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Top News & Analysis Texas

  • Gas prices rise as Harvey threatens Gulf refineries

    A massive tropical storm is heading towards the Texas Gulf Coast where it is expected to deliver massive amounts of rain and threaten one-third of U.S. refining capacity.

  • Storm springs back to life in the Gulf, now threatens one-third of US refining capacity

    Tropical Storm Harvey is heading toward the Gulf Coast and could become a Category 1 hurricane by Friday.

  • LONDON, Aug 24- Oil prices slipped on Thursday, giving up some recent gains as the dollar strengthened ahead of a meeting of central bankers in Jackson Hole, Wyoming, which could signal changes to monetary policy. Benchmark Brent crude was down 25 cents a barrel at $52.32 by 1315 GMT. Federal Reserve Chair Janet Yellen and European Central Bank chief Mario Draghi on...

  • LONDON, Aug 24- Oil prices slipped on Thursday, giving up some recent gains as the dollar strengthened ahead of a meeting of central bankers in Jackson Hole, Wyoming, which could signal changes to monetary policy. Benchmark Brent crude was down 20 cents a barrel at $52.37 by 1120 GMT. Federal Reserve Chair Janet Yellen and European Central Bank chief Mario Draghi on...

  • MASSENA, New York/ JACKSON HOLE, Wyoming, Aug 24- A fter a turbulent year of anti-globalization backlash, central bankers still argue open borders and free trade are the key to more jobs, growth and prosperity. That means addressing the concerns of people like Grace Paige, a grandmother of seven from the struggling St. Lawrence County in northern New York state.

  • John Mackey, co-founder and co-CEO of Whole Foods Market

    Amazon and Whole Foods Market expect to finalize their merger during the second half of 2017.

  • Hurricane, tropical storm and storm surge watches were in effect for counties on the eastern coast of Texas as the storm moved across the Gulf of Mexico, where it may strengthen into a hurricane. Winds up to 75 mph and 15 inches of rain were forecast, according to the National Weather Service. The storm may strengthen into a hurricane by the time it makes landfall...

  • LONDON, Aug 24- Oil prices steadied on Thursday, holding on to most of their recent gains after another fall in U.S. crude inventories indicated a tighter market, and as a tropical storm headed towards oil producing facilities in the Gulf of Mexico. Benchmark Brent crude was down 5 cents a barrel at $52.52 by 0925 GMT. Both contracts rose more than 1 percent on...

  • Hurricane, tropical storm and storm surge watches were in effect for counties on the eastern coast of Texas as the storm moved across the Gulf of Mexico, where it may strengthen into a hurricane. Winds up to 75 mph and 15 inches of rain were forecast, according to the National Weather Service. The storm may strengthen into a hurricane by the time it makes landfall...

  • LONDON, Aug 24- Oil prices steadied on Thursday, holding on to most of their recent gains after another fall in U.S. crude inventories indicated a tighter market, and as a tropical storm headed towards oil producing facilities in the Gulf of Mexico. Benchmark Brent crude was down 5 cents a barrel at $52.52 by 0745 GMT. U.S. light, sweet crude was 5 cents lower at $48.36 a...

  • SINGAPORE, Aug 24- Oil was steady on Thursday, holding gains from the previous session after another fall in U.S. crude inventories indicated a tighter market, and as a tropical storm was heading for oil producing facilities in the Gulf of Mexico. Brent crude futures, the international benchmark for oil prices, were at $52.58 per barrel at 0658 GMT, up 1 cent from...

  • MASSENA, New York/ JACKSON HOLE, Wyoming, Aug 24- A fter a turbulent year of anti-globalization backlash, central bankers still argue open borders and free trade are the key to more jobs, growth and prosperity. That means addressing the concerns of people like Grace Paige, a grandmother of seven from the struggling St. Lawrence County in northern New York state.

  • SINGAPORE, Aug 24- Oil was steady on Thursday, holding gains from the previous session after another fall in U.S. crude inventories indicated a tighter market, and as a tropical storm was heading for oil producing facilities in the Gulf of Mexico. Brent crude futures, the international benchmark for oil prices, were at $52.58 per barrel at 0438 GMT, up 1 cent from...

  • HOUSTON, Aug 23- Royal Dutch Shell, Anadarko Petroleum and Exxon Mobil announced they were curbing some oil and gas output on Wednesday at facilities in the Gulf of Mexico ahead of a storm expected to hit the Texas coast later this week. The U.S. National Hurricane Center issued a hurricane watch Wednesday for much of the Texas coast, calling for slow-moving...

  • STOCKHOLM- Riksbank First Deputy Governor Kerstin af Jochnick will participate in a seminar on current issues in the Swedish economy- 1100 GMT. JACKSON HOLE, Wyoming- Luncheon address by the ECB President Mario Draghi at 41st Economic Symposium organized by the Federal Reserve Bank of Kansas City 2017 in Jackson Hole, U.S.A. 1900 GMT STOCKHOLM- Riksbank...

  • STOCKHOLM- Riksbank First Deputy Governor Kerstin af Jochnick will participate in a seminar on current issues in the Swedish economy- 1100 GMT. JACKSON HOLE, Wyoming- Luncheon address by the ECB President Mario Draghi at 41st Economic Symposium organized by the Federal Reserve Bank of Kansas City 2017 in Jackson Hole, U.S.A. 1900 GMT STOCKHOLM- Riksbank...

  • HOUSTON, Aug 23- Royal Dutch Shell and Anadarko Petroleum announced production shut-ins affecting five Gulf of Mexico oil platforms on Wednesday ahead of a storm expected to lash the Texas coast with heavy winds and rain later this week. The U.S. National Hurricane Center issued a hurricane watch Wednesday for much of the Texas coast, calling for slow-moving...

  • *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 as 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...

  • *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...

  • *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.