Deadly Israeli air strike sent crude oil prices up in Wednesday’s trading

 

An Israeli air strike that killed three sons of a Hamas leader is believed to have sparked a $1 a barrel gain in crude oil prices on Wednesday. The deaths only added to growing worries that the ceasefire talks between Hamas and Israel won’t lead to success in ending the fighting in Gaza.

It showed again how reactive the market is to the bloodshed between Israel and Gaza and Israel’s intent on wiping out Hamas.

US benchmark West Texas Intermediate crude rose 98 cents or 1.2% to settle at $86.21 a barrel on the New York Mercantile Exchange.

Overseas, the global benchmark Brent crude gained $1.06 or 1.2% and finished at $90.48 a barrel on ICE Futures Europe.

May natural gas rose 2 cents to $1.89 per 1,000 cubic feet.
More losses than gains were recorded Wednesday by Oklahoma energy stocks. Empire Petroleum dropped nearly 6% for the day and Mammoth Energy Services fell 5%.
Alliance Resource Partners, L.P.
21.00 USD+0.025 
Canoo Inc
2.37 USD−0.050 
Chesapeake Energy Corp
90.00 USD+0.090 
Coterra Energy Inc
28.18 USD+0.30 
Devon Energy Corp
54.51 USD+0.37 
Empire Petroleum Corp
5.67 USD−0.33 
Gulfport Energy Corp
159.88 USD−0.82 
Helmerich and Payne Inc
43.00 USD−0.090 
LSB Industries Inc
8.48 USD−0.18 
Mach Natural Resources LP
20.35 USD+0.55 
Mammoth Energy Services Inc
3.55 USD−0.20 
Matrix Service Co
12.64 USD−0.34 
NGL Energy Partners LP
6.05 USD+0.15 
OGE Energy Corp
33.08 USD−1.14 
ONE Gas Inc
62.91 USD−1.38 
ONEOK Inc
79.06 USD−0.81 
Ovintiv Inc
55.52 USD−0.040 
 PHX Minerals Inc
3.34 USD−0.11 
SandRidge Energy Inc
15.07 USD+0.17 
Southwestern Energy Co
7.52 USD−0.015 
Unit Corp
38.07 USD−0.47 
Williams Companies Inc
38.88 USD−0.36 
Other stocks were mixed, according to the Texas Energy Report.

APA Corp. (Apache) (APA) up 0.16 at 35.04 – change 0.45%

Cheniere (LNG) up 1.02 at 158.06 – change 0.54%

Chevron (CVX) up 0.67 at 162.66 – change 0.41%

ConocoPhillips (COP) up 0.56 at 132.82 – change 0.43%

Diamondback Energy (FANG) up 0.70 at 206.23 – change 0.34%

Energy Transfer LP (ET) up 0.06 at 15.78 – change 0.38%

Enterprise Products Partners (EPD) down 0.11 at 29.15 – change 0.38%

EOG Resources (EOG) up 0.89 at 137.94 – change 0.68%

Exxon Mobil (XOM) up 1.02 at 122.20 – change 0.84%

Kinder Morgan (KMI) down 0.21 at 18.27 – change 1.14%

Marathon Oil Corp. (MRO) up 0.40 at 29.68 – change 1.36%

NOV Inc. (NOV) up 0.03 at 20.28 – change 0.14%

Occidental Petroleum (OXY) up 0.39 at 68.94 – change 0.56%

Phillips 66 (PSX) down 0.25 at 165.16 – change 0.16%

Pioneer Natural Resources (PXD) up 3.04 at 275.32 – change 1.11%

Tellurian Inc. (TELL) down 0.06 at 0.52 – change 9.40%

Valero (VLO) down 0.57 at 175.70 – change 0.32%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 1.79 at 3.29 – change 2.11%

CenterPoint (CNP) down 0.91 at 27.37 – change 3.22%

Entergy (ETR) down 1.76 at 104.56 – change 1.66%