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Crude oil prices dropped nearly 1% in Tuesday’s trading while Oklahoma energy stocks rebounded following Monday’s day of losses and natural gas prices continued their slow decline.
What triggered the crude oil drop? Mostly skepticism about China being able to achieve its economic growth target according to Reuters. Plus investors are shying away from risking investment.
West Texas Intermediate crude dropped 59 cents or 0.8% to $78.15 a barrel on the New York Mercantile Exchange.
Brent crude fell 76 cents or 0.9% a barrel and finished at $82.04 on ICE Futures Europe. It was the fourth straight decline for the global benchmark.
APA Corp. (Apache) (APA) up 0.43 at 30.46 – change 1.43%
Cheniere (LNG) up 0.24 at 153.51 – change 0.15%
Chevron (CVX) up 0.71 at 149.59 – change 0.47%
ConocoPhillips (COP) down 0.42 at 111.22 – change 0.38%
Diamondback Energy (FANG) up 1.17 at 180.06 – change 0.65%
Energy Transfer LP (ET) up 0.12 at 15.02 – change 0.80%
Enterprise Products Partners (EPD) up 0.20 at 27.85 – change 0.72%
EOG Resources (EOG) up 0.37 at 116.20 – change 0.31%
Exxon Mobil (XOM) up 1.28 at 105.64 – change 1.22%
Kinder Morgan (KMI) up 0.15 at 17.72 – change 0.85%
Marathon Oil Corp. (MRO) down 0.02 at 24.24 – change 0.09%
NOV Inc. (NOV) up 0.12 at 16.98 – change 0.71%
Occidental Petroleum (OXY) down 0.10 at 60.58 – change 0.17%
Phillips 66 (PSX) up 1.84 at 146.10 – change 1.27%
Pioneer Natural Resources (PXD) up 2.54 at 237.25 – change 1.08%
Tellurian Inc. (TELL) down 0.01 at 0.81 – change 0.54%
Valero (VLO) down 0.39 at 144.31 – change 0.27%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 0.90 at 84.05 – change 1.06%
CenterPoint (CNP) down 0.05 at 27.89 – change 0.18%
Entergy (ETR) up 0.02 at 102.04 – change 0.01%
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