Worries over US and China trade war sent crude prices down on Monday

 

Crude oil prices skidded downward on Monday falling nearly $1 a barrel while at the same time, Oklahoma energy stocks recorded moderate gains for the day.

The drop in crude oil was attributed to economic concerns over how the U.S. and China trade war was affecting demand across the world.

West Texas Intermediate crude dropped 97 cents or 1.545% to $62.05 a barrel on the New York Mercantile Exchange.

Brent crude, the global benchmark fell $1.01 or 1.51% to close at $65.86 a barrel.

 

Oklahoma energy stocks responded with mostly gains including Empire Petroleum Corp. with a 7% jump and LSB Industries finishing up more than 4% for the day.

 

Alliance Resource Partners LP
27.31 USD+0.17 
Coterra Energy Inc
25.72 USD+0.35 
Devon Energy Corp
31.55 USD+0.20 
Empire Petroleum Corp
5.15 USD+0.32 
Expand Energy Corp
107.11 USD+1.81 
Gulfport Energy Corp
178.44 USD+3.44 
Helmerich and Payne Inc
19.82 USD−0.15 
 LSB Industries Inc
5.89 USD+0.24 
Mammoth Energy Services Inc
2.58 USD−0.035 
Matrix Service Co
11.69 USD−0.21 
NGL Energy Partners LP Unit
3.15 USD+0.020 
OGE Energy Corp
45.47 USD+0.60 
ONE Gas Inc
77.97 USD+0.13 
ONEOK Inc
87.87 USD+1.56 
Ovintiv Inc
35.00 USD+0.33 
PHX Minerals Inc
3.98 USD+0.11 
SandRidge Energy Inc
9.40 USD−0.12 
Stardust Power Inc
0.50 USD−0.0050 
Unit Corp
25.05 USD−0.17 
Vital Energy Inc
16.13 USD+0.31 
Williams Companies Inc
59.66 USD+0.63