Crude oil prices dropped more than 2% for a fourth straight day of losses

The larger-than-expected build in U.S. crude oil stockpiles, including those at Oklahoma’s Cushing Hub sent crude oil prices down for a fourth consecutive session on Wednesday.

Adding to the pressure were worries of investors about the plans of OPEC+ to increase output next month.

West Texas Intermediate crude finished down $1.95 or 2.86% to $66.31 a barrel on the New York Mercantile Exchange.

Brent crude dropped $1.74 or 2.45% to $69.30 a barrel.

Wednesday was another down day for many Oklahoma energy stocks such as the 5% drop for Vital Energy and 2% declines for ONEOK, Devon Energy and Mach Natural Resources.