The day after Thanksgiving Day, crude oil prices suffered a 2% drop over continuing worries about Chinese demand and growing debate over the Western price cap of Russian oil.
West Texas Intermediate crude for January delivery fell $1.66 or 2.13% a barrel to settle at $76.28 on the New York Mercantile Exchange.
Global benchmark Brent crude for January delivery dropped $1.71 or 2% to finish at $83.63 a barrel on ICE Futures Europe.
December natural gas fell nearly 4% or 29 cents to $7.02 per 1,000 cubic feet.
The majority of Oklahoma energy stocks finished Friday with losses including a more than 5% loss for Mammoth Energy.
Apache (APA) down 0.35 at 46.43 – change 0.75%
Cheniere (LNG) up 0.28 at 173.08 – change 0.16%
Chevron (CVX) down 0.54 at 183.70 – change 0.30%
ConocoPhillips (COP) up 0.07 at 126.81 – change 0.05%
Diamondback Energy (FANG) down 0.67 at 149.32 – change 0.45%
Energy Transfer LP (ET) down 0.08 at 12.36 – change 0.57%
Enterprise Products Partners (EPD) down 0.02 at 24.75 – change 0.09%
EOG Resources (EOG) down 0.01 at 142.63 – change 0.01%
ExxonMobil (XOM) down 0.40 at 113.21 – change 0.36%
Kinder Morgan (KMI) down 0.02 at 18.63 – change 0.11%
Marathon Oil Corp. (MRO) down 0.27 at 30.38 – change 0.89%
National Oilwell Varco (NOV) down 0.24 at 22.22 – change 1.07%
Occidental Petroleum (OXY) down 0.84 at 70.28 – change 1.19%
Phillips 66 (PSX) up 0.07 at 110.78 – change 0.06%
Pioneer Natural Resources (PXD) down 0.23 at 254.14 – change 0.10%
Tellurian Inc. (TELL) down 0.03 at 2.62 – change 1.14%
Valero (VLO) down 0.81 at 138.40 – change 0.59%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 0.34 at 95.47 – change 0.35%
CenterPoint (CNP) up 0.23 at 31.04 – change 0.74%
Entergy (ETR) up 0.79 at 113.75 – change 0.69%
