Crude oil makes big return to higher levels

EIA Forecasts Rising Oil Prices in 2021 - OILMAN Magazine

 

Crude oil prices took a major hike in Tuesday’s trading settling at more than $84 a barrel in the US and nearly $85 in Europe.

West Texas Intermediate crude for December delivery rose $2.22 to $84.15 a barrel in trading on the New York Mercantile Exchange.

Global benchmark Brent crude for January delivery increased $1.35 to finish the day at $84.78 a barrel on ICE Futures Europe.

Natural gas for December delivery slipped 45 cents to close at $4.98 per 1,000 cubic feet.

Some Oklahoma energy stocks made gains including nearly 5% by SandRidge Energy while Cypress Environmental suffered a nearly 7% loss for the day.

 

Alliance Resource Partners, L.P.
NASDAQ: ARLP
11.28 USD −0.29 (2.51%)
Blueknight Energy Partners LP Common Stock
NASDAQ: BKEP
3.38 USD +0.020 (0.59%)
Chesapeake Energy Ord Shs
NASDAQ: CHK
67.37 USD +1.15 (1.74%)
Continental Resources, Inc.
NYSE: CLR
48.72 USD +0.40 (0.83%)
Coterra Energy Inc
NYSE: CTRA
21.35 USD −0.30 (1.39%)
Cypress Environmental Partners LP
NYSE: CELP
1.60 USD −0.070 (6.98%)
Devon Energy Corp
NYSE: DVN
43.99 USD −0.10 (0.24%)
Enable Midstream Partners LP
NYSE: ENBL
8.05 USD +0.040 (0.50%)
Gulfport Energy Corp
NYSE: GPOR
82.16 USD −0.33 (0.40%)
Helmerich & Payne, Inc.
NYSE: HP
34.82 USD +0.34 (0.99%)
LSB Industries, Inc.
NYSE: LXU
9.45 USD +0.23 (2.38%)
Laredo Petroleum Inc
NYSE: LPI
76.92 USD +3.12 (4.21%)
Magellan Midstream Partners, L.P.
NYSE: MMP
47.99 USD +0.16 (0.33%)
Mammoth Energy Services Inc
NASDAQ: TUSK
2.87 USD −0.080 (2.71%)
Matrix Service Co
NASDAQ: MTRX
10.59 USD −0.95 (8.23%)
NGL Energy Partners LP
NYSE: NGL
2.47 USD +0.020 (1.02%)
OGE Energy Corp.
NYSE: OGE
34.11 USD +0.10 (0.32%)
ONE Gas Inc
NYSE: OGS
68.49 USD −0.48 (0.70%)
ONEOK, Inc.
NYSE: OKE
64.67 USD −0.23 (0.35%)
Ovintiv Inc
NYSE: OVV
36.38 USD −0.90 (2.41%)
PHX Minerals Inc
NYSE: PHX
3.12 USD +0.030 (0.97%)
SandRidge Energy Inc.
NYSE: SD
14.18 USD +0.67 (4.88%)
Units Ord Shs
OTCMKTS: UNTC
34.10 USD 0.00 (0.00%)
Williams Companies Inc
NYSE: WMB
28.53 USD +0.060 (0.21%)
Crude oil price to hit $90 per barrel in 3 months — Experts

The Texas Energy Report showed how other stocks fared for the day.

Apache (APA) down 0.65 at 30.01 – change 2.13%

Cheniere (LNG) down 1.12 at 106.92 – change 1.03%

Chevron (CVX) up 0.85 at 116.00 – change 0.73%

ConocoPhillips (COP) down 0.18 at 75.75 – change 0.24%

Diamondback Energy (FANG) down 2.23 at 112.99 – change 1.93%

Energy Transfer LP (ET) up 0.01 at 9.36 – change 0.10%

Enterprise Products Partners (EPD) unchanged at 22.75 – change 0.00%

EOG Resources (EOG) up 0.12 at 97.11 – change 0.12%

ExxonMobil (XOM) up 0.64 at 66.36 – change 0.97%

Kinder Morgan (KMI) down 0.02 at 16.82 – change 0.12%

Marathon Oil Corp. (MRO) up 0.04 at 17.26 – change 0.23%

National Oilwell Varco (NOV) up 0.06 at 14.95 – change 0.40%

Occidental Petroleum (OXY) down 0.56 at 33.74 – change 1.61%

Phillips 66 (PSX) up 1.18 at 79.17 – change 1.51%

Pioneer Natural Resources (PXD) up 0.89 at 187.34 – change 0.47%

Valero (VLO) up 0.47 at 78.25 – change 0.60%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.08 at 83.04 – change 0.10%

CenterPoint (CNP) unchanged at 26.52 – change 0.00%

Entergy (ETR) up 1.24 at 102.32 – change 1.22%