The benchmark crude WTI jumped 1.94% to settle at $79.68 per barrel in today’s trading session. Prices finished the week over 5% higher while the markets remained in choppy waters.
Natural gas also continues to display strength after weeks of weakness, as it soared 8.82% to close at $3.009. This is the highest price since mid-January.
Meanwhile, the Energy Select Sector SPDR ETF (XLE) is up 3.25% during the past five trading days. Here is a list of energy stocks that can be influenced by the latest developments in the energy markets.
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