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Results for "Cushing"

23 stories found

Oil Prices Soar to Six-Week Highs
Financezerohedge1mo ago

Oil Prices Soar to Six-Week Highs

Oil prices have surged to six-week highs, driven by factors including Trump's threats, a dip in US production, and low crude inventories at Cushing.

Trump Addresses Iran Tensions Amidst Diplomatic Engagements
PoliticsAPbloombergNYT+63wsjFTle-mondewapoThe GuardianNPRAl JazeeraCNN+55 more3mo ago66 sources

Trump Addresses Iran Tensions Amidst Diplomatic Engagements

President Trump engaged in discussions regarding tensions with Iran, including talks with Turkish President Erdogan and statements about the conflict's final stages. This occurred as Iran made moves to control the Strait of Hormuz, prompting calls for a firm response.

Tornadoes and Severe Storms Strike Oklahoma
EnvironmentYahoohindustan-times4mo ago2 sources

Tornadoes and Severe Storms Strike Oklahoma

Oklahoma experienced severe thunderstorms and tornadoes, with a notable tornado emerging in Ponca City and strong winds affecting Cushing. The state was impacted by intense storm activity, including hail.

Oil Prices Approach $100 Amid Middle East Shipping Risks and Low SPR Levels
WorldThe Guardianzerohedgeazernews5d ago3 sources

Oil Prices Approach $100 Amid Middle East Shipping Risks and Low SPR Levels

Brent crude approaches $92 a barrel as oil prices continue to rise, driven by factors such as distillate stock draws, Cushing storage nearing 'tank bottoms', and the Strategic Petroleum Reserve (SPR) reaching 43-year lows. A missile strike on a cargo ship in the Bab el-Mandeb Strait has further impacted global oil markets, pushing crude prices higher towards $100 as winter approaches.

US and Iran Reportedly Agree to Ceasefire Framework, Awaiting Trump's Approval
WorldAPBBCNYT+82FTwapoThe GuardianNPRAl JazeeraCNNFox Newsnzz+74 more2mo ago85 sources

US and Iran Reportedly Agree to Ceasefire Framework, Awaiting Trump's Approval

Reports indicate that the United States and Iran have reached a framework agreement for a 60-day ceasefire, potentially involving the reopening of the Strait of Hormuz, but the deal is awaiting final approval from President Trump. While some sources confirm a memorandum of understanding, Tehran has denied the reports, and traders remain skeptical about a broader nuclear deal this year.

Cushing Oil Stocks Crash to Seasonal Lows
Worldzerohedge2mo ago

Cushing Oil Stocks Crash to Seasonal Lows

Cushing oil stocks have crashed to 'tank bottoms,' reaching their seasonally lowest levels since 2005, while the Strategic Petroleum Reserve (SPR) continues to see a significant drain. This decline in oil inventories comes amidst recent drops in oil prices.

US Crude Oil Stocks Near Record Lows
WorldBangkok Post2mo ago

US Crude Oil Stocks Near Record Lows

Oil storage tanks in Cushing, Oklahoma, a major pipeline crossroads, are reportedly nearly empty, indicating that US crude stocks are close to rock bottom due to global demand.

Hammer Films to Re-release 1958 Dracula with Lost Footage
CultureThe Guardian3mo ago

Hammer Films to Re-release 1958 Dracula with Lost Footage

Hammer Films is set to re-release its 1958 horror classic "Dracula" in UK cinemas, featuring previously lost footage deemed too gruesome by censors. The restored version will include scenes starring Christopher Lee and Peter Cushing.

Iran Rejects US Talks While White House Confirms Peace Plan Elements; Gold Holds Gain Amid Negotiations
WorldReutersBBCbloomberg+57economistwsjFTThe GuardianAl JazeeraCNNFox Newsnrk+49 more5mo ago60 sources

Iran Rejects US Talks While White House Confirms Peace Plan Elements; Gold Holds Gain Amid Negotiations

Tehran has rejected reports of direct talks with the US, instead laying out its own terms to end the conflict, while the White House acknowledges 'elements of truth' to Washington offering a peace plan, further complicating ongoing back-channel diplomacy. Gold prices have held gains following reports of US negotiations aimed at ending the Iran War.