Top News & Analysis Oklahoma

  • SEATTLE, May 17- Once global regulators clear Boeing Co's 737 MAX to fly again after deadly crashes, airlines which have put their fleets into mechanical hibernation since March will scramble to begin the biggest ungrounding effort in history. In the United States, following regulatory approval of a Boeing software fix and new training, airlines will have to...

  • TOKYO, May 15- Oil prices fell on Wednesday after data showed a surprise rise in U.S. crude stockpiles and Chinese industrial output for April grew less than expected, but prices were supported by mounting tensions in the Middle East. Brent crude futures were at $71.04 a barrel at 0358 GMT, down 20 cents, or 0.3%, from their last close. West Texas Intermediate crude...

  • Oil refinery Libya

    Data shows a surprise rise in U.S. crude inventories and the U.S.-China trade dispute threatens demand, but Middle East tensions capped losses.

  • NEW YORK, May 7- Diesel demand in the U.S. However, planting is behind schedule this year, with corn only 10 percent planted in Illinois so far, versus 66 percent on average, according to the U.S. Department of Agriculture. Prices on Tuesday fell to 2.25 cents per gallon below the heating oil futures contract on the New York Mercantile Exchange.

  • May 1- Magellan Midstream Partners LP believes a proposed Midland origin point will attract sufficient commitments from shippers to proceed with a long-haul crude pipeline from the U.S. oil storage hub in Cushing, Oklahoma, to Houston, Chief Executive Michael Mears said on Wednesday. The Houston pipeline operator decided not to pursue its Permian Gulf Coast...

  • April 30- Devon Energy Corp on Tuesday raised its full-year U.S. oil production forecast after posting a better-than-expected quarterly profit on the back higher output, especially in the Delaware basin. Net loss attributable to Devon widened to $317 million, or 74 cents per share, in the first quarter ended March 31, from $197 million, or 38 cents per share, a year...

  • CHEVRON WAITING FOR ANADARKO BOARD'S DECISION ON UNSOLICITED OFFER FROM OCCIDENTAL- CHEVRON CEO MICHAEL WIRTH.

  • *Poland, Germany halt Russian oil imports over quality concerns. NEW YORK, April 25- Brent crude hit $75 per barrel on Thursday for the first time in nearly six months after quality concerns suspended some Russian crude exports to Europe while the United States prepared to tighten sanctions on Iran. Russia, the world's second-largest crude exporter, said it...

  • April 24- U.S. crude oil stockpiles rose last week to their highest in about a year and a half as imports increased, even as refiners sharply ramped up output ahead of the summer driving season, the Energy Information Administration said on Wednesday. Crude inventories rose by 5.5 million barrels in the week to April 19, much more than analysts' expectations in a...

  • NEW YORK, April 17- U.S. crude oil stockpiles fell unexpectedly last week as imports dropped, while gasoline and distillate inventories decreased less than forecasts, the Energy Information Administration said on Wednesday. Crude stocks at the Cushing, Oklahoma, delivery hub for U.S. crude futures fell by 1.54 million barrels, EIA said. "With the refinery runs...

  • In addition to Disney films and TV shows, it will feature programming from the Marvel superhero universe, the "Star Wars" galaxy, "Toy Story" creator Pixar animation and the National Geographic channel. Disney kicked off its presentation to Wall Street analysts at its Burbank, California, headquarters on Thursday with a video that demonstrated the breadth of its...

  • NEW YORK, April 10- U.S. crude oil stocks rose more than expected last week to the highest in nearly 17 months as imports climbed, while gasoline inventories posted their steepest drawdown since September 2017, the Energy Information Administration said on Wednesday. "The increase in crude supplies still has to do with some of the logistical issues we had in Texas,...

  • HOUSTON, April 9- Having slashed spending plans and run out of willing buyers for assets, some U.S. shale producers are turning to workforce cuts as investors step up demands for returns. Pioneer Natural Resources Co, one of the largest producers in the Permian Basin of West Texas and New Mexico, and Laredo Petroleum Inc another Permian producer, this week...

  • CRUDE FUTURES RISE TO SESSION HIGH OF $64.00/ BBL AFTER GENSCAPE DATA SHOW DRAWDOWN IN STOCKS AT CUSHING, OKLAHOMA- TRADERS.

  • Bottles of Purdue Pharma L.P. OxyContin medication.

    A physician ally of Purdue Pharma whose views helped drive the explosive growth in the use of addictive pain relievers in the U.S. has agreed to testify against the OxyContin maker and other drug companies, newly disclosed court records show.

  • BOSTON, MA - A pharmacist at Angell Animal Medical Center, empties a prescription bottle of opioid painkillers that she filled for a patient at the pharmacy inside the facility in Boston on Sep. 11, 2018.

    Oklahoma's attorney general dropped all but a single claim against Johnson & Johnson and Teva Pharmaceutical in a closely watched lawsuit alleging the drugmakers helped fuel the U.S. opioid epidemic.

  • NEW YORK, April 3- U.S. crude oil stockpiles soared unexpectedly last week as imports climbed and production edged higher to a new record, the Energy Information Administration said on Wednesday. After the data, oil prices were little changed on the day, with U.S. crude up 5 cents at $62.63 a barrel and Brent up 10 cents at $69.47 a barrel. "The market was originally...

  • *Venezuela exports disrupted after major power outage. NEW YORK, March 27- Oil prices edged lower on Wednesday after government data showed U.S. crude stocks unexpectedly rose last week, though disruptions to Venezuela's crude exports limited losses. "The report was bearish relative to expectations, as crude inventories rose due, in part, to a steep drop in...

  • LONDON, March 27- Oil prices edged lower on Wednesday, reversing earlier gains, as further disruptions to Venezuela's crude exports were offset by a report that U.S. inventories rose last week. Venezuela's main oil export port of Jose and its four crude upgraders were unable to resume operations following a massive power blackout on Monday, the second in a month.

  • *Venezuela exports disrupted after major power outage. LONDON, March 27- Oil prices declined on Wednesday, reversing earlier gains, as further disruptions to Venezuela's crude exports were offset by a report that U.S. inventories rose last week. Oil prices have risen more than 25 percent this year, supported by supply curbs by the Organization of the Petroleum...