Crude oil prices recorded gains prior to Memorial Day weekend

Crude oil prices closed higher on Friday but remained constant over the long Memorial Day holiday in the U.S.

The gains came as OPEC+ and its eight members plan to begin meeting on May 31 to consider an increase in oil production. The meeting is a day earlier than originally planned and the proposed increase would total 411,000 barrels a day.

West Texas Intermediate crude oil, the U.S. benchmark, closed up 33 cents to settle at $61.53 per barrel.

Natural gas prices rose 8 cents to close at $3.33.

Oklahoma energy stocks ended trading on Friday with mostly a mixed session. Mammoth Energy recorded the largest drop at more than 5% for the day while Williams had the biggest gain at more than 2%.