Crude oil prices slip as Israeli peace talks resume with Hamas

The increased talks for peace in Gaza led crude oil prices to a fall on Monday as Israel reduced the number of troops it had in the fighting with Hamas.

US benchmark, West Texas Intermediate crude finished down 48 cents or 0.6% at $86.43 a barrel on the New York Mercantile Exchange.

Brent crude, considered the global benchmark recorded a 79 cent or 0.9% fall to $90.38 a barrel on ICE Futures Europe.

It was the first fall in prices in five sessions for Brent crude and the first in seven sessions for WTI.

May natural gas rose 6 cents to $1.84 per 1,000 cubic feet.

A majority of Oklahoma energy stocks recorded gains in Monday’s day of trading with a 5% jump for Empire Petroleum Corp.

Canoo EV maker saw a more than 13% gain.

Other energy stocks were down for the day, according to the Texas Energy Report.

APA Corp. (Apache) (APA) down 0.70 at 35.04 – change 1.96%

Cheniere (LNG) down 0.29 at 156.47 – change 0.18%

Chevron (CVX) down 0.33 at 161.27 – change 0.21%

ConocoPhillips (COP) down 1.11 at 132.41 – change 0.83%

Diamondback Energy (FANG) up 2.25 at 206.57 – change 1.10%

Energy Transfer LP (ET) down 0.02 at 15.82 – change 0.13%

Enterprise Products Partners (EPD) down 0.26 at 29.47 – change 0.88%

EOG Resources (EOG) down 0.49 at 135.44 – change 0.37%

Exxon Mobil (XOM) down 0.82 at 120.55 – change 0.68%

Kinder Morgan (KMI) down 0.10 at 18.36 – change 0.55%

Marathon Oil Corp. (MRO) down 0.20 at 29.49 – change 0.68%

NOV Inc. (NOV) down 0.13 at 20.38 – change 0.64%

Occidental Petroleum (OXY) down 0.52 at 68.73 – change 0.76%

Phillips 66 (PSX) down 2.21 at 168.55 – change 1.29%

Pioneer Natural Resources (PXD) down 2.27 at 270.51 – change 0.84%

Tellurian Inc. (TELL) down 0.02 at 0.54 – change 3.07%

Valero (VLO) down 2.50 at 180.89 – change 1.37%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) up 0.32 at 84.27 – change 0.38%

CenterPoint (CNP) up 0.17 at 28.22 – change 0.60%

Entergy (ETR) up 1.53 at 105.76 – change 1.46%