Zelenskyy and Trump argument sent crude prices crude oil prices down on Friday

Trump and Zelensky Clash in the Oval Office | Council on Foreign Relations

 

 

Crude prices fell Friday following the televised verbal argument between President Trump and Ukrainian President Zelinskyy and at the same time, Oklahoma energy stocks recorded gains.

Putting pressure on traders and investors was the decision by Iran to resume oil exports out of the Kurdistan region.

West Texas Intermediate finished down 59 cents or 0.84% at $69.76 a barrel on the New York Mercantile Exchange.

Brent crude dropped 86 cents or 1.16% and finished at $73.18 a barrel.

It was the first monthly decline in three months for both benchmarks.

Natural gas prices fell 11 cents for a 2.85% decline to $3.82 per MMBtu.

By a slight margin, more Oklahoma energy stocks had gains than losses in Friday’s trading.

Mammoth Energy rose 7% and Empire Petroleum and NGL Energy Partners each recorded a 5% increase.

 

Alliance Resource Partners, L.P.
26.29 USD−0.53 
Coterra Energy Inc
26.99 USD+0.59 
Devon Energy Corp
36.22 USD+0.34 
Empire Petroleum Corp
6.90 USD+0.32 
Expand Energy Corp
98.88 USD+1.12 
Gulfport Energy Corp
169.80 USD+2.85 
 Helmerich and Payne Inc
26.51 USD+0.14 
LSB Industries Inc
7.33 USD−0.050 
Mach Natural Resources LP
14.85 USD+0.020 
 Mammoth Energy Services Inc
2.45 USD+0.15 
Matrix Service Co
12.48 USD−0.19 
NGL Energy Partners LP Unit
4.83 USD+0.23 
OGE Energy Corp
46.28 USD+1.13 
ONE Gas Inc
75.15 USD+1.04 
Ovintiv Inc
43.46 USD+0.29 
PHX Minerals Inc
4.04 USD−0.16 
SandRidge Energy Inc
11.70 USD−0.010 
Unit Corp
27.34 USD−0.75 
Vital Energy Inc
26.71 USD−0.17 
Williams Companies Inc
58.18 USD+1.92