U.S. crude oil prices jumped more than $2 a barrel in Thursday’s trading on hopes that OPEC+ production cuts will continue through the end of the year. Oklahoma energy stocks split on gains and losses.
West Texas Intermediate crude rose $2 or 2.45% to reach $83.63 a barrel at the end of the day on the New York Mercantile Exchange.
Global benchmark Brent crude rose $1 or 1.16% to close at $86.86 a barrel on ICE Futures Europe.
October natural gas fell 3 cents to $2.77 per 1,000 cubic feet.
Oklahoma energy stocks split in Thursday’s trading with some recording moderate losses and others making gains for the day. Gulfport Energy managed a 3% gain while Matrix Service Inc. fell about the same amount.
APA Corp. (Apache) (APA) up 0.12 at 43.84 – change 0.27%
Cheniere (LNG) down 1.78 at 163.19 – change 1.08%
Chevron (CVX) up 0.92 at 161.10 – change 0.57%
ConocoPhillips (COP) up 0.33 at 119.03 – change 0.27%
Diamondback Energy (FANG) up 0.47 at 151.78 – change 0.31%
Energy Transfer LP (ET) down 0.08 at 13.47 – change 0.60%
Enterprise Products Partners (EPD) down 0.10 at 26.61 – change 0.38%
EOG Resources (EOG) up 0.85 at 128.62 – change 0.66%
ExxonMobil (XOM) up 0.31 at 111.19 – change 0.27%
Kinder Morgan (KMI) down 0.22 at 17.22 – change 1.27%
Marathon Oil Corp. (MRO) down 0.03 at 26.35 – change 0.12%
NOV Inc. (NOV) up 0.02 at 21.13 – change 0.09%
Occidental Petroleum (OXY) up 0.16 at 62.79 – change 0.25%
Phillips 66 (PSX) up 0.51 at 114.16 – change 0.44%
Pioneer Natural Resources (PXD) down 0.15 at 237.93 – change 0.06%
Tellurian Inc. (TELL) down 0.05 at 1.12 – change 4.28%
Valero (VLO) down 1.55 at 129.90 – change 1.18%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 1.04 at 78.40 – change 1.31%
CenterPoint (CNP) down 0.03 at 27.89 – change 0.11%
Entergy (ETR) down 1.47 at 95.25 – change 1.52%