Tag: WTI

Crude oil prices and OK energy stocks tumbled Monday

Global Tensions and Economic Concerns Pressure Energy Markets Growing pessimism over global supply and demand sent crude oil prices slipping in Monday’s trading session. Analysts pointed to a mix of geopolitical tensions, sanctions, and economic strain as the leading factors behind the market’s downturn. The continued war between Russia and Ukraine, coupled with U.S. sanctions …

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Oil Prices Surge 2% After Drone Attack on Russian Oil Depot

Ukrainian Strike Halts Exports from Major Russian Port Crude oil prices rose sharply Friday after another Ukrainian drone attack struck a Russian oil depot, forcing the port of Novorossiisk to halt exports. The assault caused significant infrastructure damage and renewed global concerns over supply disruption. The attack damaged both a ship and the oil depot …

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Crude oil and OK energy stocks rose on Monday

Oil Prices close higher after early weakness After dropping earlier in the day, crude Oil Prices closed up on Monday and at the same time, Oklahoma Energy stocks had a strong day in trading. However, intraday reversals remain common inside high-volatility macro environments. Traders say upside recovery strength shows that crude markets remain extremely reactive …

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Oil Prices Slip on Renewed Fears of Too Much Global Supply

Oil Prices dip on global glut anxiety The nagging worry about a possible oil glut across the world sent crude Oil Prices slipping a little in Thursday’s trading. However, traders warn that repeated drift lower reflects structural supply discomfort rather than a single-session sentiment swing. Oklahoma Energy analysts continue to monitor OPEC+ supply discipline closely …

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Crude oil prices dropped on larger US crude inventories

Oil Prices fall on inventory surge Crude Oil Prices dropped more than 1% in trading on Wednesday and in part, because of a buildup of U.S. crude oil inventories. However, traders viewed that inventory spike as material supply pressure and not noise. Oklahoma Energy analysts warn that rising U.S. storage elevates short-term glut risk conditions …

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Crude oil finished down while natural gas rose Tuesday

Oil Prices slide on macro pressure While crude Oil Prices dropped Tuesday and natural gas prices rose, Oklahoma Energy stocks suffered with a majority recording losses for the day. However, the market reacted to two major causes that influenced pricing behavior. Weaker manufacturing numbers hit sentiment. Additionally, the stronger dollar immediately pressured crude valuations globally …

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Oil Prices Hold Steady as OPEC+ Plans Q1 Pause

Oil Prices stabilize as OPEC+ signals strategic supply management Oil Prices held steady on Monday as the market balanced the latest OPEC+ supply increase with the group’s plans to pause output increases in the first quarter of 2026 along with fears of an oil supply glut and weak factory data in Asia. However, markets reacted …

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Oil Prices Fall After Fed Rate Cut and Trump-Xi Talks

Crude Oil Prices Slip Amid Trade Uncertainty A combination of the Federal Reserve’s latest rate cut and the meeting between President Donald Trump and Chinese President Xi Jinping sent crude oil prices falling on Thursday.Early trading showed the decline continuing through the afternoon, with U.S. benchmark West Texas Intermediate (WTI) crude closing at $60.25 per …

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U.S. Oil Stocks Drop While Cushing Storage Rises

Crude Oil Stocks Fall Nearly Seven Million Barrels The U.S. government reported a nearly 7 million-barrel drop in crude oil stocks nationwide, marking a notable weekly decline in reserves. The U.S. Energy Information Administration (EIA) said the amount of crude oil in storage fell 6.8 million barrels over the past week — declining from 422.8 …

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Oil prices dropped while natural gas shot up Monday

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Oklahoma Energy Stocks See Strong Gains Despite Falling Oil Prices Oil prices dropped to their lowest settlement since early May on Monday, but Oklahoma’s energy sector showed strength across the board.While crude prices faltered, natural gas prices jumped more than 12%, and nearly every Oklahoma-based energy stock ended the day in positive territory. Investors are …

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