September 1, 2017 archive

State Supreme Court Rules Vehicle Sales Tax is Constitutional

By a vote of 5-4, the Oklahoma Supreme Court on Thursday struck down the vehicle sales tax measure that passed in May during the last week of legislative session. Legislators used a repealer to eliminate an exemption to the tax on automobile sales. The bill was contested on the allegation that it created a new …

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WTI and Brent Crude Futures Jump on Thursday

Crude oil futures rallied on Thursday as flooding continued to disrupt refinery operations along the Gulf Coast, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude oil rose $1.27, or 2.8%, to settle at $47.23 a barrel. October Brent crude, the global benchmark, added $1.52, or 3%, to end …

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