineries cut production and imports grew, but inventories at the key Cushing hub declined for an 11th week in a row, the Energy Information Administration said on Wednesday. Although the report was bearish, analysts said it created fewer market ripples than normal in a week filled with...

  • Sept 11- T. Boone Pickens, a celebrated corporate raider and energy industry magnate who built an empire out of an initial $2,500 investment, died on Wednesday at age 91. "He generously shared his success with institutions and communities across Texas and Oklahoma," said former President George W. Bush. Pickens' commitment to energy projects "will have a lasting...

  • Sept 11- T. Boone Pickens, a celebrated corporate raider and energy industry magnate who made an empire out of an initial $2,500 investment, died on Wednesday at age 91, his spokesman said. In late 2017, Pickens had put his 65,000- acre Mesa Vista Ranch in the Texas Panhandle up for sale at a price of $250 million. Pickens ran energy firms, hedge funds and wind farms,...

  • Sept 11- T. Boone Pickens, a celebrated corporate raider and energy industry magnate who made an empire out of an initial $2,500 investment, died on Wednesday at age 91, his spokesman said. Pickens announced in January last year that he was closing his BP Capital energy hedge fund because of declining health, although he had "no intention of fading away."

  • Boone Pickens, Chairman, BP Capital Management

    T. Boone Pickens was a wildcatter, corporate raider, hedge fund founder and billionaire philanthropist.

  • NEW YORK, Sept 11- U.S. crude oil stockpiles fell last week to the lowest in nearly a year, with Cushing inventories falling for the tenth straight week, as refineries raised output and imports fell, the Energy Information Administration said on Wednesday. New pipelines including Plains All American LP's Cactus II and EPIC Midstream Holdings LLC's line have...

  • TOKYO, Sept 11- Oil prices traded higher on Wednesday after an industry report said U.S. crude stockpiles fell last week by more than twice the amount that analysts in a Reuters poll had forecast. Brent crude futures rose 40 cents, or 0.6%, to $62.78 a barrel by 0643 GMT, while West Texas Intermediate futures were up 37 cents, or 0.6%, to $57.77 a barrel.

  • TOKYO, Sept 11- Oil prices rose on Wednesday after an industry report showed that crude stockpiles in the U.S. fell last week by more than twice the amount that analysts had forecast. Brent crude futures rose 43 cents, or 0.7%, to $62.81 a barrel by 0053 GMT, while WTI futures were up 47 cents, or 0.8%, to $57.87 a barrel. Prices had ended lower on Tuesday, squeezed by...

  • CUPERTINO, Calif., Sept 10- Apple Inc caught up with hardware rivals on Tuesday by revealing a triple-camera iPhone, and it rolled out a streaming TV service priced at $5 a month, undercutting Disney and Netflix. "I think the pricing on the Apple TV service was definitely a positive surprise," said Michael James, managing director of equity trading at Wedbush...

  • CUPERTINO, Calif., Sept 10- Apple Inc on Tuesday revealed a triple-camera iPhone, matching a feature rivals already have, and rolled out a streaming TV service priced to undercut Disney and Netflix. Prices start at $699, down from last year's new iPhone that started at $749. It can create videos with all three back cameras and the front camera at the same time and...

  • NEW YORK, Sept 5- U.S. oil inventories fell across the board last week, with crude drawing down for a third consecutive week despite a jump in imports, the Energy Information Administration said on Thursday. U.S. crude was up $1.25 a barrel at $57.51 by 11:31 a.m. EDT. "We ripped higher- it's definitely a bullish report all around," said Bob Yawger, director of energy...

  • TOKYO, Sept 5- Oil prices eased on Thursday after a report showed U.S. crude inventories rose against expectations, even as Washington and Beijing confirmed they would hold ministerial level talks to try resolve a prolonged trade war. Crude, which surged more than 4% in the previous session after strong data from China, opened lower after data late on Wednesday...

  • TOKYO, Sept 5- Oil prices rose on Thursday, rebounding from earlier losses, after the U.S. confirmed that talks with China to reach a trade agreement would be held in the coming weeks, giving hope that a dispute that has roiled global economies will be resolved. Brent crude was up 21 cents, or 0.4%, at $60.91 a barrel by 0301 GMT. Trade Representative Robert Lighthizer...