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July 30, 2022

Crude oil made gains on Friday

Oil prices rise further on surprise inventory draw as demand remains strong  - Nairametrics

 

This week’s OPEC + meeting affected crude oil prices on Friday as they settled up more than $2 a barrel. Investors are no longer optimistic that OPEC+ will boost supplies.

West Texas Intermediate crude for September delivery managed a $2.20 gain to $98.62 a barrel.

Global benchmark Brent crude settled up 52 cents to $107.14 a barrel.

 

September natural gas rose 10 cents to $8.23 per 1,000 cubic feet.

Oklahoma energy stocks responded mostly with gains for the day including a 22% bounce for Mammoth Energy Services.

 

Alliance Resource Partners, L.P.
21.91 USD+0.020 (0.091%)
Blueknight Energy Partners LP Common Stock
4.66 USD+0.0100 (0.22%)
Chesapeake Energy Ord Shs
94.17 USD+1.28 (1.38%)
Continental Resources, Inc.
68.89 USD+1.63 (2.42%)
Coterra Energy Inc
30.59 USD+0.77 (2.58%)
Devon Energy Corp
62.85 USD+2.48 (4.11%)
Empire Petroleum Corporation
11.00 USD+0.51 (4.86%)
Gulfport Energy Corp
92.04 USD+0.49 (0.54%)
Helmerich & Payne, Inc.
46.30 USD+1.97 (4.44%)
LSB Industries, Inc.
13.81 USD+0.46 (3.45%)
Laredo Petroleum Inc
88.67 USD+4.37 (5.18%)
Magellan Midstream Partners, L.P.
51.50 USD+0.29 (0.57%)
Mammoth Energy Services Inc
2.92 USD+0.53 (22.18%)
Magellan Midstream Partners, L.P.
51.50 USD+0.29 (0.57%)
Matrix Service Co
5.54 USD+0.070 (1.28%)
NGL Energy Partners LP
1.59 USD+0.030 (1.92%)
OGE Energy Corp.
41.08 USD+0.54 (1.33%)
ONE Gas Inc
84.94 USD+0.12 (0.14%)
ONEOK, Inc.
59.74 USD+0.31 (0.51%)
Ovintiv Inc
51.09 USD+2.25 (4.61%)
PHX Minerals Inc
3.28 USD+0.020 (0.61%)
SandRidge Energy Inc.
18.73 USD+0.46 (2.52%)
Unit Corp
57.75 USD−0.25 (0.43%)
Williams Companies Inc
34.09 USD+0.31 (0.92%)
Crude Oil Prices Hit a 12-Week Low, Shedding Light on Signs of a Recession  | AgWeb

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