State Oklahoma Financial News

By David Shepardson

WASHINGTON (Reuters) -The top job in the U.S. House of Representatives remained vacant on Saturday, after hardline Republican Jim Jordan failed in his third bid for the gavel and dropped out of the race.

Martin Scorsese's highly-anticipated film, «Killers of the Flower Moon,» featuring A-list actors Leonardo DiCaprio, Robert De Niro, and Lily Gladstone, audiences are transported to the dark and haunting history of the 1920s Osage murders in Oklahoma. This cinematic masterpiece sheds light on a sinister chapter in American history, and Caryn James delves into the terrible true story that inspired the film. «They won't remember,» says Robert De Niro's character in the film, reflecting the delusion of William Hale, a cattle baron in 1920s Oklahoma, who believed the Osage Nation would forget the systematic killings of their wealthy members for oil money.

Killers of the Flower Moon" is officially releasing at theatres on October 20, 2023. Previously, the film was scheduled for a limited release on October 6, 2023, followed by a nationwide premiere in theaters across North America. Before its theatrical release, Killers of the Flower Moon made its world premiere at the esteemed Cannes Film Festival on May 20, 2023. This film marks the return of acclaimed director Martin Scorsese, his first movie since 2019's The Irishman. It also reunites Scorsese with veteran actors Robert De Niro and Leonardo DiCaprio, who portray a powerful Oklahoma rancher and his nephew, Ernest. The cast is complemented by Lily Gladstone, who plays Ernest's Osage wife and whose family becomes the target of a series of brutal murders. «Killers of the Flower Moon» is set to have a theatrical release through Paramount Pictures, and it's also a co-production with Apple TV Plus. This means that the film will eventually be available for streaming on the platform. However, as of now, Apple TV+ has not confirmed a specific release date for the movie. In general, most movies become available for streaming approximately 45 days after their theatrical premiere. This suggests that Killers of the Flower Moon could potentially arrive on Apple TV+ as early as December 2023. However, given the significance of this movie, it might take up to 90 days or more before it becomes available for streaming. Therefore, it's advisable to keep an eye out for updates regarding its streaming release.

LOUISVILLE—Humans have been digging ditches for thousands of years. Don Pemberton digs them just a bit quicker. Instead of using hands and shovels, he climbs into a souped-up, hot-rodded, 850-horsepower machine that digs trenches at 100 feet a minute, five times as fast as a normal machine used by utilities and excavators.

Killers of the Flower Moon", Martin Scorsese's highly anticipated crime saga, is set to be the sole new nationwide release this weekend. It aims to achieve a box office debut of $20 million to $30 million across 3,621 theaters in North America. However, it faces a formidable opponent in Taylor Swift's «The Eras Tour,» which dominated the box office last weekend and is expected to maintain its lead with earnings ranging from $35 million to $40 million in its second week. The movie features Leonardo DiCaprio, and Robert De Niro in pivotal roles. The movie «Killers of the Flower Moon», boasting a substantial budget of $200 million, is being distributed by Paramount Pictures, with support from Apple. It is worth noting that the film will eventually become available on Apple's streaming platform at a later date. Scorsese considers “Killers of the Flower Moon” “an internal spectacle.” The Oklahoma-set film, adapted from David Grann’s 2017 bestseller, might be called his first Western. But while developing Grann’s book, which chronicles the Osage murders and the birth of the FBI, Scorsese came to the realization that centering the film on federal investigator Tom White was a familiar a type of Western. «Killers of the Flower Moon», which in May earned rave reviews following its world premiere at the Cannes Film Festival, is scheduled to be released in the US on October 20. It also stars Lily Gladstone, Jesse Plemons, Tantoo Cardinal, John Lithgow, and Brendan Fraser.

Investing.com — Crude stockpiles fell by 4.5 million barrels in the United States last week as exports accelerated from inroads made by US oil into overseas markets, while supply cuts by OPEC+ resulted in lower imports, a government report showed Wednesday.

Oil rose sharply Friday on fears that the fighting between Israel and Hamas could destabilize the Middle East and crimp global supply as Iran said a new front to the conflict was possible.

Investing.com — US crude oil stocks possibly rose by nearly 13 million barrels last week in what could be the highest build since February, petroleum trade group API reported Tuesday.  

Major cryptocurrency exchange operator OK Group continues transforming its business, rebranding its crypto ventures under the single name “OKX.”

Investing.com — US stockpiles of gasoline jumped almost 6.5 million barrels last week, the biggest build in nearly two years, a government report showed on Wednesday, as refiners optimized processing of oil to capitalize on still-good profit margins despite waning seasonal demand for fuels. 

Investing.com — US crude oil stockpiles possibly fell as much as 4.0 million barrels last week while inventories of gasoline likely rose by an almost similar level of 3.9 million, as refiners appeared to maximize fuel production due to lucrative returns, petroleum trade group API reported Tuesday.

McCarthy's ability to remain in leadership was thrown into serious risk on Tuesday after the House voted to move ahead with an effort by hard-right Republican critics to oust him. The narrow outcome forced by McCarthy's chief rival, Rep. Matt Gaetz of Florida, brought together a handful of conservative Republican critics of the speaker and many Democrats who say he is unworthy of leadership.

Edelman Financial Engines has acquired Align Wealth Management, a registered investment advisory firm that manages $425 million in assets, Edelman announced Tuesday.

By Jonathan Stempel

By Robert Harvey

Oil prices surged 3% on Wednesday to the highest settlement in 2023, after a steep drop in U.S. crude stocks compounded worries of tight global supplies. Brent crude futures closed up $2.59, or 2.8%, at $96.55. It breached $97 a barrel during the session.

By Florence Tan and Mohi Narayan

Investing.com-- Oil prices rose sharply in Asian trade on Thursday, with U.S. crude futures hitting an over one-year high on continued signs of tighter supply, while positive data from China also aided sentiment. 

Oil prices scaled one-year highs on Thursday, while world stocks eyed their longest losing streak in two years as worries deepened about persistently high interest rates, sending investors to shelter in the safety of a surging U.S. dollar. A surprisingly big drop in crude stocks at Cushing, Oklahoma, stoked concern that fuel demand is outstripping production right when markets least needed another supply-side shock. U.S.

Oil prices rose in early Asian trade on Thursday after surging to the highest settlement in 2023 in the previous session as a steep drop in U.S. crude stocks added to worries of tight global supplies. Brent crude futures climbed 16 cents to $96.71 a barrel by 0001 GMT.