The strife in the Middle East and a poptential peace settlement in Ukraine sent crude oil prices tumbling more than $2 a barrel on Friday and Oklahoma energy stocks followed suit.
Investors also considered the growth of U.S. crude oil stockpiles in what sent prices downward.
West Texas Intermediate crude dropped $2.08 or 2.87% a barrel to close at $70.40 on the New York Mercantile Exchange.
Global benchmark Brent crude fell $2.05 or 2.68% to settle at $74.43 a barrel. For the week, Brent lost 0.4% and U.S. crude futures fell 0.5%.
Natural gas prices went up again, this time 8 cents for a 1.98% gain to settle at $4.23 per MMBtu.
Most of the Oklahoma energy stocks trading on Friday experienced negative territorty including 7% losses for Vital Energy and Matrix Service Inc.