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TODAYS TOP STORIES
Oil's slide continues, with crude below $93
Oil prices are falling for a third day, as traders realize that a recent run-up to $100 may have been overdone.
Oil was at $92.34 in late morning trading on the New York Mercantile Exchange. That's a decline of $2.95, or 3.1 percent.
Several things are pushing prices down. Analysts say traders are taking profits after oil got above $100 per barrel on Friday for the first time since May. Oil has fallen about 7 percent this week.
And there have more signs this week that the global economy is slowing down, which tends to push oil prices down because people and businesses use less energy.
Also, a U.S. government report on Wednesday shows crude inventories rose much more last week than analysts had expected.
Posted: Wednesday, September 19 2012, 08:50 PM CDT
IN OKLAHOMA NEWS
More severe storms in the offing for Oklahoma
May 19, 2013 18:44 GMT
OKLAHOMA CITY (AP) -- The Storm Prediction Center in Norman says there is a risk of strong tornadoes in a storm system developing in central Oklahoma.
Forecasters say storms are expected to form Sunday afternoon evening and that the advised area includes portions of Kansas, Missouri and Nebraska.
The center says moist and unstable conditions are meeting upper-level winds that have the potential to spin off tornadoes. Forecasters say large hail and damaging winds in some areas are also possible.
Officials say residents should monitor reports for possible watches, warnings or weather statements later in the day.
State and local emergency managers are monitoring conditions.
OKLAHOMA HEADLINES
More severe storms in the offing for Oklahoma
Enbridge Energy planning pipeline into Oklahoma
Tornado watch issued for western, central Oklahoma
Forecasters: Potential tornado threat for Oklahoma
Time waning for Okla. lawmakers to tackle credits
Okla. man to be tried on charge from 1997 death
Man arrested after Enid infant shows injuries
Okla. AG sought delay in regional haze hearing
NATIONAL HEADLINES
Obama exhorts good deeds by Morehouse graduates
Portland revisits issue of public fluoridation
AP CEO calls records seizure unconstitutional
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OKLAHOMA WEATHER
82°
From the FOX 25 First Forecast Center..
Tornado watch for western and central OK until 11 pm Saturday night. Severe t'storms may also produce large hail and damaging winds. ...
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