Crude still above $82 a barrel in US and Europe

Crude Oil Corrects Over Rise In US Inventories, Iran Nuclear Talks; Brent Plunges 6.75% From Wednesday Highs

 

The drop in U.S. industrial output in September left oil prices weak on Monday as Brent fell while US prices rose only slightly. But both remain above $82 a barrel.

Both touched multi-year highs earlier in the day but enthusiasm for higher oil prices waned later. Brent crude for December delivery dropped 62 cents or 0.7% and finished the day at $82.26 a barrel on ICE Futures Europe. Earlier, the global benchmark hit $86.04, the highest price since October 2018.

West Texas Intermediate crude for November delivery managed a 12 cent increase or 0.1% and closed at $82.40, but only after hitting $83.37 earlier, the highest level since October 2014.

Of the Oklahoma energy stocks on Monday, two firms saw gains of more than 7%. They were Cypress Environmental Partners and PHX Minerals Inc.

 

Alliance Resource Partners, L.P.
NASDAQ: ARLP
12.56 USD +0.82 (6.98%)
Blueknight Energy Partners LP Common Stock
NASDAQ: BKEP
3.40 USD 0.00 (0.00%)
Chesapeake Energy Ord Shs
NASDAQ: CHK
63.19 USD +0.44 (0.70%)
Cabot Oil & Gas Corporation (Coterra Energy)
NYSE: CTRA
20.40 USD +0.060 (0.29%)
Continental Resources, Inc.
NYSE: CLR
52.18 USD +0.050 (0.096%)
Cypress Environmental Partners LP
NYSE: CELP
1.77 USD +0.12 (7.27%)
Devon Energy Corp
NYSE: DVN
40.52 USD +0.42 (1.05%)
Enable Midstream Partners LP
NYSE: ENBL
8.57 USD +0.050 (0.59%)
Gulfport Energy Corp
NYSE: GPOR
83.47 USD −0.72 (0.86%)
Helmerich & Payne, Inc.
NYSE: HP
34.29 USD +1.53 (4.67%)
LSB Industries, Inc.
NYSE: LXU
9.07 USD −0.19 (2.05%)
Laredo Petroleum Inc
NYSE: LPI
73.90 USD −0.69 (0.93%)
Magellan Midstream Partners, L.P.
NYSE: MMP
49.95 USD +1.14 (2.34%)
Mammoth Energy Services Inc
NASDAQ: TUSK
3.30 USD −0.080 (2.37%)
Matrix Service Co
NASDAQ: MTRX
10.14 USD −0.25 (2.41%)
NGL Energy Partners LP
NYSE: NGL
2.78 USD +0.020 (0.72%)
OGE Energy Corp.
NYSE: OGE
33.39 USD −0.35 (1.05%)
ONE Gas Inc
NYSE: OGS
66.36 USD −1.52 (2.24%)
ONEOK, Inc.
NYSE: OKE
65.19 USD +0.070 (0.11%)
Ovintiv Inc
NYSE: OVV
39.43 USD +0.17 (0.43%)
PHX Minerals Inc
NYSE: PHX
3.58 USD +0.24 (7.19%)
SandRidge Energy Inc.
NYSE: SD
11.81 USD +0.29 (2.52%)
Units Ord Shs
OTCMKTS: UNTC
35.00 USD 0.00 (0.00%)
Williams Companies Inc
NYSE: WMB
29.29 USD −0.26 (0.88%)
Oil price tops $80 per barrel for first time in three years | TheCable
 Of other energy stocks, Occidental Petroleum saw a more than 4% gain for the day according to the Texas Energy Report.

Apache (APA) up 0.56 at 26.93 – change 2.12%

Cheniere (LNG) up 1.02 at 111.51 – change 0.92%

Chevron (CVX) down 0.05 at 109.56 – change 0.05%

ConocoPhillips (COP) up 0.36 at 74.50 – change 0.48%

Diamondback Energy (FANG) up 0.98 at 109.26 – change 0.90%

Energy Transfer LP (ET) up 0.06 at 10.05 – change 0.60%

Enterprise Products Partners (EPD) up 0.32 at 24.57 – change 1.31%

EOG Resources (EOG) down 0.31 at 89.31 – change 0.35%

ExxonMobil (XOM) down 0.03 at 62.56 – change 0.05%

Kinder Morgan (KMI) up 0.01 at 18.47 – change 0.05%

Marathon Oil Corp. (MRO) up 0.25 at 16.43 – change 1.54%

National Oilwell Varco (NOV) down 0.06 at 14.93 – change 0.41%

Occidental Petroleum (OXY) up 1.27 at 32.93 – change 4.01%

Phillips 66 (PSX) down 0.35 at 80.87 – change 0.44%

Pioneer Natural Resources (PXD) down 0.16 at 189.93 – change 0.09%

Valero (VLO) down 0.53 at 78.13 – change 0.68%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.50 at 82.99 – change 0.60%

CenterPoint (CNP) down 0.57 at 26.19 – change 2.10%

Entergy (ETR) down 0.48 at 101.77 – change 0.47%

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