Crude oil prices tumbled a little on Wednesday as investors weighed the impact of China’s lifting COVID-19 restrictions.
West Texas Intermediate crude dropped 0.07% on a 72 cent fall and settled at $78.96 a barrel in Wednesday’s trading on the New York Mercantile Exchange.
Global benchmark Brent crude fell 1.27% or $1.22 a barrel to close at $83.26 on ICE Futures Europe.
Natural gas fell nearly 11% on a 57 cent slide to $4.71 per 1,000 cubic feet.
It was a day of losses for all Oklahoma energy stocks we normally listed including a 7% drop for NGL Energy Partners and a 6% fall for Laredo Petroleum and Ovintiv Inc.
APA Corp. (Apache) (APA) down 2.46 at 45.18 – change 5.17%
Cheniere (LNG) down 6.05 at 149.46 – change 3.90%
Chevron (CVX) down 2.65 at 176.98 – change 1.48%
ConocoPhillips (COP) down 3.16 at 115.31 – change 2.67%
Diamondback Energy (FANG) down 3.11 at 134.47 – change 2.27%
Energy Transfer LP (ET) down 0.23 at 11.67 – change 1.94%
Enterprise Products Partners (EPD) down 0.33 at 23.76 – change 1.37%
EOG Resources (EOG) down 4.68 at 127.40 – change 3.55%
ExxonMobil (XOM) up 1.81 at 108.38 – change 1.65%
Kinder Morgan (KMI) down 0.33 at 17.93 – change 1.81%
Marathon Oil Corp. (MRO) down 1.07 at 26.58 – change 3.87%
NOV Inc. (NOV) down 0.70 at 20.13 – change 3.37%
Occidental Petroleum (OXY) down 2.25 at 62.08 – change 3.50%
Phillips 66 (PSX) down 2.44 at 102.15 – change 2.33%
Pioneer Natural Resources (PXD) down 7.14 at 224.39 – change 3.09%
Tellurian Inc. (TELL) down 0.08 at 1.71 – change 3.94%
Valero (VLO) down 1.06 at 125.85 – change 0.84%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 0.93 at 95.36 – change 0.97%
CenterPoint (CNP) down 0.40 at 30.52 – change 1.30%
Entergy (ETR) down 1.74 at 112.97 – change 1.52%