Friday brought a 2% drop in crude oil prices but they also finished nearly 6% down for the week. The Friday close came a day after prices managed a rebound on Thursday.
The latest impact was the focus on supply concerns as tensions eased somewhat in the Middle East.
West Texas Intermediate crude dropped $1.95 or 2.4% to $80.51 a barrel on the New York Mercantile Exchange.
Global benchmark Brent crude dropped $1.92 or 2.3% to close at $84.89 a barrel on ICE Futures Europe.
December natural gas rose 5 cents to $3.52 per 1,000 cubic feet.
Mixed describes the day’s trading of Oklahoma energy stocks. About half of those listed below recorded gains, the largest which was about 4% for Mammoth Energy and PHX Minerals.
APA Corp. (Apache) (APA) up 0.27 at 39.96 – change 0.68%
Cheniere (LNG) down 3.33 at 173.59 – change 1.89%
Chevron (CVX) down 1.15 at 147.61 – change 0.78%
ConocoPhillips (COP) down 2.27 at 119.75 – change 1.87%
Diamondback Energy (FANG) down 1.14 at 162.10 – change 0.70%
Energy Transfer LP (ET) up 0.02 at 13.66 – change 0.14%
Enterprise Products Partners (EPD) up 0.27 at 26.64 – change 1.02%
EOG Resources (EOG) down 0.49 at 128.16 – change 0.39%
Exxon Mobil (XOM) down 1.33 at 107.78 – change 1.22%
Kinder Morgan (KMI) down 0.03 at 16.87 – change 0.18%
Marathon Oil Corp. (MRO) down 0.57 at 27.46 – change 2.00%
NOV Inc. (NOV) down 0.15 at 20.34 – change 0.69%
Occidental Petroleum (OXY) down 0.26 at 63.01 – change 0.42%
Phillips 66 (PSX) down 1.33 at 116.79 – change 1.13%
Pioneer Natural Resources (PXD) down 2.15 at 243.69 – change 0.88%
Tellurian Inc. (TELL) down 0.15 at 0.60 – change 19.07%
Valero (VLO) down 2.53 at 126.43 – change 1.97%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 0.48 at 79.72 – change 0.60%
CenterPoint (CNP) down 0.10 at 27.39 – change 0.37%
Entergy (ETR) down 0.47 at 98.18 – change 0.48%