Crude oil prices and Oklahoma energy stocks recorded moderate gains on Thursday as investors are still wondering about the impact of a possible OPEC+ output increase, a weaker U.S.dollar and conflicting U.S. tariff signals.
Most Oklahoma energy stocks recorded gains while U.S. West Texas Intermediate crude had a 52 cent or 0.8% boost to settle at $62.79 a barrel on the New York Mercantile Exchange.
Global benchmark Brent crude futures ended up 43 cents or 0.7% and finished the day’s trading at $66.55 a barrel.
Natural gas prices finished down 9 cents or 0.50% at $3.02 per MMBtu.
With only a handful of Oklahoma energy stocks finishing on the downside Thursday, others had moderate gains with two firms seeing 3% and 4% increases.
25.46 USD+0.100 (0.39%)
4.95 USD−0.13 (2.56%)
104.40 USD−0.62 (0.59%)
171.35 USD+0.24 (0.14%)
2.68 USD−0.050 (1.83%)
78.51 USD−0.080 (0.10%)
3.95 USD+0.0100 (0.25%)
9.36 USD−0.020 (0.21%)
0.51 USD−0.0040 (0.78%)
25.51 USD−0.26 (1.01%)
15.34 USD+0.070 (0.46%)