Crude oil dropped Tuesday as investors are still worried and wary

 

 

Crude oil prices took a 2% plunge on Tuesday and Oklahoma energy stocks went along for the fall.

Nervous investors are still wary about U.S. tariffs, the slow movement of any possible peace talks over the war in Ukraine and how those developments could affect Russian fuel supplies.

West Texas Intermediate crude dropped $1.55 or 2.4% to settle at $63.25 a barrel on the New York Mercantile Exchange.

Brent crude finished down $1.58 or 2.3% at $67.22 a barrel.

Natural gas finished up $0.030 or 1.11% at $2.726 per MMBtu.

It was another day of mostly losses for Oklahoma energy stocks. Vital Energy recorded the largest percentage drop at more than 7%.

 

Alliance Resource Partners LP
22.75 USD−0.11