Crude oil prices rose Friday on report Iran is planning another attack on Iraq

 

A published report indicating Iran is planning a retaliatory strike against Iraq sent crude oil prices up on Friday.

The report by Axios indicated Iran plans a strike through militias it backs in Iraq.It reportedly will use drones and ballistic missiles.

West Texas Intermediate crude rose 23 cents or 0.33% to close at $69.49 per barrel on the New York Mercantile Exchange.

Global benchmark, Brent crude, gained 21 cents or 0.29% and finished the day at $73.02 per barrel on ICE Futures Europe.

Natural gas closed down 4 cents or 1.63% at $2.66.

Oklahoma energy stocks finished the week on Friday with most recording losses in the day’s trading. Canoo plunged a whopping 27%. Mammoth Energy ended with a more than 16% loss for the day.

 

Alliance Resource Partners, L.P.
26.37 USD+0.20 
Canoo Inc
0.55 USD−0.21 
Coterra Energy Inc
22.71 USD−1.21 
Devon Energy Corp
38.32 USD−0.36 
Empire Petroleum Corp
5.20 USD+0.020 
Expand Energy Corp
83.66 USD−1.06 
Gulfport Energy Corp
137.59 USD−0.85 
Helmerich and Payne Inc
32.93 USD−0.67 
LSB Industries Inc
8.31 USD+0.11 
Mach Natural Resources LP
15.75 USD−0.35 
Mammoth Energy Services Inc
3.68 USD−0.73 
Matrix Service Co
11.24 USD+0.010 
 NGL Energy Partners LP Unit
4.04 USD+0.040 
OGE Energy Corp
39.66 USD−0.33 
ONE Gas Inc
70.04 USD−1.23 
ONEOK Inc
93.36 USD−2.53 
Ovintiv Inc
38.96 USD−0.24 
PHX Minerals Inc
3.42 USD−0.19 
SandRidge Energy Inc
11.07 USD−0.020 
Unit Corp
30.00 USD−1.10 
Vital Energy Inc
26.03 USD−1.24 
Williams Companies Inc
51.56 USD−0.81