Another day of losses for crude oil and Oklahoma energy stocks

Crude oil prices fall as oversupply concerns weigh over US-Iran tensions,  ET Auto


Another day and another drop in crude oil prices and Oklahoma energy stocks.

Crude oil dropped around 2% for a second day this week, thanks to a stronger U.S. dollar and weak information from top oil importer China.

West Texas Intermediate crude fell 2% or $1.37 a barrel to close at $68.09 on the New York Mercantile Exchange.

Brent crude, the global benchmark, fell $1.11 to $72.60 a barrel on ICE Futures Europe.

At one point in the trading, both benchmarks fell more than $2 a barrel while on Tuesday, they had tumbled more than 4%.

July natural gas fell 6 cents to $2.27 per 1,000 cubic feet.

It was another weak day of trading for Oklahoma energy stocks as such firms, such as Helmerich & Payne, dropped 5%.

Alliance Resource Partners, L.P.
17.10 USD−0.52 
Canoo Inc
0.56 USD−0.018 
Chesapeake Energy Ord Shs
75.25 USD−0.27 
Coterra Energy Inc
23.25 USD−0.30 
Devon Energy Corp
46.10 USD−0.86 
Empire Petroleum Corp
9.46 USD+0.21 
Gulfport Energy Corp
97.02 USD−0.57 
Helmerich & Payne, Inc.
30.88 USD−1.60 
LSB Industries Inc
9.30 USD−0.21 
Magellan Midstream Partners LP
60.21 USD−0.76 
Mammoth Energy Services Inc
3.54 USD−0.14 
Matrix Service Co
5.41 USD−0.090 
NGL Energy Partners LP
3.17 USD+0.050 
OGE Energy Corp.
35.28 USD+0.27 
ONE Gas Inc
80.94 USD−0.48 
56.66 USD−0.71 
Ovintiv Inc
33.07 USD−0.16 
PHX Minerals Inc
2.85 USD−0.040 
SandRidge Energy Inc
13.47 USD−0.22 
 Unit Corp
45.75 USD+0.75 
Vital Energy Inc
41.49 USD−0.74 
Williams Companies Inc
28.66 USD+0.10 
No guidance from Saipem due to coronavirus, oil price slump, Energy News,  ET EnergyWorld