Crude oil prices were mixed in Wednesday’s trading as benchmark US prices managed a slight increase while European prices fell.
US prices initial responded with an increase after the U.S. Energy Information Administration reported a crude oil inventory draw of 8 million barrels for the week to April 15.
West Texas Intermediate crude for May delivery went up 19 cents to close at $102.75 a barrel in trading on the New York Mercantile Exchange.
Global benchmark Brent crude for June delivery slipped 45 cents to finish at $106.80 a barrel on ICE Futures Europe.
May natural gas dropped 24 cents and closed at $6.95 per 1,000 cubic feet.
Wednesday proved to be a strong day for some Oklahoma energy stocks such as Cypress Environmental with a 9% gain, Laredo Petroleum with a 6% pickup and PHX Minerals with a 7% increase.
Other energy stocks were up for the day according to the Texas Energy Report.
Apache (APA) down 0.06 at 44.33 – change 0.14%
Cheniere (LNG) down 1.14 at 137.99 – change 0.82%
Chevron (CVX) up 0.70 at 172.53 – change 0.40%
ConocoPhillips (COP) up 1.11 at 102.67 – change 1.09%
Diamondback Energy (FANG) up 3.98 at 141.90 – change 2.88%
Energy Transfer LP (ET) up 0.17 at 11.89 – change 1.47%
Enterprise Products Partners (EPD) up 0.17 at 27.20 – change 0.62%
EOG Resources (EOG) up 0.93 at 122.69 – change 0.76%
ExxonMobil (XOM) up 0.20 at 87.96 – change 0.22%
Kinder Morgan (KMI) up 0.17 at 19.77 – change 0.86%
Marathon Oil Corp. (MRO) up 0.87 at 27.65 – change 3.24%
National Oilwell Varco (NOV) down 0.23 at 20.13 – change 1.13%
Occidental Petroleum (OXY) up 1.09 at 61.47 – change 1.80%
Phillips 66 (PSX) down 0.68 at 88.87 – change 0.76%
Pioneer Natural Resources (PXD) up 2.52 at 253.34 – change 1.00%
Tellurian Inc. (TELL) down 0.08 at 5.76 – change 1.37%
Valero (VLO) up 0.33 at 108.07 – change 0.30%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 0.40 at 102.83 – change 0.39%
CenterPoint (CNP) up 0.57 at 32.75 – change 1.80%
Entergy (ETR) up 1.29 at 125.84 – change 1.03%
