After hitting three-month highs on Tuesday, crude oil prices fell nearly 1% on Wedneday after data showed US crude inventores fell less than expected. The Federal Reserve also was a factor after it raised interested rates by a quarter of a percentage point.
West Texas Intermediate crude finished down 85 cents or 1.1% to settle at $78.78 a barrel on the New York Mercantle Exchange.
Brent crude,the global benchmark closed down 72 cents or 0.9% at $82.92 a barrel on ICE Futures Europe.
August natural gas fell 6 cents to $2.67 per 1,000 cubic feet.
Oklahoma energy stocks were mixed in Wednesday’s trading and there were no standouts for recording gains for the day.
Alliance Resource Partners, L.P.
Many other energy stocks failed to make gains in Wednesday’s trading, according to the Texas Energy Report.
APA Corp. (Apache) (APA) up 0.42 at 39.99 – change 1.06%
Cheniere (LNG) down 1.14 at 159.93 – change 0.71%
Chevron (CVX) down 1.22 at 161.34 – change 0.76%
ConocoPhillips (COP) up 0.65 at 116.83 – change 0.55%
Diamondback Energy (FANG) down 1.05 at 144.99 – change 0.72%
Energy Transfer LP (ET) down 0.05 at 13.16 – change 0.38%
Enterprise Products Partners (EPD) down 0.19 at 26.95 – change 0.71%
EOG Resources (EOG) up 0.82 at 129.32 – change 0.63%
ExxonMobil (XOM) down 0.59 at 105.09 – change 0.56%
Kinder Morgan (KMI) down 0.11 at 17.95 – change 0.61%
Marathon Oil Corp. (MRO) up 0.13 at 26.11 – change 0.50%
NOV Inc. (NOV) down 0.02 at 18.85 – change 0.11%
Occidental Petroleum (OXY) down 0.57 at 62.85 – change 0.89%
Phillips 66 (PSX) up 1.88 at 109.59 – change 1.74%
Pioneer Natural Resources (PXD) up 1.02 at 220.55 – change 0.46%
Tellurian Inc. (TELL) down 0.01 at 1.60 – change 0.63%
Valero (VLO) up 1.64 at 126.18 – change 1.31%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 0.07 at 87.61 – change 0.07%
CenterPoint (CNP) up 0.10 at 31.20 – change 0.32%
Entergy (ETR) down 0.06 at 104.39 – change 0.06%