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Actionable news in KMI: KINDER MORGAN Inc,

Will Kinder Morgan (KMI) Stock Gain as Oil Prices Move Higher?

NEW YORK (TheStreet) -- Shares of Kinder Morgan (KMI - Get Report) are down 0.75% to $18.42 on Thursday afternoon even though oil prices are edging up.

Crude oil (WTI) is higher by 0.17% to $41.83 per barrel this afternoon and Brent crude is increasing 0.29% to $44.31 per barrel.

The International Energy Agency (IEA) released a report today that said it was doubtful that an upcoming meeting of top exporters would help ease the supply and demand balance, Reuters reports.

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