OklahomaMinerals.com

Snippets

• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for August delivery...
  Benchmark U.S. crude oil for August delivery rose 84 cents to $81.74 per barrel Thursday. Brent crude for August delivery rose $1.14 to $86.39 per barrel.
  
  Wholesale gasoline for July delivery was unchanged at $2.54 a gallon. July heating oil rose 1 cent to $2.55 a gallon. August natural gas fell 6 cents to $2.69 per 1,000 cubic feet.
  
  
  Read More
• Dow ekes out gain as U.S. stocks close higher ahead of Friday's inflation report
  U.S. stocks ended higher on Thursday, with the Nasdaq Composite scoring...
  U.S. stocks ended higher on Thursday, with the Nasdaq Composite scoring a three-session win streak ahead of the quarter's end.
  
  The Dow Jones Industrial Average rose about 36 points, or 0.1%, to end near 39,164 after shaking off earlier weakness.
  
  The S&P 500 index gained about 5 points, or 0.1%, closing near 5,482.
  
  The Nasdaq Composite advanced about 53 points, or 0.3%, to finish near 17,858.
  Read More
• Jobless claims retreat in latest week
  The numbers: The Labor Department said Thursday that...
  The numbers: The Labor Department said Thursday that initial jobless claims fell by 6,000 to 233,000 in the week ended June 22.  Economists polled by The Wall Street Journal had estimated new claims would fall to 235,000.
  
  Last week's claims rose by a revised 4,000 to 239,000. That compared with the initial estimate of a drop of 5,000 to 238,000.
  Read More
• EIA Report: Cushing sees a drop in crude oil storage while the US recorded a gain
  The U.S. saw a gain in crude oil stocks while the amount held in storage...
  The U.S. saw a gain in crude oil stocks while the amount held in storage at Oklahoma’s Cushing Hub declined. Cushing’s stocks totaled 33.9 million barrels as of June 21, down 200,000 barrels from the 34.1 million barrels recorded on June 14. The regional hub has seen a decline since early May when, according to the EIA, there were 35 million barrels on hand.
  
  The U.S. Energy Information Administration reported the U.S. saw a gain of 3.6 million barrels of crude oil, from 457.1 million barrels recorded on June 14 to 460.7 million barrels as of June 21.
  
  The nation’s crude stocks fell by 2.6 million barrels in the previous reporting period.
  Read More
• Asteroids Passing by Earth
  An asteroid is scheduled to...
  An asteroid is scheduled to pass an estimated 4 million miles from Earth today, its closest encounter in over 100 years. 
  
  Roughly the size of Mount Everest at 1.4 miles wide, asteroid 2011 UL21 was once predicted to have a one in 71 million chance of hitting Earth by the end of the decade—an estimate experts now put at zero. Later this week, a much smaller asteroid, roughly the size of a stadium and discovered days ago, is scheduled to pass within roughly 75% of the distance to the moon. A planet-killing asteroid is not expected to threaten Earth for at least the next 1,000 years, though NASA recently conducted an exercise to gauge readiness (see more).
  
  The asteroids come days before Asteroid Day on June 30, timed to commemorate the 1908 Tunguska event in Siberia. An explosion that day was believed to be the largest observed asteroid strike, roughly 1,000 times as powerful as the blast at Hiroshima.
  Read More

• Prev
• Next