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West Texas

Oil Prices Rise as Market May Not Be Oversupplied

Oil prices rose early on Tuesday as some analysts said markets might not be quite as oversupplied as suggested by many, with global inventories rising less than expected ahead of the high-demand winter heating season in the northern hemisphere. A drop in the dollar away from seven-month highs the previous day also supported crude, as

Oil prices stable on planned OPEC cut, but current glut still weighs

Brent crude oil prices steadied above $50 a barrel on Monday, supported by a planned production cut by exporter club OPEC, but still under pressure from an overhang in supply that currently exceeds consumption. International benchmark Brent crude futures LCOc1 were trading at $50.25 per barrel at 0651 GMT, up 6 cents from their last

New Mexico: 500 barrels of questionable nuke waste

 More than 500 barrels of waste from Los Alamos National Laboratory were packed with the kitty litter linked to a radiation release at the government’s underground nuclear waste dump, prompting the state Tuesday to order federal officials to move quickly to seal off the potentially dangerous containers. Environment Secretary Ryan Flynn Tuesday gave the U.S.