PEMA Professional Energy Marketers Association
Related Articles
Crude oil prices shot up a dollar a barrel in Tuesday’s trading largely because the U.S. dollar index dropped to its lowest level in more than a week. At the same time, most Oklahoma energy stocks made gains for the day.
Helping boost the crude oil was a shift by investors away from concerns over whether the fighting in the Middle East might disrupt the flow of oil.
West Texas Intermediate crude rose $1.46 or 1.8% to finish at $83.36 a barrel on the New York Mercantile Exchange.
Global benchmark Brent crude gained $1.42 or 1.6% to settle at $88.42 a barrel on ICE Futures Europe.
Most other energy stocks recorded gains, according to the Texas Energy Report.
APA Corp. (Apache) (APA) down 0.41 at 32.06 – change 1.27%
Cheniere (LNG) down 1.56 at 158.90 – change 0.98%
Chevron (CVX) up 0.93 at 162.85 – change 0.57%
ConocoPhillips (COP) up 0.51 at 129.84 – change 0.39%
Diamondback Energy (FANG) up 1.79 at 204.37 – change 0.88%
Energy Transfer LP (ET) up 0.07 at 15.90 – change 0.44%
Enterprise Products Partners (EPD) down 0.09 at 28.91 – change 0.32%
EOG Resources (EOG) up 0.90 at 134.80 – change 0.67%
Exxon Mobil (XOM) up 0.47 at 121.03 – change 0.38%
Kinder Morgan (KMI) down 0.06 at 18.76 – change 0.32%
Marathon Oil Corp. (MRO) up 0.17 at 27.82 – change 0.61%
NOV Inc. (NOV) up 0.27 at 18.86 – change 1.45%
Occidental Petroleum (OXY) up 0.39 at 67.39 – change 0.58%
Phillips 66 (PSX) up 1.79 at 158.84 – change 1.13%
Pioneer Natural Resources (PXD) up 1.72 at 275.23 – change 0.62%
Tellurian Inc. (TELL) down 0.03 at 0.40 – change 5.48%
Valero (VLO) up 1.64 at 167.54 – change 0.98%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) up 0.66 at 85.56 – change 0.77%
CenterPoint (CNP) down 0.05 at 28.73 – change 0.18%
Entergy (ETR) down 0.27 at 107.18 – change 0.26%
The post Weakened dollar sends crude oil prices up first appeared on Oklahoma Energy Today.
