Steady OPEC, ECB, pull oil prices lower

Daniel J. GraeberNEW YORK, June 2 (UPI) — The prospects of a stand-still agreement from members of OPEC and a lackluster outlook for the European economy pushed oil prices lower early Thursday.

IHS: Oil, U.S. leverage may be linked

Daniel J. GraeberENGLEWOOD, Calif., June 2 (UPI) — The next U.S. president may be holding the keys to global leverage as lower crude oil prices push geopolitical risk back on the table, a new report found.

Texas economy showing some confidence

Daniel J. GraeberDALLAS, June 2 (UPI) — Though much of the Texas oil economy remains under pressure, a report from the Federal Reserve Bank of Dallas found cautious optimism on the margins.