Crude prices went up over possible new sanctions against Russia

US formally accuses Russia of war crimes in Ukraine | Ukraine | The Guardian

 

As European countries considered more sanctions on Russia’s energy sector after the discovery of murdered civilians, oil prices jumped more than 3% on Monday because investors grew more concerned about tighter crude supplies.

Global benchmark Brent crude for May delivery rose $3.14 or 3% and closed at $107.53 a barrel on ICE Futures Europe.

West Texas Intermediate crude for May delivery jumped 4% or $4.01 and finished the day at $103.28 a barrel, rebounding after slipping under $100 on Friday during trading on the New York Mercantile Exchange.

Investors are increasingly worried that more sanctions will arise following the discovery of a mass grave in one Ukrainian City. Victims who had been shot at close range were found with their hands and feet tied.

Many Oklahoma energy stocks experienced losses for the day including a more than 7% drop by Unit Corporation.

 

Alliance Resource Partners, L.P.
15.17 USD−0.24 (1.56%)
Blueknight Energy Partners LP Common Stock
3.35 USD+0.070 (2.13%)
Chesapeake Energy Ord Shs
88.98 USD−1.02 (1.13%)
Continental Resources, Inc.
62.71 USD−0.19 (0.30%)
Coterra Energy Inc
26.58 USD−0.52 (1.92%)
Cypress Environmental Partners LP
1.52 USD+0.060 (4.11%)
Devon Energy Corp
60.85 USD+0.50 (0.83%)
Gulfport Energy Corp
89.82 USD−0.68 (0.75%)
Helmerich & Payne, Inc.
44.79 USD+0.59 (1.33%)
LSB Industries, Inc.
22.89 USD−0.28 (1.21%)
Laredo Petroleum Inc
84.56 USD+0.16 (0.19%)
Magellan Midstream Partners, L.P.
50.05 USD+0.48 (0.97%)
Mammoth Energy Services Inc
2.31 USD+0.040 (1.76%)
Matrix Service Co
8.23 USD+0.24 (3.00%)
NGL Energy Partners LP
2.29 USD+0.040 (1.78%)
OGE Energy Corp.
41.02 USD−0.25 (0.61%)
ONE Gas Inc
88.38 USD−1.14 (1.27%)
ONEOK, Inc.
71.17 USD−0.26 (0.36%)
Ovintiv Inc
54.47 USD−0.76 (1.38%)
PHX Minerals Inc
2.97 USD−0.020 (0.67%)
SandRidge Energy Inc.
16.82 USD+0.060 (0.36%)
Units Ord Shs
57.00 USD−4.38 (7.14%)
Williams Companies Inc
33.73 USD−0.11 (0.33%)
Stocks fall, oil tops $100 a barrel as Ukraine war rages - Los Angeles Times
 Other energy stocks also had a down day according to the Texas Energy Report.

Apache (APA) up 0.76 at 42.98 – change 1.80%

Cheniere (LNG) down 0.65 at 141.44 – change 0.46%

Chevron (CVX) up 0.15 at 164.37 – change 0.09%

ConocoPhillips (COP) down 0.03 at 100.55 – change 0.03%

Diamondback Energy (FANG) up 1.14 at 139.59 – change 0.83%

Energy Transfer LP (ET) down 0.08 at 11.45 – change 0.61%

Enterprise Products Partners (EPD) up 0.18 at 26.04 – change 0.69%

EOG Resources (EOG) up 0.50 at 120.83 – change 0.41%

ExxonMobil (XOM) up 0.04 at 83.16 – change 0.04%

Kinder Morgan (KMI) up 0.08 at 19.30 – change 0.41%

Marathon Oil Corp. (MRO) down 0.08 at 25.68 – change 0.28%

National Oilwell Varco (NOV) down 0.08 at 20.14 – change 0.40%

Occidental Petroleum (OXY) down 0.32 at 57.79 – change 0.56%

Phillips 66 (PSX) up 0.71 at 86.67 – change 0.82%

Pioneer Natural Resources (PXD) down 0.40 at 252.75 – change 0.16%

Tellurian Inc. (TELL) down 0.15 at 6.19 – change 2.37%

Valero (VLO) down 0.53 at 100.74 – change 0.52%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.86 at 100.65 – change 0.85%

CenterPoint (CNP) down 0.22 at 30.93 – change 0.71%

Entergy (ETR) down 0.68 at 119.41 – change 0.57%