Tuesday , May 21 2024

Diesel fuel shortage in Europe sends crude oil prices up in Monday’s trading

Europe is facing a shortage of diesel fuel because of Russian sanctions and shipping disruptions and as a result, crude oil prices gained in Monday’s trading.
Combine that with limited U.S. refinery output because of planned overhauls and you have a recipe for higher prices.
West Texas Intermediate rose $1.09 or 1.43% and settled at $77.58 a barrel on the New York Mercantile Exchange.
Global benchmark Brent crude gained 91 cents or 1.11% and finished the day at $82.53 a barrel on ICE Futures Europe.
March natural gas rose 6 cents to $1.66 per 1,000 cubic feet.
Oklahoma energy stocks recorded some losers and  some winners, but nothing proved to be outstanding in either category.
Alliance Resource Partners, L.P.
18.90 USD−0.10 
Canoo Inc
0.11 USD−0.011 
Chesapeake Energy Corp
81.98 USD+0.050 
Coterra Energy Inc
25.92 USD−0.030 
Devon Energy Corp
43.83 USD−0.040 
Empire Petroleum Corp
5.94 USD+0.11 
Gulfport Energy Corp
141.13 USD+0.76 
Helmerich and Payne Inc
37.99 USD+0.18 
 LSB Industries Inc
7.36 USD−0.27 
 Mach Natural Resources LP
19.37 USD−0.100 
Mammoth Energy Services Inc
3.79 USD+0.060 
Matrix Service Co
11.61 USD+0.030 
NGL Energy Partners LP
5.83 USD+0.060 
OGE Energy Corp
32.82 USD−0.66 
ONE Gas Inc
58.33 USD−1.01 
ONEOK Inc
72.91 USD−0.075 
Ovintiv Inc
45.97 USD0.00 
PHX Minerals Inc
3.07 USD+0.0100 
SandRidge Energy Inc
12.71 USD−0.070 
Southwestern Energy Co
6.94 USD+0.030 
Unit Corp
39.94 USD+0.35 
Vital Energy Inc
47.46 USD+0.85 
Williams Companies Inc
34.72 USD−0.22 
Other energy stocks? Some were up. Some were down. Here’s Texas Energy Report.

APA Corp. (Apache) (APA) down 0.41 at 29.62 – change 1.37%

Cheniere (LNG) down 2.74 at 154.99 – change 1.74%

Chevron (CVX) down 0.21 at 154.44 – change 0.14%

ConocoPhillips (COP) up 0.91 at 112.42 – change 0.81%

Diamondback Energy (FANG) up 0.75 at 177.11 – change 0.42%

Energy Transfer LP (ET) down 0.20 at 14.69 – change 1.35%

Enterprise Products Partners (EPD) down 0.27 at 27.41 – change 0.98%

EOG Resources (EOG) up 0.19 at 112.05 – change 0.16%

Exxon Mobil (XOM) up 0.41 at 104.25 – change 0.29%

Kinder Morgan (KMI) down 0.12 at 17.13 – change 0.70%

Marathon Oil Corp. (MRO) up 0.37 at 24.15 – change 1.55%

NOV Inc. (NOV) down 0.32 at 16.91 – change 1.86%

Occidental Petroleum (OXY) up 0.45 at 60.47 – change 0.74%

Phillips 66 (PSX) up 1.20 at 148.31 – change 0.81%

Pioneer Natural Resources (PXD) up 1.48 at 233.96 – change 0.63%

Tellurian Inc. (TELL) down 0.04 at 0.70 – change 4.73%

Valero (VLO) up 3.51 at 145.09 – change 2.47%

CLOSING TOP UTILITY STOCKS

American Electric Power (AEP) down 1.68 at 80.77 – change 2.04%

CenterPoint (CNP) down 0.61 at 27.30 – change 2.19%

Entergy (ETR) down 2.55 at 99.95 – change 2.49%

The post Diesel fuel shortage in Europe sends crude oil prices up in Monday’s trading first appeared on Oklahoma Energy Today.

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