Crude oil prices gained about 2% on Friday and Oklahoma energy stocks recorded positive gains as well.
It was the first weekly gain for crude oil since the middle of April and came about as a US trade deal with the United Kingdom produced optimism about investors. Both Brent and WTI finished up 4% for the week.
Global benchmark Brent Crude finished up $1.07 or 1.7% at $63.91 a barrel.
US benchmark, West Texas Intermediate rose $1.11 or 1.9% to close at $61.02 on the New York Mercantile Exchange.
Brent crude futures rose $1.07, or 1.7%, to settle at $63.91 a barrel, while U.S. West Texas Intermediate crude futures advanced $1.11, or about 1.9%, to settle at $61.02.
The majority of Oklahoma energy stocks recorded gains for the day including PHX Minerals with a more than 20% increase following its sale to WhiteHawk Energy.
While Mammoth Energy rose more than 5%, two firms, Matrix Service and NGL Energy fell with large losses, 9% and 7% respectively.