Crude oil prices gained more than 3% on Monday

A halt in crude oil production a Norwegian oilfield prompted a more than 3% gain in crude oil prices Monday.

Reuters reported Equinor said it had halted output from its Johan Sverdrup oilfield, western Europe’s largest, due to an onshore power outage. Work to restart production was under way, an Equinor spokesperson said, but it was not immediately clear when it would resume.

West Texas Intermediate crude rose $2.14 or 3.2% per barrel to close at $69.16 on the New York Mercantile Exchange.

Global benchmark Brent crude futures went up $2.26 or 3.2% per barrel to finish the day’s trading at $73.30.

Natural gas up 0.15 at $2.97 – change 5.31%.

Monday’s opening day of trading proved to be one where Oklahoma energy stocks recorded mostly gains.