Up one day, down the next seems to be the pattern of crude oil prices. On Tuesday, they finished the day up $2 from a nine-month low, mostly because of supply curbs ahead of Hurricane Ian in the U.S. Oklahoma energy stocks rebounded as well.
West Texas Intermediate crude for November delivery finished up $1.79 to $78.50 a barrel on the New York Mercantile Exchange.
Global benchmark Brent crude for November delivery finished up $2.21 or 2.63%to settle at $86.27 a barrel.
Analysts said the prices had support as OPEC+ might make supply cuts when it meets Oct. 5 to set policy.
October natural gas fell 25 cents to $6.65 per 1,000 cubic feet.
Oklahoma energy stocks rebounded in Tuesday’s trading with Empire Petroleum gaining 7% and LSB Industries going up 9%.
Apache (APA) up 0.84 at 32.68 – change 2.63%
Cheniere (LNG) up 3.62 at 152.57 – change 2.43%
Chevron (CVX) up 0.06 at 141.02 – change 0.04%
ConocoPhillips (COP) down 0.44 at 98.76 – change 0.45%
Diamondback Energy (FANG) up 2.27 at 113.47 – change 2.05%
Energy Transfer LP (ET) up 0.27 at 10.49 – change 2.64%
Enterprise Products Partners (EPD) up 0.44 at 23.35 – change 1.92%
EOG Resources (EOG) up 0.27 at 105.45 – change 0.25%
ExxonMobil (XOM) up 1.76 at 85.74 – change 2.09%
Kinder Morgan (KMI) up 0.24 at 16.32 – change 1.49%
Marathon Oil Corp. (MRO) up 0.30 at 21.39 – change 1.42%
National Oilwell Varco (NOV) up 0.17 at 14.85 – change 1.15%
Occidental Petroleum (OXY) up 0.65 at 58.53 – change 1.12%
Phillips 66 (PSX) up 2.06 at 76.22 – change 2.77%
Pioneer Natural Resources (PXD) up 1.37 at 206.78 – change 0.66%
Tellurian Inc. (TELL) up 0.04 at 2.40 – change 1.69%
Valero (VLO) up 3.28 at 101.17 – change 3.35%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 2.77 at 92.86 – change 2.90%
CenterPoint (CNP) down 0.62 at 29.89 – change 2.04%
Entergy (ETR) down 3.01 at 105.80 – change 2.77%
