SLIDESHOW: Watch Oil Stocks as Huge Companies Report Earnings (COP, XOM, ENB, APA, CHK)

Thrusday is a big day for the oil industry as five giant players reported earnings this morning.

Trading will be especially hot with natural gas inventories coming out at 10:30am EDT. As if this isn't enough to move the industry, oil prices are soaring Thursday morning with WTI up more than two percent and Brent up 0.82 percent.