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June 7, 2025

Resumption of trade talks sent crude oil prices up on Friday

Crude oil prices and Oklahoma energy stocks finished the week with strong gains—oil up more than $1 a barrel while some Oklahoma energy stocks rose as much as 7%.
Crude oil prices made their first weekly gain in three weeks, thanks in large part to a favorable U.S. jobs report combined with trade talks that resumed between the U.S. and China. The weekly gains came after two straight weeks of declines. Brent finished up 2.75% for the week while WTI was 4.9% higher.
Brent crude rose $1.13 or 1.73% to close at $66.47 a barrel.
West Texas Intermediate finished up $1.21 or 1.91% at $64.58 a barrel on the New York Mercantile Exchange.
Not only did crude oil prices see gains on Friday but so did most Oklahoma energy stocks. Empire Petroleum rose nearly 7% and NGL Energy Partners went up 5% for the day.
Alliance Resource Partners LP
25.75 USD+0.040 
Coterra Energy Inc
25.58 USD+0.75 
Devon Energy Corp
32.29 USD+0.87 
Empire Petroleum Corp
5.19 USD+0.32 
 Expand Energy Corp
117.35 USD+1.78 
Gulfport Energy Corp
191.02 USD+2.47 
Helmerich and Payne Inc
16.75 USD+0.47 
 LSB Industries Inc
7.68 USD−0.070 
Mach Natural Resources LP
13.26 USD+0.26 
Mammoth Energy Services Inc
2.69 USD+0.070 
Matrix Service Co
12.46 USD+0.16 
NGL Energy Partners LP Unit
3.80 USD+0.17 
OGE Energy Corp
43.79 USD−0.11 
ONE Gas Inc
73.44 USD+0.030 
ONEOK Inc
81.72 USD+0.53 
 Ovintiv Inc
38.18 USD+1.12 
PHX Minerals Inc
4.31 USD−0.010 
SandRidge Energy Inc
10.64 USD+0.26 
Stardust Power Inc
0.63 USD+0.0013 
Unit Corp
27.74 USD+0.74 
Vital Energy Inc
17.11 USD+0.62 
Williams Companies Inc
60.56 USD0.00 

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