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Top News & Analysis Oklahoma

  • *Libya's Sharara oilfield remains shut- sources. NEW YORK, Aug 23- Oil prices rose on Wednesday after U.S. crude inventories declined for the eighth straight week and a storm approached the Gulf Coast with the potential to disrupt oil and refined products output. "Oil inventories continue their downward trend despite a significant increase in crude oil imports...

  • Aug 23- U.S. crude oil stocks last week fell for an eighth consecutive week to their lowest since January 2016, while gasoline stocks declined more than anticipated, the Energy Information Administration said on Wednesday. Oil prices have recovered from June lows as world supplies have started to tighten, in part due to efforts by the Organization of the...

  • *Libya's Sharara oilfield remains shut- sources. Crude stocks at the Cushing, Oklahoma, delivery hub fell 503,000 barrels, the Energy Information Administration said. "Oil inventories continue their downward trend despite a significant increase in crude oil imports this week," said Andrew Lipow, president of Lipow Oil Associates in Houston, Texas.

  • *Barcelona attack viewed as terrorism; 13 dead. Adding to investor concerns was news that a van had slammed into crowds in the Spanish city of Barcelona, killing 13 people, according to media reports, in an attack police were treating as terrorism. Treasury yields fell on worries Trump will be unable to deliver on campaign promises such as tax reform, even as the...

  • *Barcelona attack treated as terrorism; 13 said killed. Adding to investor concerns was news that a van had slammed into crowds in the Spanish city of Barcelona, killing 13 people, according to media reports, in an attack police were treating as a terrorism. Treasury yields fell on worries Trump will be unable to deliver on campaign promises such as tax reform, even...

  • *Genscape reports more than 1 mln bbl draw at Cushing- trade. Inventories at Cushing, the delivery hub for U.S. crude futures, declined more than a million barrels in the week to Aug. 15, traders said citing estimates from energy industry information provider Genscape. In the latest week to Aug. 11 for which government data was available, Cushing inventories...

  • *Washington turmoil affects U.S. stocks. *Van crash in Barcelona adds to worries. President Donald Trump will be able to implement his economic plans even as the White House knocked down speculation that Gary Cohn, director of the National Economic Council, would resign.

  • *Genscape reports more than 1 mln bbl draw at Cushing- trade. Inventories at Cushing, the delivery hub for U.S. crude futures, declined more than a million barrels in the week to Aug. 15, traders said citing estimates from energy industry information provider Genscape. In the latest week to Aug. 11 for which government data was available, Cushing inventories...

  • NEW YORK, Aug 16- U.S. crude oil inventories fell for the seventh consecutive week in their largest drawdown in nearly a year while exports and production continued to rise, the Energy Information Administration said on Wednesday. The report also had bearish elements, as 2.5 million barrels of the draw was on the West Coast, somewhat limiting the market impact of...

  • Aug 9- U.S. crude stockpiles fell last week as refineries boosted output to the highest percentage of capacity in 12 years, the Energy Information Administration said on Wednesday, but a surprise increase in gasoline stocks capped gains in oil prices. Crude inventories fell by 6.5 million barrels in the week to Aug. 4, compared with expectations for a decrease of...

  • Aug 9- U.S. crude stocks fell last week as refineries boosted output to their highest capacity in 12 years, the Energy Information Administration said on Wednesday, but a surprising increase in gasoline stocks cut into gains in oil prices. Crude inventories fell by 6.5 million barrels in the week to Aug. 4, compared with expectations for a decrease of 2.7 million...

  • THE WALT DISNEY COMPANY TO PAY $1.58 BLN TO ACQUIRE AN ADDITIONAL 42 PERCENT STAKE IN BAMTECH.

  • Aug 3- U.S. natural gas producer Chesapeake Energy Corp beat quarterly profit estimates, but said it planned to cut its rig count and bring fewer wells into production this year. The company, which operates in the Eagle Ford Shale in South Texas, the Utica Shale in Ohio and the Anadarko Basin in northwestern Oklahoma among others, said it would run 14 rigs by the end of...

  • TORONTO/ FRANKFURT, Aug 3- The cyber attack that crippled Ukraine businesses and spread worldwide to shut down shipping ports, factories and corporate offices has taken a costly toll on the results of major U.S. and European companies in the latest quarter, with more to come. Six more major international companies, four based in Europe and two in Russia, which...

  • TORONTO/ FRANKFURT, Aug 2- The cyber attack that crippled Ukraine businesses and spread worldwide to shut down shipping ports, factories and businesses has taken a costly toll on the results of major U.S. and European companies in the latest quarter, with more to come. Cadbury chocolate maker Mondelez and freight logistics company FedEx Corp are among five...

  • TORONTO, Aug 2- Costly cyber attacks are having a bigger impact on corporate earnings and are becoming a fact of life for companies as Oreo cookie maker Mondelez, drug maker Merck and others said that a destructive "worm" attack in the last week of the second quarter disrupted operations. Investors should get used to hearing about cyber attacks during earnings...

  • CALGARY, Alberta, July 31- Canada's struggling oil market has found something of a lifeline as traders scramble for heavy crude due to OPEC production cuts and sinking Latin American output. Output has fallen in Organization of the Petroleum Exporting Countries and non-OPEC Latin American countries such as Mexico and Colombia, leading refiners as far away as...

  • CALGARY, Alberta, July 31- Canada's struggling oil market has found something of a lifeline as traders scramble for heavy crude due to OPEC production cuts and sinking Latin American output. Output has fallen in Organization of the Petroleum Exporting Countries and non-OPEC Latin American countries such as Mexico and Colombia, leading refiners as far away as...

  • *Anadarko cuts capital budget by $300 million. *OPEC to tackle some members' compliance with output deal. NEW YORK, July 25- Oil rose 3.3 percent on Tuesday to the highest close in more than a month, a day after U.S. oil producer Anadarko said it would cut capital spending plans and Saudi Arabia vowed to reduce crude exports to help curb global oversupply.

  • *Anadarko cuts capital budget by $300 million. *OPEC to tackle some members' compliance with output deal. NEW YORK, July 25- Oil rose 3.3 percent on Tuesday, the highest close in more than a month, a day after U.S. oil producer Anadarko said it would cut capital spending plans and Saudi Arabia vowed to reduce crude exports to help curb global oversupply.