Crude oil prices rose on Friday while Oklahoma energy stocks fell into negative territory.
The crude oil gains came after new U.S. sanctions on Iran and its oil program.
West Texas Intermediate crude rose 21 cents or 0.3% to close at $68.28 per barrel on the New York Mercantile Exchange.
Brent crude gained 16 cents or 0.2% to settle at $72.16 a barrel.
For the week, WTI gained 1.6% and Brent up 2.1%. It was their biggest gains since the first week of 2025.
Natural gas up 0.01 at $3.98 – change 0.13%
Friday proved to be a day of negative trading for most Oklahoma energy stocks. Matrix dropped 5% for the day.
One exception was Empire Petroleum Corp. which recorded a more than 9% gain for the day.
26.25 USD−0.43
28.72 USD−0.29
36.15 USD+0.020
6.20 USD+0.51
107.35 USD−1.90
183.59 USD−0.99
24.80 USD−0.53
6.97 USD−0.26
15.20 USD+0.090
2.18 USD+0.050
12.49 USD−0.60
4.66 USD0.00
44.96 USD−0.30
73.08 USD−1.07
99.34 USD−1.31
41.46 USD−0.66
4.08 USD−0.020
11.34 USD−0.34
0.66 USD−0.0099
28.20 USD−0.27
22.11 USD−0.65
59.60 USD−0.15