TULSA — ONEOK Inc. said Monday it will expand energy infrastructure in Oklahoma’s STACK play to serve growth from EnLink Midstream Partners...
June 16, 2017 by Tom Terrarosa U.S. oil and natural gas producers added six drilling rigs over the past week, bringing the...
When conveying real estate in Oklahoma, including any interest in minerals, there are numerous types of instruments of conveyance a landowner may...
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[NEW YORK] Oil prices increased on Thursday as traders assessed a tightening of crude supplies and new US tariffs and their expected effect on the world’s economy.
Brent crude futures gained 24 cents, or 0.3 per cent, to settle at US$74.03 a barrel. US West Texas Intermediate crude futures rose 27 cents to US$69.92. On Wednesday, oil prices rose about 1 per cent to their highest since February.
Market participants were weighing escalating trade war risks. US President Donald Trump unveiled his plan on Wednesday to implement 25 per cent tariffs on imported cars and light trucks, effective next week, while those on auto parts begin on May 3.
“The biggest headwind for oil right now is the concern about tariffs, which might slow demand,” said Phil Flynn, senior analyst with Price Futures Group.
On Tuesday, Trump imposed new 25 percent tariffs on potential buyers of Venezuelan crude oil.
U.S. stocks ended lower Thursday, after struggling for direction as investors focused on new automobile tariffs and waited on Friday's release of the Federal Reserve's preferred inflation gauge.
The blue chip Dow Jones Industrial Average ended about 155 points, or 0.4%, near 42,229, according to preliminary data.
The S&P 500 closed about 0.3% lower.
The Nasdaq Composite ended down 0.5%.
U.S. auto stocks fell sharply, including shares of Ford Motor Co., General Motors Co. and Stellantis, while those of Tesla Inc. gained.
The United Arab Emirates is making a major financial play in the United States,...
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President Donald Trump on Monday announced a sharp new move aimed at Venezuela’s oil...
The oil and gas industry enters the second quarter of 2025 with cautious optimism....
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