The benchmark crude WTI gained 0.75% to settle at $73.71 per barrel in today’s trading session. Prices continue to tread choppy waters after giving up the $80 per barrel level last month.
Traders remain cautious with a slew of key macro data coming up this week. At the same time, concerns about the U.S. debt ceiling and a caveat emptor from Janet Yellen about a potential default are weighing on sentiment.
Natural gas, too, gained 1.3% to close at $2.267 per MMBtu but still remains over 10% higher in the past month after testing the $2 mark nearly four weeks ago.
The United States Oil Fund ETF (USO) continues to inch up cautiously and is up 7% over the past five sessions now.
Here is a list of energy stocks that can be influenced by the latest developments in the energy markets.
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