![Oil Boom 2022: U.S. Oil Price Tops $90 For First Time Since 2014 [Updated]](https://imageio.forbes.com/specials-images/imageserve/60e38cb085f7d65fbaaa4e5b/Oil-Prices-Moving-Up/960x0.jpg?format=jpg&width=960)
While the Federal Reserve hiked interest rates for the fourth time this year, crude oil prices responded Wednesday with gains for the day. But Oklahoma energy stocks went the opposite direction.
West Texas Intermediate crude for December delivery went up $1.63 a barrel to finish the day at $90 on the New York Mercantile Exchange.
Global benchmark Brent crude for January delivery rose $1.51or nearly 2% and closed at $96.16 a barrel on ICE Futures Europe.
December natural gas rose 56 cents to $6.27 per 1,000 cubic feet.
Most Oklahoma energy stocks suffered losses for the day with the biggest being a nearly 13% plunge by Devon Energy.
Apache (APA) down 1.55 at 44.24 – change 3.39%
Cheniere (LNG) down 1.24 at 178.62 – change 0.69%
Chevron (CVX) down 3.72 at 178.50 – change 2.05%
ConocoPhillips (COP) down 1.27 at 126.51 – change 1.00%
Diamondback Energy (FANG) down 3.80 at 154.83 – change 2.40%
Energy Transfer LP (ET) down 0.39 at 12.36 – change 3.06%
Enterprise Products Partners (EPD) down 0.30 at 24.80 – change 1.20%
EOG Resources (EOG) down 0.72 at 135.59 – change 0.53%
ExxonMobil (XOM) down 2.30 at 109.61 – change 2.06%
Kinder Morgan (KMI) down 0.34 at 17.89 – change 1.87%
Marathon Oil Corp. (MRO) down 1.17 at 29.76 – change 3.79%
National Oilwell Varco (NOV) down 0.66 at 21.84 – change 2.94%
Occidental Petroleum (OXY) down 2.70 at 71.09 – change 3.66%
Phillips 66 (PSX) down 4.14 at 103.24 – change 3.86%
Pioneer Natural Resources (PXD) down0.01 at 252.92 – change 0.01%
Tellurian Inc. (TELL) down 0.02 at 2.72 – change 0.73%
Valero (VLO) down 4.17 at 125.83 – change 3.21%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 0.32 at 88.21 – change 0.37%
CenterPoint (CNP) down 0.24 at 28.11 – change 0.85%
Entergy (ETR) up 0.44 at 108.76 – change 0.40%