Crude oil prices suffered a slight drop in trading on Thursday but remained close to the three-month highs they hit in Wednesday’s trading. The drop came after parts of Shanghai implemented new COVID-19 lockdown steps.
In the U.S., West Texas Intermediate crude for July delivery dropped 60 cents or 0.5% and settled at $121.51 a barrel on the New York Mercantile Exchange.
Global benchmark Brent crude for August delivery went down 51 cents or 0.4% and finished at $123.07 a barrel on ICE Futures Europe.
Oklahoma energy stocks recorded losses for the most part. While PHX Minerals went up more than 6%, SandRidge Energy lost 6% in the day’s trading.

Apache (APA) down 1.13 at 50.04 – change 2.21%
Cheniere (LNG) down 4.84 at 137.35 – change 3.41%
Chevron (CVX) down 3.61 at 177.52 – change 2.00%
ConocoPhillips (COP) down 3.30 at 118.56 – change 2.71%
Diamondback Energy (FANG) down 2.48 at 157.83 – change 1.55%
Energy Transfer LP (ET) down 0.22 at 12.04 – change 1.80%
Enterprise Products Partners (EPD) down 0.25 at 28.12 – change 0.89%
EOG Resources (EOG) down 3.25 at 142.49 – change 2.23%
ExxonMobil (XOM) down 2.26 at 102.33 – change 2.17%
Kinder Morgan (KMI) down 0.57 at 19.29 – change 2.88%
Marathon Oil Corp. (MRO) down 0.68 at 31.25 – change 2.13%
National Oilwell Varco (NOV) down 0.64 at 20.57 – change 3.02%
Occidental Petroleum (OXY) down 3.72 at 65.18 – change 5.40%
Phillips 66 (PSX) down 1.98 at 108.27 – change 1.80%
Pioneer Natural Resources (PXD) down 7.11 at 276.77 – change 2.51%
Tellurian Inc. (TELL) down 0.19 at 4.15 – change 4.38%
Valero (VLO) down 0.36 at 143.41 – change 0.26%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 2.27 at 98.26 – change 2.26%
CenterPoint (CNP) down 0.70 at 30.61 – change 2.24%
Entergy (ETR) down 2.12 at 116.19 – change 1.80%