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Top News & Analysis Oklahoma

  • *Oil prices jump after OPEC agrees to modest hike in supply. NEW YORK, June 22- The S&P 500 and Dow Jones Industrial Average advanced on Friday, with the Dow poised to end an eight-day losing streak, as a jump in oil prices lifted energy stocks, but losses in technology stocks kept the Nasdaq in check. A rally in oil prices due to an earlier OPEC decision to restrict supply...

  • *OPEC to raise output by around 1 mln bpd in nominal terms. *No individual targets for OPEC members. The Organization of the Petroleum Exporting Countries and other top crude producers, meeting in Vienna, agreed to raise output from July by about 1 million barrels per day after its de facto leader Saudi Arabia persuaded Iran to cooperate in efforts to reduce the...

  • *OPEC to raise output by around 1 million bpd in nominal terms. *No individual targets for OPEC members. The Organization of the Petroleum Exporting Countries and other top crude producers, meeting in Vienna, agreed to raise output from July by about 1 million barrels per day after its de facto leader Saudi Arabia persuaded Iran to cooperate in efforts to reduce...

  • *OPEC strives for deal to raise oil output as Iran resists. *OPEC to meet in Vienna on Friday to set output policy. OPEC, however, was struggling to agree on raising output, with Saudi Arabia warning of supply shortages and price rallies but Iran holding out against a deal at the group's meeting on Friday.

  • *OPEC to meet in Vienna on Friday to set output policy. The oil market was contending with exactly how much output will change as the OPEC, which holds its biannual meeting on Friday, is widely expected to agree to pump more, possibly supported by some other producers outside OPEC, including Russia. Brent reached a 3-1/ 2- year high above $80 a barrel last month but has...

  • *OPEC to meet in Vienna on Friday to set output policy. NEW YORK, June 21- Oil prices fell nearly 2 percent on Thursday as crude producers appeared to be nearing a deal to increase production at an OPEC meeting in Vienna. The market was contending with exactly how much output will change as the Organization of the Petroleum Exporting Countries, which holds its...

  • *OPEC to meet in Vienna on Friday to set output policy. NEW YORK, June 21- Oil prices fell on Thursday as crude producers appeared to be nearing a deal to increase production at an OPEC meeting in Vienna on Friday, but pared losses after a report of a large stockpile draw at a key storage in the United States. Brent crude dropped 95 cents, or 1.3 percent, to $73.79 a barrel by...

  • Visitors outside the U.S. Supreme Court in Washington, DC.

    The court overturned a 1992 precedent barring states from requiring businesses with no "physical presence" in that state to collect sales taxes.

  • June 20- U.S. crude oil stockpiles dropped sharply last week while gasoline and distillate inventories grew as refineries' crude runs rose to their highest on record seasonally, the Energy Information Administration said on Wednesday. "What youve continued to see here is maintenance season continues to wind down for the refinery sector, so that obviously...

  • OKLAHOMA CITY, June 19- Activist investor Carl Icahn on Tuesday won a battle for control of SandRidge Energy, taking five seats on the board of the U.S. shale producer that he wants to sell. Shareholders elected four of Icahn's seven-person slate and two nominees put forth by the Oklahoma City, Oklahoma oil and gas company, according to a preliminary tally, with...

  • OKLAHOMA CITY, June 19- Activist investor Carl Icahn on Tuesday won a battle for control of SandRidge Energy, winning at least four of seven seats on the board of the U.S. shale producer that he wants to sell. Shareholders elected four of Icahn's seven-person slate and two nominees put forth by the Oklahoma City, Oklahoma oil and gas company, according to...

  • NEW YORK, June 18- A Wendy's restaurant in Oklahoma is under fire after an employee video showing a mouse inside a bag of hamburger buns was widely shared online. The Facebook video was filmed at a Wendy's restaurant in Catoosa, Oklahoma, the employee, Sky Frame, said in a post. Don't eat at Wendy's in Catoosa, "Frame wrote on Facebook, alongside the June 14 video and a...

  • June 18- BOK Financial Corp said on Monday it would buy smaller peer CoBiz Financial Inc in a cash-and-stock deal valued at about $1 billion to expand in Arizona and Colorado. Both Tulsa, Oklahoma- headquartered BOK and Denver- based CoBiz provide a range of banking services such as commercial banking, real estate, private banking and treasury management.

  • June 18- BOK Financial Corp said on Monday it would buy smaller peer CoBiz Financial Inc in a cash-and-stock deal valued at about $1 billion to expand in Arizona and Colorado. Both Tulsa, Oklahoma- headquartered BOK and Denver- based CoBiz provide a range of banking services such as commercial banking, real estate, private banking and treasury management.

  • ATLANTA— Two years ago, longtime radio reporter Jamie Dupree encountered what others in his profession might see as an insurmountable challenge: He lost his voice. Thanks to the tool, Dupree's voice will be back on the air next week on radio stations in Atlanta; Orlando and Jacksonville, Florida; Dayton, Ohio; and Tulsa, Oklahoma. The journalist's ordeal began in...

  • ATLANTA— Two years ago, longtime radio reporter Jamie Dupree encountered what others in his profession might see as an insurmountable challenge: He lost his voice. Thanks to the tool, Dupree's voice will be back on the air next week on radio stations in Atlanta; Orlando and Jacksonville, Florida; Dayton, Ohio; and Tulsa, Oklahoma. The journalist's ordeal began in...

  • TULSA, Okla.— The Latest on injuries at a natural gas pipeline explosion in Tulsa:. A Tulsa fire spokesman says a firefighter is now hospitalized in stable condition after being burned when a ruptured natural gas pipeline exploded. Delozier and four Oklahoma Natural Gas workers were injured Thursday afternoon in the explosion and fire that followed the rupture.

  • TULSA, Okla.— An Oklahoma firefighter who was among five people injured in an explosion after a natural gas pipeline rupture in Tulsa was in stable condition Friday, a fire department spokesman said. Greg Delozier, 54, was burned in the Thursday afternoon blast and was moved overnight from emergency care into a hospital room, where he was being monitored.

  • NEW YORK, June 14- As the discount of U.S. crude to global benchmark Brent nears three-year highs, an emerging bottleneck at the key storage hub in Cushing, Oklahoma, is making U.S. futures vulnerable to a drop, traders and analysts said. More oil has thus started to flow to the storage hub of Cushing, where U.S. futures are priced. Cushing inventories may therefore start...

  • DETROIT, June 13- The union that represents factory workers at the Detroit Three automakers elected regional director Gary Jones as its new president on Wednesday, ahead of tough 2019 contract talks likely to coincide with declining U.S. sales of new vehicles. United Auto Workers officials gathered in a balloon-filled convention hall in Detroit elected...