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March 12, 2025

Big gain for crude oil prices on Wednesday

 

Tighter than expected oil and fuel inventories played a role Wednesday in the 2% gain for crude oil prices.

The 1.4 million barrel increase was less than the 2-million barrel rise expected by forecasters.

West Texas Intermediate crude rose $1.43 or 2.2% to $67.68 per barrel on the New York Mercantile Exchange.

Brent crude gained $1.39 or 2% and finished at $70.95 a barrel.

Natural gas down 0.37 at $4.08 – change 8.29%

Oklahoma energy stocks had a strong day in Wednesday’s trading  with a 6% gain for SandRidge Energy and a 5% increase for Empire Petroleum.

 

Alliance Resource Partners, L.P.
24.73 USD−0.060 
Coterra Energy Inc
27.23 USD+0.35 
Devon Energy Corp
34.75 USD+0.34 
 Empire Petroleum Corp
6.78 USD+0.30 
Expand Energy Corp
100.82 USD+0.52 
Gulfport Energy Corp
165.90 USD+0.94 
 Helmerich and Payne Inc
25.28 USD−0.010 
 LSB Industries Inc
7.10 USD+0.050 
Mach Natural Resources LP
14.53 USD+0.41 
Mammoth Energy Services Inc
2.10 USD+0.0100 
Matrix Service Co
12.56 USD+0.30 
NGL Energy Partners LP Unit
4.53 USD−0.15 
OGE Energy Corp
44.35 USD+0.28 
ONE Gas Inc
72.60 USD−0.93 
ONEOK Inc
92.97 USD+0.35 
 Ovintiv Inc
39.75 USD+0.81 
PHX Minerals Inc
3.93 USD+0.16 
 SandRidge Energy Inc
11.60 USD+0.66 
Stardust Power Inc
0.60 USD−0.032 
Unit Corp
28.02 USD+0.020 
Vital Energy Inc
21.59 USD+0.67 
Williams Companies Inc
56.30 USD+1.35 

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