Crude oil rebounded on Friday—will the gains continue?

Kuwait oil prices up USD 1.04 Fri. to USD 48.80 pb - KPC | MENAFN.COM

Crude oil prices managed a 2% rebound on Friday but it’s clear that as prices finished down for the week of trading that investors remain worried about a recession. Will the rebound continue in Monday’s trading—that’s the question as we enter another week of buying and selling crude oil.

Oklahoma energy stocks had something of a weak day in trading.

West Texas Intermediate crude for August delivery finished up $2.06 to settle at $104.79 a barrel on the New York Mercantile Exchange.

Global benchmark Brent crude for September delivery managed at $2.37 increase and closed at $107.02 a barrel on ICE Futures Europe.

August natural gas fell 27 cents to $6.03 per 1,000 cubic feet.

Friday was nothing outstanding for Oklahoma energy stocks as some managed slight gains for the day.

 

Alliance Resource Partners, L.P.
20.06 USD+0.65 (3.35%)
Blueknight Energy Partners LP Common Stock
4.54 USD+0.0100 (0.22%)
Chesapeake Energy Ord Shs
78.45 USD−0.050 (0.064%)
Continental Resources, Inc.
65.21 USD+0.45 (0.69%)
Coterra Energy Inc
26.31 USD−0.070 (0.27%)
Devon Energy Corp
54.48 USD+0.81 (1.51%)
Empire Petroleum Corporation
10.16 USD+0.020 (0.20%)
Gulfport Energy Corp
78.20 USD+0.36 (0.46%)
Helmerich & Payne, Inc.
42.98 USD+1.28 (3.07%)
LSB Industries, Inc.
12.99 USD+0.77 (6.30%)
Laredo Petroleum Inc
67.79 USD+0.31 (0.46%)
Magellan Midstream Partners, L.P.
47.61 USD+0.27 (0.57%)
Mammoth Energy Services Inc
2.21 USD+0.0100 (0.45%)
Matrix Service Co
4.76 USD+0.13 (2.81%)
NGL Energy Partners LP
1.48 USD+0.020 (1.37%)
OGE Energy Corp.
38.00 USD−0.080 (0.21%)
ONE Gas Inc
79.67 USD−0.64 (0.80%)
ONEOK, Inc.
56.82 USD+0.31 (0.55%)
Ovintiv Inc
43.08 USD−0.070 (0.16%)
PHX Minerals Inc
2.89 USD+0.030 (1.05%)
SandRidge Energy Inc.
16.13 USD−0.085 (0.52%)
Unit Corp
50.52 USD−1.48 (2.85%)
Williams Companies Inc
31.32 USD+0.14 (0.45%)
Crude Oil Prices Today | Brent and WTI Price Charts
 Here’s how other stocks performed Friday according to the Texas Energy Report.

Apache (APA) up 0.34 at 34.85 – change 0.98%

Cheniere (LNG) down 3.91 at 128.04 – change 2.97%

Chevron (CVX) down 0.59 at 142.93 – change 0.42%

ConocoPhillips (COP) up 0.11 at 86.46 – change 0.12%

Diamondback Energy (FANG) up 0.03 at 116.33 – change 0.02%

Energy Transfer LP (ET) up 0.08 at 9.94 – change 0.81%

Enterprise Products Partners (EPD) up 0.41 at 24.98 – change 1.66%

EOG Resources (EOG) up 0.45 at 105.52 – change 0.42%

ExxonMobil (XOM) up 0.14 at 86.08 – change 0.16%

Kinder Morgan (KMI) up 0.08 at 16.97 – change 0.47%

Marathon Oil Corp. (MRO) down 0.11 at 21.72 – change 0.51%

National Oilwell Varco (NOV) up 0.09 at 16.59 – change 0.54%

Occidental Petroleum (OXY) up 0.81 at 60.66 – change 1.31%

Phillips 66 (PSX) up 0.53 at 82.01 – change 0.65%

Pioneer Natural Resources (PXD) up 0.83 at 217.50 – change 0.38%

Tellurian Inc. (TELL) down 0.02 at 3.13 – change 0.64%

Valero (VLO) up 0.69 at 107.03 – change 0.64%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.18 at 94.34 – change 0.20%

CenterPoint (CNP) up 0.06 at 29.37 – change 0.20%

Entergy (ETR) down 0.51 at 110.09 – change 0.47%