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
Oil Prices Tumble on Iran-Israel Ceasefire
Crude oil prices slumped today, following a social media statement by President Trump saying that the Iran-Israel ceasefire is now in effect, putting an end to the war that started on June 13. Israel has agreed to the U.S. ceasefire proposal, while Iran’s state media has reported the ceasefire is now in effect after a final round of missiles.
Oil Market Sees 1 in 5 Chance of Material Gulf Disruption
The oil market is now factoring in a one in five chance of a material disruption in Gulf energy production flows, analysts at J.P. Morgan, including Natasha Kaneva, head of global oil and commodities research at the company.
Curious Minds Corner
What’s the real difference between “crude oil” and “petroleum”?
Crude oil is the raw, unrefined liquid from the ground. Petroleum is a broader term including crude oil and all the products refined from it (gasoline, plastics, etc.).