A dip in U.S. crude inventories sent crude oil prices up on Wednesday.
Prices also rose following an interest rate cut by the U.S.Federal Reserve.
West Texas Intermediate crude rose 50 cents or 0.71T to $70.58 a barrel on the New York Mercantile Exchange.
Global standard Brent crude managed a 20 cent or 0.27% gain to $73.39 a barrel.
Natural gas rose too, going up 10 cents for a 2.96% gain to $3.41.
Out of our Oklahoma energy stocks, only one, Canoo Inc. managed a gain in Wednesday’s trading. Others experienced some large drops such as 8% at Empire Petroleum Corp. and 6% for Helmerich & Payne.
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