Oil prices up ahead of OPEC+ meeting

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

Anxious to see whether OPEC ministers will keep a steady pace in raising oil supplies, investors didn’t back away from putting their money in crude oil futures on Friday. They also liked what they saw in Oklahoma energy stocks as oil finished just short of a three-year high.

West Texas Intermediate crude for November delivery rose 85 cents to settle at $75.88 a barrel.

Global benchmark Brent crude went up 97 cents or 1.2% to finish the day at $79.28 in its fourth weekly rise.

Investors await Monday’s meeting of OPEC+ as the group is under growing pressure from the Biden administration as well as India to produce more oil to help lower prices.

 The Friday jump in oil prices led the way for Oklahoma energy stocks that recorded gains for the day, including a more than 14.5% increase for LSB Industries.
Alliance Resource Partners, L.P.
NASDAQ: ARLP
11.50 USD +0.63 (5.80%)
Blueknight Energy Partners LP Common Stock
NASDAQ: BKEP
3.08 USD +0.030 (0.98%)
Chesapeake Energy Ord Shs
NASDAQ: CHK
62.08 USD +0.49 (0.80%)
Cimarex Energy Co
NYSE: XEC
87.20 USD

Closed: Sep 30, 7:07 PM EDT · Disclaimer
After hours 87.26 +0.060 (0.069%)
Continental Resources, Inc.
NYSE: CLR
47.36 USD +1.20 (2.60%)
Cypress Environmental Partners LP
NYSE: CELP
1.66 USD −0.090 (5.14%)
Devon Energy Corp
NYSE: DVN
36.81 USD +1.31 (3.69%)
Enable Midstream Partners LP
NYSE: ENBL
8.29 USD +0.17 (2.09%)
Gulfport Energy Corp
NYSE: GPOR
82.02 USD −0.20 (0.24%)
Helmerich & Payne, Inc.
NYSE: HP
28.55 USD +1.15 (4.20%)
LSB Industries, Inc.
NYSE: LXU
11.73 USD +1.49 (14.55%)
Laredo Petroleum Inc
NYSE: LPI
85.03 USD +3.86 (4.76%)
Magellan Midstream Partners, L.P.
NYSE: MMP
45.73 USD +0.16 (0.35%)
Mammoth Energy Services Inc
NASDAQ: TUSK
3.04 USD +0.13 (4.47%)
Matrix Service Co
NASDAQ: MTRX
10.82 USD +0.36 (3.44%)
NGL Energy Partners LP
NYSE: NGL
2.39 USD +0.0100 (0.42%)
OGE Energy Corp.
NYSE: OGE
33.00 USD +0.035 (0.11%)
ONE Gas Inc
NYSE: OGS
65.01 USD +1.57 (2.47%)
ONEOK, Inc.
NYSE: OKE
59.45 USD +1.45 (2.50%)
Ovintiv Inc
NYSE: OVV
33.12 USD +0.25 (0.76%)
PHX Minerals Inc
NYSE: PHX
3.19 USD +0.13 (4.25%)
SandRidge Energy Inc.
NYSE: SD
13.59 USD +0.61 (4.70%)
Units Ord Shs
OTCMKTS: UNTC
31.00 USD +0.50 (1.64%)
Williams Companies Inc
NYSE: WMB
26.40 USD +0.47 (1.81%)
Oil prices up over Saudi output cut, vaccine hopes
The Texas Energy Report showed other energy stocks also had strong gains in Friday’s trading.

Apache (APA) up 0.37 at 21.80 – change 1.72%

Cabot Oil & Gas (COG) up 0.49 at 22.25 – change 2.25%

Cheniere (LNG) up 1.15 at 98.83 – change 1.18%

Chevron (CVX) up 2.88 at 104.33 – change 2.83%

ConocoPhillips (COP) up 2.33 at 70.09 – change 3.43%

Diamondback Energy (FANG) up 4.19 at 98.86 – change 4.42%

Energy Transfer LP (ET) up 0.17 at 9.75 – change 1.77%

Enterprise Products Partners (EPD) up 0.16 at 21.80 – change 0.73%

EOG Resources (EOG) up 3.64 at 83.91 – change 4.53%

ExxonMobil (XOM) up 2.11 at 60.93 – change 3.58%

Kinder Morgan (KMI) up 0.18 at 16.91 – change 1.07%

Marathon Oil Corp. (MRO) up 0.56 at 14.24 – change 4.16%

National Oilwell Varco (NOV) up 0.37 at 13.48 – change 2.82%

Occidental Petroleum (OXY) up 1.57 at 31.15 – change 5.30%

Phillips 66 (PSX) up 2.54 at 72.56 – change 3.62%

Pioneer Natural Resources (PXD) up 8.17 at 174.68 – change 4.90%

Valero (VLO) up 3.05 at 73.62 – change 4.32%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.20 at 81.38 – change 0.24%

CenterPoint (CNP) up 0.30 at 24.90 – change 1.21%

Entergy (ETR) up 0.06 at 99.37 – change 0.06%