Oil prices rose on Poland’s shootdown of Russian drones

As it happened: Poland downs suspected Russian drones in its airspace |  Reuters

 

 

A day after Poland shot down Russian drones over its airspace, crude oil prices rose more than $1 a barrel.

It’s an indication that investors worry about possible supply disruptions and added to concerns following an Israeli attack on Hamas leaders in Qatar.

Brent crude futures finished up $1.10 or 1.7% at $67.49 a barrel.

West Texas Intermediate crude in the states rose $1.04 or 1.7% to close at $63.67 a barrel on the New York Mercantile Exchange.

Natural gas prices rose $0.093 or 2.98% at $3.024 per MMBtu.

Gains were in the majority for Oklahoma energy stocks on Wednesday. Helmerich & Payne and LSB Industries each recorded boosts of 4% in their shares while Vital Energy shot up nearly 7%.

Of the handful of firms with losses, Matrix Service Co. led all with a nearly 14% drop for the day.

 

Alliance Resource Partners LP
22.73 USD+0.19 
Coterra Energy Inc
24.37 USD+0.51 
Devon Energy Corp
35.52 USD+1.20 
Empire Petroleum Corp
4.10 USD−0.16 
Expand Energy Corp
96.47 USD+1.74 
Gulfport Energy Corp
171.72 USD+1.38 
Helmerich and Payne Inc
20.86 USD+0.84 
LSB Industries Inc
8.13 USD+0.32 
Mach Natural Resources LP
13.75 USD+0.18 
Mammoth Energy Services Inc
2.34 USD+0.020 
Matrix Service Co
12.27 USD−1.98 
NGL Energy Partners LP Unit
5.85 USD−0.020 
OGE Energy Corp
43.94 USD+0.15 
ONE Gas Inc
74.92 USD+0.21 
ONEOK Inc
73.35 USD+1.51 
Ovintiv Inc
42.87 USD+1.42 
SandRidge Energy Inc
11.68 USD+0.30 
Stardust Power Inc
2.70 USD−0.090 
Unit Corp
32.84 USD−0.091 
Vital Energy Inc
16.71 USD+1.05 
Williams Companies Inc
58.76 USD+1.19