Crude oil prices recorded another day of gains

Crude oil prices hit a two-week high on Tuesday as traders were worried about the sanctions on Russian and Iranian oil supplies.

Added to their concern was the increasing Middle East tensions. As a result, both crude benchmarks recorded a third straight day of gains and reached their highest closes since Jan. 28.

West Texas Intermediate crude gained $1 or 1.4% to finish at $73.32 a barrel on the New York Mercantile Exchange.

Brent crude went up $1.13 or 1.5% to $77 a barrel.

Oklahoma energy stocks had another strong day on Tuesday. Unit Corporation jumped nearly 10%, having the strong gain of energy stocks for the day. On the loss side, NGL Energy Partners LP plunged nearly 21% after a dismal quarterly financial report.