A weak U.S. jobs report led to a more than 2% loss in crude oil prices on Friday as some believe it dimmed the outlook for energy demand.
Plus, there was the increase in U.S. crude oil supplies as reported on Thursday.
Brent crude, the global standard, dropped $1.49 or 2.22% to settle at $65.50 a barrel.
West Texas Intermediate in the states fell $1.61 or 2.54% and closed at $61.87 a barrel on the New York Mercantile Exchange.
Natural gas prices fell $0.026 or 0.85% to finish the day at $3.048 per MMBtu.
Friday resulted in a day of losses for the majority of Oklahoma energy stocks. Vital Energy recorded the biggest percentage drop at nearly 6% while four firms had 3% declines for the day.
Alliance Resource Partners LP
22.89 USD+0.13
Coterra Energy Inc
23.98 USD−0.41
Devon Energy Corp
34.76 USD−0.82
Empire Petroleum Corp
4.96 USD+0.010
Expand Energy Corp
95.51 USD−1.15
Gulfport Energy Corp
175.14 USD−0.48
Helmerich and Payne Inc
20.20 USD−0.61
LSB Industries Inc
8.37 USD+0.17
Mach Natural Resources LP
14.04 USD−0.060
Mammoth Energy Services Inc
2.29 USD−0.060
Matrix Service Co
14.58 USD−0.060
NGL Energy Partners LP Unit
5.75 USD−0.050
OGE Energy Corp
44.15 USD−0.15
ONE Gas Inc
75.99 USD+0.78
ONEOK Inc
72.63 USD−1.75
Ovintiv Inc
41.09 USD−1.51
SandRidge Energy Inc
11.44 USD−0.37
Stardust Power Inc
0.30 USD−0.0100
Unit Corp
32.30 USD+0.23
Vital Energy Inc
16.40 USD−0.99
Williams Companies Inc
57.20 USD−0.38