After 7 days of losses, crude oil jumped 5% on Monday

AAA says Crude Oil Prices Hit Highest Price Point in Nine Months - Clarksville, TN Online

 

It took a week before crude oil prices finally managed a rebound on Monday, rising more than 5% thanks to a weaker dollar.

In the states, West Texas Intermediate crude for October delivery jumped $3.50 or 5.6% to finish the day at $65.64 a barrel.

Global benchmark Brent crude shot up $3.57 or 5.5% and ended the trading session at $68.75 on ICE Futures Europe. It earlier had reached its lowest level since May 21 at $64.60 during the session.

The climbing crude oil prices resulted in big gains for some Oklahoma energy stocks. Laredo gained nearly 13% while Continental Resources rose 7% and Devon went up more than 6%.
Alliance Resource Partners, L.P.
NASDAQ: ARLP

8.02 USD +0.19 (2.43%)

Blueknight Energy Partners LP Common Stock
NASDAQ: BKEP

3.14 USD −0.045 (1.41%)

Chesapeake Energy Ord Shs
NASDAQ: CHK

52.25 USD −0.076 (0.15%)

Cimarex Energy Co
NYSE: XEC

59.10 USD +1.27 (2.20%)

Continental Resources, Inc.
NYSE: CLR

36.22 USD +2.40 (7.10%)

Cypress Environmental Partners LP
NYSE: CELP

1.35 USD +0.031 (2.33%)

Devon Energy Corp
NYSE: DVN

27.26 USD +1.56 (6.07%)

 Enable Midstream Partners LP
NYSE: ENBL

7.83 USD +0.25 (3.30%)

Gulfport Energy Corp
NYSE: GPOR

64.85 USD +0.43 (0.67%)

Helmerich & Payne, Inc.
NYSE: HP

25.32 USD +1.19 (4.93%)

LSB Industries, Inc.
NYSE: LXU

8.57 USD +0.18 (2.15%)

Laredo Petroleum Inc
NYSE: LPI

42.60 USD +4.80 (12.70%)

Magellan Midstream Partners, L.P.
NYSE: MMP

47.26 USD −0.035 (0.074%)

Mammoth Energy Services Inc
NASDAQ: TUSK

3.41 USD +0.11 (3.33%)

Matrix Service Co
NASDAQ: MTRX

10.80 USD +0.18 (1.69%

NGL Energy Partners LP
NYSE: NGL

1.48 USD +0.030 (2.07%)

OGE Energy Corp.
NYSE: OGE

35.51 USD −0.37 (1.03%)

ONE Gas Inc
NYSE: OGS

72.28 USD −0.16 (0.22%)

ONEOK, Inc.
NYSE: OKE

51.98 USD +1.55 (3.07%)

Ovintiv Inc
NYSE: OVV

24.47 USD +1.35 (5.86%)

PHX Minerals Inc
NYSE: PHX

2.58 USD +0.050 (1.98%)

SandRidge Energy Inc.
NYSE: SD

8.90 USD +0.39 (4.58%)

Units Ord Shs
OTCMKTS: UNTC

21.25 USD −0.23 (1.07%)

Williams Companies Inc
NYSE: WMB

24.50 USD +0.45 (1.87%)

Plunge in Oil Prices Could Shake Up Middle East, Russia | Voice of America - English
The Texas Energy Report showed other energy stocks also had a strong day on Monday with Occidental Petroleum gaining nearly 7% and Diamondback Energy up 6%.

Cabot Oil & Gas (COG) up 0.23 at 14.65 – change 1.59%

Chevron (CVX) up 2.43 at 96.73 – change 2.57%

ConocoPhillips (COP) up 2.02 at 54.79 – change 3.82%

Diamondback Energy (FANG) up 4.01 at 72.20 – change 5.89%

Energy Transfer LP (ET) up 0.19 at 9.21 – change 2.10%

Enterprise Products Partners (EPD) up 0.34 at 21.92 – change 1.57%

EOG Resources (EOG) up 3.17 at 67.64 – change 4.91%

ExxonMobil (XOM) up 2.17 at 54.91 – change 4.11%

Kinder Morgan (KMI) up 0.34 at 16.28 – change 2.13%

Marathon Oil Corp. (MRO) up 0.57 at 11.30 – change 5.41%

National Oilwell Varco (NOV) up 0.39 at 12.58 – change 3.19%

Occidental Petroleum (OXY) up 1.52 at 23.47 – change 6.92%

Phillips 66 (PSX) up 2.85 at 68.80 – change 4.32%

Pioneer Natural Resources (PXD) up 4.23 at 145.55 – change 2.99%

Valero (VLO) up 2.91 at 63.11 – change 4.83%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.96 at 90.12 – change 1.06%

CenterPoint (CNP) down 0.16 at 26.18 – change 0.61%

Entergy (ETR) down 0.60 at 114.00 – change 0.53%