Crude oil prices made another rebound on Monday as they went up more than 3% in Europe and 2% in the U.S.
Oklahoma energy stocks also had a strong showing on Monday.
Worries about the spread of omicron COVID-19 continue to ease as analysts and investors learn the variant might be milder than previous variants.
West Texas Intermediate crude for February delivery rose 2.4% to $75.83 on the New York Mercantile Exchange.
Global benchmark Brent crude went up $2.46 or 3.23% to finish the day at $78.60 on ICE Futures Europe.
Monday’s trading of Oklahoma energy stocks resulted in some strong gains including nearly 10% for LSB Industries, 8% for Laredo Petroleum and 6% for Devon Energy.
Apache (APA) up 1.90 at 27.97 – change 7.28%
Cheniere (LNG) down 0.52 at 103.43 – change 0.51%
Chevron (CVX) up 2.38 at 118.79 – change 2.04%
ConocoPhillips (COP) up 2.02 at 73.20 – change 2.83%
Diamondback Energy (FANG) up 5.20 at 111.14 – change 4.90%
Energy Transfer LP (ET) up 0.08 at 8.30 – change 0.97%
Enterprise Products Partners (EPD) up 0.11 at 21.58 – change 0.51%
EOG Resources (EOG) up 3.60 at 90.78 – change 4.12%
ExxonMobil (XOM) up 0.87 at 61.89 – change 1.42%
Kinder Morgan (KMI) up 0.18 at 15.82 – change 1.15%
Marathon Oil Corp. (MRO) up 0.56 at 16.55 – change 3.50%
National Oilwell Varco (NOV) up 0.09 at 13.61 – change 0.66%
Occidental Petroleum (OXY) up 0.79 at 29.64 – change 2.73%
Phillips 66 (PSX) up 0.89 at 72.79 – change 1.23%
Pioneer Natural Resources (PXD) down 5.74 at 185.77 – change 3.18%
Valero (VLO) up 1.40 at 73.13 – change 1.95%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 0.56 at 87.08 – change 0.64%
CenterPoint (CNP) up 0.06 at 27.58 – change 0.21%
Entergy (ETR) up 0.74 at 110.83 – change 0.67%
