As crude oil prices gained about 1% in Thursday’s trading, Oklahoma energy stocks were mixed while a few had losses ranging from 5% to 7%.
Crude rose after Israel stepped up airstrikes on Gaza’s Rafah and caused concern the fighting might interfere in the movement of crude out of that part of the world.
West Texas Intermediate crude rose 76 cents or 0.9% at $83.57 while Brent crude finished up 99 cents or 1.1% at $89.01 barrel.
May natural gas fell 1 cent to $1.64 per 1,000 cubic feet.
Oklahoma energy stocks had a mixed day in trading with a few taking some serious losses. Empire Petroleum fell 7% while Helmerich & Payne dropped 5%.
21.50 USD+0.32
2.70 USD−0.20
91.47 USD+0.78
28.43 USD−0.030
52.61 USD+0.51
4.65 USD−0.33
161.12 USD+1.87
40.44 USD−1.99
8.13 USD+0.040
20.22 USD+0.13
3.30 USD−0.020
11.77 USD+0.23
5.89 USD−0.100
34.48 USD+0.16
64.54 USD−0.39
81.38 USD+0.43
53.14 USD+0.24
3.46 USD−0.070
14.62 USD−0.040
7.65 USD+0.055
39.00 USD+0.30
54.65 USD−0.49
39.45 USD+0.20