Friday saw crude oil prices drop nearly $1 a barrel and Oklahoma energy stocks also finished the day down.
The price fall came as traders waited for the outcome of the talks between President Trump and Russia’s Vladimir Putin. The two arrived Friday in Alaska and immediately went into talks behind closed doors.
West Texas Intermediate crude fell $1.16 or 1.8% to close at $62.80 a barrel on the New York Mercantile Exchange.
Brent crude finished down 99 cents or 1.5% to $65.85 a barrel.
Natural gas rose 8 cents for a 2.82% gain to $2.921 per MMBtu.
A majority of Oklahoma energy stocks finished Friday with losses. Stardust Power dropped 5% and Alliance Resource Partners fell 4%.
One bright spot was Empire Petroleum Corp. which gained nearly 7% for the day.