Crude oil prices rose Thursday following a report from the US Energy Information Administration referencing a cooling job market that fueled hopes the Federal Reserve might decide to cut interest rates soon.
West Texas Intermediate Crude futures for July gained 60 cents to settle at $82.17 a barrel.
Brent crude, the global benchmark, settled up 64 cents at $85.17 a barrel. The session high of $85.89 was the highest mark since May 1st.
Crude inventories fell by 5.9 million barrels in the week to June 15th. That compares to analysts’ expectation of a decrease of 1.9 million barrels.
Only four of 23 Oklahoma energy stocks showed losses Thursday.
Alliance Resource Partners, L.P.
24.13 USD +0.17 (+0.71%)
Canoo Inc
1.81 USD +0.00 (+0.00%)
Chesapeake Energy Corp
83.94 USD -0.01 (-0.01%)
Coterra Energy Inc
26.89 USD +0.21 (+0.79%)
Devon Energy Corp
45.99 USD +0.35 (+0.76%)
Empire Petroleum Corp
5.54 USD -0.11 (-1.95%)
Gulfport Energy Corp
152.18 USD +0.59 (+0.39%)
Helmerich and Payne Inc
33.84 USD +0.49 (+1.47%)
LSB Industries Inc
8.38 USD +0.28 (+3.46%)
Mach Natural Resources LP
19.12 USD +0.25 (+1.32%)
Mammoth Energy Services Inc
3.21 USD -0.08 (-2.43%)
Matrix Service Co
10.49 USD +0.34 (+3.45%)
NGL Energy Partners LP
5.27 USD -0.04 (-0.75%)
OGE Energy Corp
35.29 USD +0.18 (+0.51%)
ONE Gas Inc
60.68 USD -0.41 (-0.68%)
ONEOK Inc
81.05 USD +0.99 (+1.24%)
Ovintiv Inc
46.61 USD +0.67 (+1.46%)
PHX Minerals Inc
3.13 USD -0.02 (-0.63%)
SandRidge Energy Inc
13.06 USD -0.06 (-0.46%)
Southwestern Energy Co
6.77 USD +0.015 (+0.22%)
Unit Corp
36.53 USD +0.030 (+0.082%)
Vital Energy Inc
43.38 USD +1.01 (+2.38%)
Williams Companies Inc
42.40 USD +0.59 (+1.41%)
