World crude oil prices soared Wednesday as Russian soldiers expanded their invasion of Ukraine, pounding civilian and residential areas of cities and increasing the number of dead.
Global benchmark Brent crude futures peaked at nearly $114 a barrel, then settled up $7.96 or 7.6% at $112.93 on ICE Futures Europe. It was Brent’s highest close since June 2014 as the global benchmark rose more than 15% this week.
Here in the states, West Texas Intermediate crude climbed as high as $112.51 a barrel before finishing the day up $7.19 or 7% at $110.60 a barrel on the New York Mercantile Exchange. It was the highest mark for US crude oil since May 2011.
Some modest gains were reported by Oklahoma energy stocks. ONEOK, Alliance Resource Partners and Coterra Energy had 5% gains for the day.
Apache (APA) up 0.57 at 37.86 – change 1.55%
Cheniere (LNG) up 4.24 at 133.46 – change 3.28%
Chevron (CVX) up 4.42 at 154.13 – change 2.95%
ConocoPhillips (COP) up 1.08 at 98.04 – change 1.11%
Diamondback Energy (FANG) down 0.16 at 136.66 – change 0.12%
Energy Transfer LP (ET) up 0.07 at 10.49 – change 0.67%
Enterprise Products Partners (EPD) up 0.34 at 24.97 – change 1.38%
EOG Resources (EOG) up 0.33 at 116.74 – change 0.28%
ExxonMobil (XOM) up 1.36 at 80.53 – change 1.71%
Kinder Morgan (KMI) up 0.55 at 18.14 – change 3.12%
Marathon Oil Corp. (MRO) up 0.11 at 23.00 – change 0.48%
National Oilwell Varco (NOV) up 0.77 at 16.98 – change 4.74%
Occidental Petroleum (OXY) up 1.58 at 48.37 – change 3.37%
Phillips 66 (PSX) up 2.14 at 84.31 – change 2.60%
Pioneer Natural Resources (PXD) up 1.78 at 242.25 – change 0.74%
Valero (VLO) up 2.99 at 83.62 – change 3.70%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 1.03 at 91.24 – change 1.14%
CenterPoint (CNP) up 0.84 at 27.72 – change 3.12%
Entergy (ETR) up 2.76 at 106.62 – change 2.65%
