Thursday brought a rebound in crude oil prices

FX.co - Oil prices rebound as Omicron fears ease - 2021-12-21

 

After two days of drops in prices, crude oil saw a rebound in Thursday’s trading. Analysts credited a bolstering by weakness in the dollar and the possibility that China might ease coronavirus lockdown restrictions.

West Texas Intermediate crude for June delivery went up $2.62 or 2.39% and finished the day at $112.21 a barrel in trading on the New York Mercantile Exchange.

Global benchmark Brent crude finished up $2.93 or 2.69% to $112.04 a barrel on ICE Futures Europe.

June natural gas fell 6 cents to $8.31 per 1,000 cubic feet.

As for Oklahoma energy stocks, some had a strong day including Mammoth Energy with a 10.5% gain while others such as ONEOK dropped more than 2%.

Alliance Resource Partners, L.P.
18.97 USD+0.79 (4.35%)
Blueknight Energy Partners LP Common Stock
4.51 USD+0.010 (0.22%)
Chesapeake Energy Ord Shs
87.12 USD+0.49 (0.57%)
Continental Resources, Inc.
58.97 USD+0.040 (0.068%)
Coterra Energy Inc
30.42 USD−0.25 (0.82%)
Devon Energy Corp
69.51 USD−0.43 (0.61%)
Empire Petroleum Corporation
20.47 USD−1.08 (5.01%)
Gulfport Energy Corp
89.98 USD+0.39 (0.44%)
Helmerich & Payne, Inc.
46.16 USD−0.60 (1.28%)
LSB Industries, Inc.
19.75 USD−0.85 (4.13%)
Laredo Petroleum Inc
62.93 USD+1.86 (3.05%)
Magellan Midstream Partners, L.P.
48.77 USD−0.89 (1.79%)
Mammoth Energy Services Inc
2.21 USD+0.21 (10.50%)
Matrix Service Co
5.65 USD+0.30 (5.61%)
NGL Energy Partners LP
1.95 USD−0.030 (1.52%)
OGE Energy Corp.
39.79 USD−0.13 (0.33%)
ONE Gas Inc
86.14 USD−1.23 (1.41%)
ONEOK, Inc.
63.29 USD−1.50 (2.32%)
Ovintiv Inc
46.33 USD+1.01 (2.23%)
PHX Minerals Inc
3.26 USD+0.020 (0.62%)
SandRidge Energy Inc.
19.82 USD−0.040 (0.20%)
Unit Corp
58.00 USD+0.24 (0.42%)
Williams Companies Inc
35.02 USD−0.21 (0.60%)
Oil Prices Rebound on U.S. Stimulus Hopes - CFO
 Other energy stocks were also up and down on Thursday according to the Texas Energy Report.

Apache (APA) up 0.37 at 40.82 – change 0.91%

Cheniere (LNG) down 2.54 at 130.43 – change 1.92%

Chevron (CVX) down 1.20 at 166.86 – change 0.72%

ConocoPhillips (COP) up 0.13 at 104.61 – change 0.12%

Diamondback Energy (FANG) up 1.46 at 129.82 – change 1.13%

Energy Transfer LP (ET) down 0.17 at 11.06 – change 1.52%

Enterprise Products Partners (EPD) down 0.01 at 26.60 – change 0.04%

EOG Resources (EOG) down 0.88 at 121.70 – change 0.72%

ExxonMobil (XOM) up 0.49 at 91.14 – change 0.54%

Kinder Morgan (KMI) down 0.29 at 19.02 – change 1.46%

Marathon Oil Corp. (MRO) up 0.11 at 26.88 – change 0.41%

National Oilwell Varco (NOV) down 0.50 at 17.92 – change 2.72%

Occidental Petroleum (OXY) down 0.34 at 63.96 – change 0.53%

Phillips 66 (PSX) down 0.19 at 95.33 – change 0.20%

Pioneer Natural Resources (PXD) down 5.66 at 265.42 – change 2.09%

Tellurian Inc. (TELL) down 0.05 at 4.57 – change 1.09%

Valero (VLO) down 0.42 at 124.26 – change 0.34%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.84 at 99.04 – change 0.85%

CenterPoint (CNP) down 0.01 at 30.66 – change 0.04%

Entergy (ETR) down 0.80 at 115.67 – change 0.69%