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.