Crude finishes above $100 a barrel amidst Russian invasion of Ukraine

How Does Russia-Ukraine War Increase Petrol, Diesel & Gold Prices? Does It Affect India?

 

Crude oil prices in Europe settled above the $100 mark in Monday’s trading as the fighting grows in Ukraine where Russian soldiers attempt to surround the capitol of Kyiv. Oklahoma energy stocks soared along with the increase in crude.

Global benchmark Brent crude for April delivery went up $3.06 and finished the day at $100.99 a barrel on ICE Futures Europe. The more heavily traded May contract increased $3.85 and closed at $97.97 a barrel.

West Texas Intermediate crude for April delivery had an even bigger increase at $4.13 and finished Monday’s trading at $95.72 a barrel in trading on the New York Mercantile Exchange.

April natural gas fell 7 cents to $4.40 per 1,000 cubic feet.

The impact on Oklahoma energy stocks was obvious—all but one of the locals saw gains for the day including a more than 17% gain for Cypress Environmental Partners along with 8% for Devon Energy, 6% for Continental Resources and 11% for Ovintiv.

 

Alliance Resource Partners, L.P.
13.12 USD+0.050 (0.38%)
Blueknight Energy Partners LP Common Stock
3.42 USD+0.070 (2.09%)
Chesapeake Energy Ord Shs
77.25 USD+2.17 (2.89%)
Continental Resources, Inc.
55.43 USD+3.11 (5.94%)
Coterra Energy Inc
23.33 USD+0.62 (2.73%)
Cypress Environmental Partners LP
1.17 USD+0.17 (17.01%)
Devon Energy Corp
59.55 USD+4.35 (7.88%)
Gulfport Energy Corp
68.98 USD+2.88 (4.36%)
Helmerich & Payne, Inc.
36.23 USD+2.00 (5.84%)
LSB Industries, Inc.
17.30 USD+1.40 (8.81%)
Laredo Petroleum Inc
76.56 USD+2.65 (3.59%)
Magellan Midstream Partners, L.P.
48.52 USD+1.74 (3.72%)
Mammoth Energy Services Inc
1.50 USD−0.045 (2.92%)
Matrix Service Co
6.94 USD+0.18 (2.66%)
NGL Energy Partners LP
2.16 USD+0.070 (3.35%)
OGE Energy Corp.
37.55 USD+0.37 (1.00%)
ONE Gas Inc
83.09 USD+1.88 (2.31%)
ONEOK, Inc.
65.30 USD+1.30 (2.03%)
Ovintiv Inc
45.85 USD+4.44 (10.72%)
PHX Minerals Inc
2.59 USD+0.080 (3.19%)
SandRidge Energy Inc.
13.37 USD+0.33 (2.53%)
Units Ord Shs
54.73 USD+0.83 (1.54%)
Williams Companies Inc
31.28 USD+0.59 (1.92%)
Russian forces advance on Kyiv: fighting on fourth day of invasion | Ukraine | The Guardian
 Other energy stocks recorded strong gains too according to the Texas Energy Report. Occidental Petroleum gained nearly 13% while EOG Resources rose 7%.

Apache (APA) up 1.96 at 35.63 – change 5.82%

Cheniere (LNG) up 3.65 at 132.90 – change 2.82%

Chevron (CVX) up 3.62 at 144.00 – change 2.57%

ConocoPhillips (COP) up 3.59 at 94.86 – change 3.93%

Diamondback Energy (FANG) up 4.83 at 138.10 – change 3.62%

Energy Transfer LP (ET) up 0.35 at 10.14 – change 3.57%

Enterprise Products Partners (EPD) up 0.62 at 24.42 – change 2.60%

EOG Resources (EOG) up 7.64 at 114.92 – change 7.12%

ExxonMobil (XOM) up 0.57 at 78.42 – change 0.74%

Kinder Morgan (KMI) up 0.33 at 17.39 – change 1.93%

Marathon Oil Corp. (MRO) up 0.68 at 22.56 – change 3.10%

National Oilwell Varco (NOV) up 0.22 at 17.14 – change 1.29%

Occidental Petroleum (OXY) up 4.99 at 43.73 – change 12.88%

Phillips 66 (PSX) down 0.45 at 84.24 – change 0.54%

Pioneer Natural Resources (PXD) up 10.32 at 239.60 – change 4.50%

Valero (VLO) down 1.36 at 83.51 – change 1.61%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 1.19 at 90.65 – change 1.33%

CenterPoint (CNP) down 0.03 at 27.35 – change 0.11%

Entergy (ETR) down 0.37 at 105.21 – change 0.36%