Crude prices in US push closer to $80

Why US oil prices crashed and how it will affect you | Fossil Fuels | Al Jazeera

 

Crude oil prices made another gain on Friday as the U.S. benchmark moved closer to $80 a barrel, helping oil to end up with a 4% increase in prices for the week.

West Texas Intermediate crude for November delivery finished up $1.05 or 1.3% at $79.35, the highest close since Halloween, 2014.

Global benchmark, Brent crude for December delivery rose 44 cents or 0.5% and closed at $82.39 a barrel on ICE Futures Europe. Earlier in the week, Brent hit a three-year high of $83.47.

The 4% gain for the week came after OPEC+ announced it would stay on the course of gradually bringing back crude production.

Oklahoma energy stocks rebounded on Friday with a 7% gain by Cypress Environmental and  4% gains recorded by Continental Resources, Gulfport Energy and Mammoth Energy.

Alliance Resource Partners, L.P.
NASDAQ: ARLP
11.76 USD −0.010 (0.085%)
Blueknight Energy Partners LP Common Stock
NASDAQ: BKEP
3.07 USD +0.050 (1.66%)
Chesapeake Energy Ord Shs
NASDAQ: CHK
65.78 USD +1.03 (1.59%)
Cabot Oil & Gas Corporation (Coterra Energy)
NYSE: CTRA
22.27 USD +0.26 (1.18%)
Continental Resources, Inc.
NYSE: CLR
53.43 USD +2.11 (4.11%)
Cypress Environmental Partners LP
NYSE: CELP
1.72 USD +0.11 (6.83%)
Devon Energy Corp
NYSE: DVN
39.86 USD +1.45 (3.78%)
Enable Midstream Partners LP
NYSE: ENBL
8.48 USD +0.23 (2.79%)
Gulfport Energy Corp
NYSE: GPOR
85.80 USD +3.43 (4.16%)
Helmerich & Payne, Inc.
NYSE: HP
30.79 USD +0.27 (0.88%)
LSB Industries, Inc.
NYSE: LXU
12.44 USD +0.090 (0.73%)
Laredo Petroleum Inc
NYSE: LPI
90.42 USD −1.62 (1.76%)
Magellan Midstream Partners, L.P.
NYSE: MMP
47.32 USD +1.00 (2.16%)
Mammoth Energy Services Inc
NASDAQ: TUSK
3.04 USD −0.14 (4.40%)
Matrix Service Co
NASDAQ: MTRX
10.40 USD −0.060 (0.57%)
NGL Energy Partners LP
NYSE: NGL
2.41 USD +0.070 (2.99%)
OGE Energy Corp.
NYSE: OGE
33.06 USD −0.12 (0.36%)
ONE Gas Inc
NYSE: OGS
67.71 USD +0.39 (0.58%)
Ovintiv Inc
NYSE: OVV
38.41 USD +0.95 (2.54%)
PHX Minerals Inc
NYSE: PHX
3.46 USD +0.060 (1.76%)
SandRidge Energy Inc.
NYSE: SD
13.65 USD +0.38 (2.86%)
Units Ord Shs
OTCMKTS: UNTC
36.00 USD 0.00 (0.00%)
Williams Companies Inc
28.32 USD+0.68 (2.46%)
OPEC+ Seen Sticking to Planned Output Hike as Oil Prices Rebound - Bloomberg
 Check out how other energy stocks did according to the Texas Energy Report. 

Apache (APA) up 1.56 at 24.36 – change 6.84%

Cheniere (LNG) down 0.39 at 99.67 – change 0.39%

Chevron (CVX) up 2.37 at 108.05 – change 2.24%

ConocoPhillips (COP) up 3.41 at 74.92 – change 4.76%

Diamondback Energy (FANG) up 4.78 at 109.90 – change 4.54%

Energy Transfer LP (ET) up 0.30 at 9.94 – change 3.11%

Enterprise Products Partners (EPD) up 0.39 at 23.51 – change 1.68%

EOG Resources (EOG) up 4.74 at 90.53 – change 5.52%

ExxonMobil (XOM) up 1.52 at 62.18 – change 2.50%

Kinder Morgan (KMI) up 0.53 at 17.47 – change 3.12%

Marathon Oil Corp. (MRO) up 0.71 at 16.07 – change 4.62%

National Oilwell Varco (NOV) up 0.55 at 14.62 – change 3.90%

Occidental Petroleum (OXY) up 1.14 at 33.63 – change 3.54%

Phillips 66 (PSX) up 2.83 at 82.13 – change 3.56%

Pioneer Natural Resources (PXD) up 8.42 at 193.08 – change 4.55%

Valero (VLO) up 2.70 at 78.59 – change 3.55%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.57 at 83.58 – change 0.67%

CenterPoint (CNP) down 0.03 at 25.54 – change 0.12%

Entergy (ETR) down 0.27 at 103.19 – change 0.27%