Price Watch
A daily bulletin about oil and gas
The Futures
Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.
Horizon Energy Digest
US Crude Oil Inventories See Sharp Drawdown, Bolstering Market Confidence
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell sharply, by 10.133 million barrels in the week ending June 13 after analysts had estimated a 600,000-barrel draw. The API reported a 337,000 barrel inventory decrease in the prior week.
Chevron enters US lithium sector with leasehold acquisitions
The leasehold position spans northeast Texas and southwest Arkansas and includes about 125,000 net acres across regions where the high-lithium content Smackover formation is present, Chevron said.
Curious Minds Corner
Can natural gas actually freeze solid?
Under high pressure and low temperatures (often found in deepwater pipelines), natural gas and water can form ice-like solids called methane hydrates.