Crude oil prices settled back above $70

 

COVID-19 vaccines trigger oil prices up | Nairametrics

 

Crude oil prices rebounded in Thursday’s trading as benchmark US prices finished again above $70 a barrel.

West Texas Intermediate crude for July delivery finished up 33 cents at $70.29 a barrel in trading on the New York Mercantile Exchange.

Global benchmark Brent crude for August delivery closed up 30 cents at $72.52 a barrel on ICE Futures Europe.

July natural gas rose 2 cents to $3.15 per 1,000 cubic feet.

Oklahoma energy stocks didn’t reflect a strong day in Thursday’s trading.  LSB Industries Inc. recorded a loss of 4.99% on a 36 cent fall to $6.85.

Alliance Resource Partners, LP fell 2.64% on a 19 cent slide to $7.01.

Blueknight Energy Partners LP Common Stock fell 2 cents for a 0.50% loss to $3.98.
Chesapeake Energy finished up 15 cents at $55.58 for a 0.27% gain.
Cimarex Energy Co rose 38 cents for a 0.53% gain to $71.98.
Continental Resources Inc. slipped 15 cents to $35.29 for a 0.42% loss.
Cypress Environmental Partners LP rose 3 cents to close at $2.55 for a 1.19% gain.
Devon Energy Corp fell 53 cents for a 1.77% loss to $29.39.
Enable Midstream Partners LP rose 19 cents to $9.48 for a gain of 2.05%.
Gulfport Energy Operating Corp. rose $1.73 for a 2.80% gain to $63.60.
Helmerich & Payne, Inc. dropped 27 cents for a 0.82% loss to $32.66.
Laredo Petroleum Inc. lost 5.30% on a $3.52 fall to $62.88.
Magellan Midstream Partners LP gained 2.84% on a $1.48 increase to $53.53.
Mammoth Energy Services Inc. fell 9 cents for a 2.35% loss to $3.74.
Matrix Service Co. closed down 28 cents at $10.77 for a 2.53% loss.
NGL Energy Partners LP finished up 2 cents for a 0.88% gain to $2.30.
OGE Energy Corp. had a 41 cent increase to $34.89 for a gain of 1.19%.
ONE Gas Inc recorded a 1.21% gain on a 93 cent increase to $77.62.
ONEOK Inc. closed down 6 cents for a 0.11% loss to $54.78.
PHX Minerals Inc. finished down 1 cent at $3.38 for a 0.29% loss.
SandRidge Energy Inc. rose 10 cents to $6.32 for a gain of 1.61%.
Unit Corporation was unchanged at $16.
Williams Companies Inc. lost 1.49% on a 42 cent fall to $27.71.
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The Texas Energy Report had details on other energy stocks.

Cabot Oil & Gas (COG) up 0.09 at 17.30 – change 0.52%

Chevron (CVX) up 0.63 at 108.41 – change 0.58%

ConocoPhillips (COP) up 0.49 at 60.17 – change 0.82%

Diamondback Energy (FANG) down 1.29 at 86.99 – change 1.46%

Energy Transfer LP (ET) up 0.18 at 11.05 – change 1.66%

Enterprise Products Partners (EPD) up 0.24 at 25.05 – change 0.97%

EOG Resources (EOG) up 0.40 at 86.17 – change 0.47%

ExxonMobil (XOM) up 0.14 at 62.75 – change 0.22%

Kinder Morgan (KMI) up 0.17 at 19.00 – change 0.90%

Marathon Oil Corp. (MRO) up 0.11 at 13.47 – change 0.82%

National Oilwell Varco (NOV) down 0.29 at 16.91 – change 1.69%

Occidental Petroleum (OXY) down 0.02 at 28.33 – change 0.07%

Phillips 66 (PSX) down 0.84 at 91.64 – change 0.91%

Pioneer Natural Resources (PXD) down 4.62 at 163.13 – change 2.75%

Valero (VLO) down 0.05 at 81.94 – change 0.06%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.28 at 84.73 – change 0.33%

CenterPoint (CNP) up 0.18 at 25.95 – change 0.70%

Entergy (ETR) up 1.03 at 108.66 – change 0.96%