September 4, 2016 archive

WTI and Brent Crude Settle Higher on Friday, Lower for the Week

Crude oil futures rallied on Friday as August’s slow job growth decreased pressure on demand for oil, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude rose $1.28, or 3%, to settle at $44.44 a barrel. For the week, prices were down roughly 6.7%. On London’s ICE Futures Exchange, …

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Quake Leaves Damage in Pawnee—Felt Throughout Midwest

  “It shook the doors open from the freezer and knocked ice cream on the floor.”     Just as Oklahomans were praising the plan of the Oklahoma Corporation Commission to cut down on the number of wastewater injection wells and reduce the occurrences of strong earthquakes, the state endured one of its strongest quakes …

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Oil and Gas Rig Counts Grow in Oklahoma and the U.S.

  Both Oklahoma and the U.S. oil and gas rig counts grew over the past week with Oklahoma adding four more rigs to reach a total of 66 working rigs, according to figures released by Baker Hughes Company. The nation’s count grew by 8 to hit 497 working rigs including one more oil rigs and 7 …

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