Crude oil prices made only slight movement upward on Friday as observers wonder what will happen next in the call for peace talks to end Russia’s invasion of Ukraine. But Oklahoma energy stocks had a big day in trading as one firm saw a 22% gain for the day.
It led to a price gain for the week and it was the first such gain in three weeks.
U.S. President Donald Trump said on Friday he will see if Russian President Vladimir Putin and Ukraine President Volodymyr Zelenskiy will work together in ending Russia’s war in Ukraine, reported Reuters.
West Texas Intermediate finished up 14 cents or 0.22% to reach $63.66 a barrel on the New York Mercantile Exchange.
Brent crude closed up 6 cents or 0.09% at $67.73 per barrel.
Natural gas fell 4.74% on a $0.134 decline to $2.692 per MMBtu.
Oklahoma energy stocks finished the week with a strong trading day on Friday as most recorded gains and only a few experienced losses. Empire Petroleum led all gainers with a 22% jump in the value of its stock. Vital Energy rose more than 10%.
