Crude prices fell on the last trading day in June

Crude oil prices finished last week with a drop on Friday, thanks to weak U.S. fuel demand. However, some key inflation data for May reportedly boosted the chances of an interest rate cut to be made later this year by the Federal Reserve.

West Texas Intermediate crude finished 20 cents lower or 0.24% at $81.54 a barrel on the New York Mercantile Exchange.

Both WTI and Brent finished the month of June with about a 6% gain for the month. Still, demand for gasoline fell to 8.83 million barrels a day, the lowest since February reported the Energy Information Administration.

August natural gas fell 9 cents to $2.60 per 1,000 cubic feet.

Most Oklahoma energy stocks finished Friday with gains including Canoo up 7% while Empire Petroleum was one of the few to suffer losses—a drop of more than 6%.

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Many other energy stocks finished the week on Friday with gains, according to the Texas Energy Report.

APA Corp. (Apache) (APA) up 0.37 at 29.44 – change 1.27%

Cheniere (LNG) up 2.63 at 174.83 – change 1.52%

Chevron (CVX) up 0.10 at 156.41 – change 0.06%

ConocoPhillips (COP) up 0.41 at 114.38 – change 0.35%

Diamondback Energy (FANG) up 1.00 at 200.19 – change 0.50%

Energy Transfer LP (ET) up 0.19 at 16.22 – change 1.18%

Enterprise Products Partners (EPD) up 0.08 at 28.98 – change 0.27%

EOG Resources (EOG) up 1.32 at 125.87 – change 1.05%

Exxon Mobil (XOM) up 0.22 at 115.12 – change 0.19%

Kinder Morgan (KMI) up 0.11 at 19.87 – change 0.55%

Marathon Oil Corp. (MRO) up 0.09 at 28.67 – change 0.31%

NOV Inc. (NOV) up 0.13 at 19.01 – change 0.68%

Occidental Petroleum (OXY) up 0.34 at 63.03 – change 0.54%

Phillips 66 (PSX) up 1.77 at 141.16 – change 1.26%

Tellurian Inc. (TELL) down 0.07 at 0.69 – change 8.71%

Valero (VLO) up 2.72 at 156.76 – change 1.76%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 0.57 at 87.74 – change 0.64%

CenterPoint (CNP) up 0.17 at 30.98 – change 0.55%

Entergy (ETR) up 0.24 at 107.00 – change 0.22%