K.P. Energy Gets Inter-State Electricity Trading Licence in India; Shares Up 5%

Morgan Stanley Upgrades Phillips 66 to Overweight From Equalweight, Adjusts PT to $174 From $147

Phillips 66 (PSX) has an average rating of overweight and mean price target of $182.72, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

NWS Warns of Potential Severe Thunderstorms, Wildfire Risks, Flash Flooding

The US National Weather service issued few weather warnings on Friday, but signaled a risk of severe thunderstorms over the weekend, particularly in the southern Plains and into the Mississippi Valley, while in the western High Plains and Southeast, dry, breezy conditions could propagate wildfires.The severe thunderstorm warning covers Joplin, Branson, Fayetteville, Grove, Tulsa, Muskogee, all of which are clustered near the borders of Oklahoma, Missouri and Arkansas.Flash floods are possible in Stillwater in Oklahoma and to the east of Enid and a separate one for Kansas City and neighboring Olathe. Power providers there are Oklahoma Gas & Electric Company (OGE), Entergy Arkansas (ETR), Liberty (LBRT) and Ameren's (AEE) Missouri unit.The combination of wind and relatively low humidity prompted a warning of fire weather for all of the eastern half of Colorado, stretching into the southeastern corner of Wyoming and southwestern Nebraska.In Colorado, the warning covered Springfield, Kim, Trinidad, San Luis, Alamosa, La Veta Pass, Saguache, Westcliffe, Pueblo, Canon City, La Junta, Lamar, Eads, Salida, Buena Vista, Pikes Peak, Colorado Springs, Limon, Woodland Park, Leadville, Denver, Boulder, Akron, Fort Morgan, Greeley and Fort Collins.Power providers in Colorado are Xcel Energy (XEL) and Black Hills (BKH) utility Black Hills Energy.In southeastern Wyoming, the warning covered Cheyenne and Pine Bluffs. In southwestern Nebraska, affected areas were Kimball, Sidney, and a patch south of Harrisburg.The main Wyoming power provider is Rocky Mountain Power.In the northwestern and southwestern corners of Colorado, there was a freeze warning covering Baggs, Craig, Meeker, Rangely, Cortez and Durango.A freeze warning covered about half of Montana, its northern extremes and the southwest. Areas affected include Cut Bank, Havre, Malta, Glasgow, Jordan, Circle, Terry, Glendive and Plentywood in the north and Red Lodge, Bozeman, Butte, Helena and Missoula in the southwest.The freeze warning extended over the border into Idaho's Lowell and the edges of Grangeville and Riggins.The main power provider in Montana is Northwestern Energy (NWE) and MDU Resources (MDU) unit Montana-Dakota Utilities.

US Equity Futures Mixed Pre-Bell as Intel Results Bolster Nasdaq, Geopolitics Pushes Crude Oil Higher