Iraq’s crude oil activity sends prices up in the U.S. and the world

Oil Boom 2021: Is The Oil Price Pump Primed For A Big Jump?

 

Crude oil prices jumped more than $3 in Monday’s trading and Oklahoma energy stocks had an equally strong day with one firm recording a more than 11% gain for the day.

Experts say Iraq’s halt on some crude exports from its Kurdistan region gave a shot in the arm to crude oil prices.

West Texas Intermediate crude gained 5.1% on a $3.55 increase per barrel to settle at $72.81. WTI had rebounded 3.8% in the previous week in trading on the New York Mercantile Exchange.

Global benchmark Brent crude gained $3.13 or 4.2% and finished the day at $78.12 a barrel on ICE Futures Europe.

 April natural gas fell 13 cents to $2.09 per 1,000 cubic feet.

Monday turned out to be quite a strong day for most Oklahoma energy stocks. NGL Energy Partners soared more than 11% while Mammoth Energy went up 6% and Helmerich & Payne rose 5%.

Alliance Resource Partners, L.P.
19.61 USD+0.35 
Canoo Inc
0.58 USD−0.0061 
Chesapeake Energy Ord Shs
75.38 USD+1.08 
Coterra Energy Inc
23.76 USD+0.080 
Devon Energy Corp
48.08 USD+1.51 
Empire Petroleum Corp
12.36 USD−0.090 
Gulfport Energy Corp
79.56 USD+1.91 
Helmerich & Payne, Inc.
35.32 USD+1.53 
LSB Industries Inc
10.32 USD+0.32 
Magellan Midstream Partners LP
52.31 USD+0.74 
Mammoth Energy Services Inc
4.18 USD+0.23 
Matrix Service Co
4.81 USD−0.020 
NGL Energy Partners LP
2.79 USD+0.28 
OGE Energy Corp.
35.81 USD+0.14 
ONE Gas Inc
77.89 USD+0.87 
ONEOK, Inc.
60.66 USD+1.18 
Ovintiv Inc
35.03 USD+1.05 
PHX Minerals Inc
2.53 USD+0.090 
 SandRidge Energy Inc
14.20 USD+0.25 
Unit Corp
41.95 USD+0.55 
Vital Energy Inc
43.84 USD+1.60 
Williams Companies Inc
28.93 USD+0.19 

Oil price analysis: Is crude headed for a rise above $100 soon?

Other energy stocks recorded a strong trading day according to the Texas Energy Report.

APA Corp. (Apache) (APA) up 0.87 at 35.38 – change 2.52%

Cheniere (LNG) up 1.37 at 148.69 – change 0.92%

Chevron (CVX) up 1.59 at 157.65 – change 1.01%

ConocoPhillips (COP) up 2.04 at 97.48 – change 2.14%

Diamondback Energy (FANG) up 3.14 at 128.56 – change 2.50%

Energy Transfer LP (ET) up 0.14 at 11.84 – change 1.19%

Enterprise Products Partners (EPD) up 0.04 at 25.35 – change 0.15%

EOG Resources (EOG) up 2.89 at 108.38 – change 2.73%

ExxonMobil (XOM) up 2.27 at 105.80 – change 2.19%

Kinder Morgan (KMI) up 0.10 at 16.89 – change 0.59%

Marathon Oil Corp. (MRO) up 0.74 at 22.90 – change 3.33%

NOV Inc. (NOV) up 0.55 at 17.80 – change 3.18%

Occidental Petroleum (OXY) up 1.47 at 59.65 – change 2.52%

Phillips 66 (PSX) up 2.50 at 96.23 – change 2.66%

Pioneer Natural Resources (PXD) up 2.20 at 194.42 – change 2.14%

Tellurian Inc. (TELL) up 0.03 at 1.08 – change 2.85%

Valero (VLO) up 2.62 at 131.88 – change 2.02%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.54 at 88.55 – change 0.61%

CenterPoint (CNP) up 0.16 at 28.50 – change 0.56%

Entergy (ETR) up 0.82 at 104.51 – change 0.79%