After a 2% increase in oil prices on Friday, investors await Monday’s trading day to see what happens after countries announced plans to release crude oil from their strategic stocks.
West Texas Intermediate crude for May delivery went up $2.23 to $98.26 a barrel on Friday at the New York Mercantile Exchange.
Global benchmark Brent crude for June delivery rose $2.20 to settle at $102.78 a barrel in trading on ICE Futures Europe.
May natural gas fell 8 cents to $6.28 per 1,000 cubic feet.
The majority of Oklahoma energy stocks recorded gains on Friday including a more than 7% increase for Coterra Energy and a 5% jump for SandRidge Energy.