Crude oil starts New Year on a down note

US crude oil prices started 2024 with a loss and so did the global benchmark, thanks to an ease in concerns about supplies being disrupted by Houthi attacks in the Red Sea.

West Texas Intermediate crude finished down $1.27 or 1.8% to $70.38 a barrel on the New York Mercantile Exchange.

Global benchmark Brent crude closed down $1.15 or 1.5% to finish at $75.89 a barrel on ICE Futures Europe.

February natural gas rose 6 cents to $2.57 per 1,000 cubic feet.

Oklahoma energy stocks were mixed in Tuesday’s trading with Empire Petroleum falling 6% while Williams Cos. gained 2%.

 Alliance Resource Partners, L.P.
21.16 USD−0.020 
Canoo Inc
0.23 USD−0.027 
Chesapeake Energy Ord Shs
76.99 USD+0.050 
Devon Energy Corp
45.84 USD+0.54 
Empire Petroleum Corp
10.36 USD−0.63 
Gulfport Energy Corp
134.09 USD+0.54 
Helmerich and Payne Inc
36.40 USD+0.18 
LSB Industries Inc
9.35 USD+0.025 
Mach Natural Resources LP
15.90 USD−0.58 
Mammoth Energy Services Inc
4.42 USD−0.040 
 Matrix Service Co
9.60 USD−0.18 
 NGL Energy Partners LP
5.50 USD−0.060 
OGE Energy Corp
35.41 USD+0.48 
ONE Gas Inc
64.70 USD+0.96 
ONEOK, Inc.
71.02 USD+0.80 
Ovintiv Inc
44.15 USD+0.24 
PHX Minerals Inc
3.28 USD−0.050 
 SandRidge Energy Inc
13.70 USD+0.020 
Unit Corp
41.20 USD−1.98 
Vital Energy Inc
45.21 USD−0.28 
Williams Companies Inc
35.52 USD+0.69 
Other energy stocks had the same kind of mixed trading day, according to the Texas Energy Report.

APA Corp. (Apache) (APA) up 0.23 at 36.11 – change 0.64%

Cheniere (LNG) down 1.30 at 169.41 – change 0.77%

Chevron (CVX) up 0.32 at 149.47 – change 0.21%

ConocoPhillips (COP) up 1.52 at 117.59 – change 1.30%

Diamondback Energy (FANG) up 1.93 at 157.01 – change 1.24%

Energy Transfer LP (ET) up 0.08 at 13.88 – change 0.57%

Enterprise Products Partners (EPD) up 0.28 at 26.64 – change 1.10%

EOG Resources (EOG) up 0.65 at 121.60 – change 0.53%

Exxon Mobil (XOM) up 2.38 at 102.36 – change 2.38%

Kinder Morgan (KMI) up 0.19 at 17.82 – change 1.07%

Marathon Oil Corp. (MRO) up 0.26 at 24.42 – change 1.07%

NOV Inc. (NOV) down 0.12 at 20.16 – change 0.60%

Occidental Petroleum (OXY) up 0.34 at 60.05 – change 0.56%

Phillips 66 (PSX) up 1.14 at 134.29 – change 0.86%

Pioneer Natural Resources (PXD) up 5.40 at 230.28 – change 2.40%

Tellurian Inc. (TELL) down 0.01 at 0.74 – change 1.16%

Valero (VLO) up 0.66 at 130.66 – change 0.50%


CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 1.96 at 83.18 – change 2.41%

CenterPoint (CNP) up 0.44 at 29.01 – change 1.54%

Entergy (ETR) up 1.45 at 102.64 – change 1.43%