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 Set for a Weekly Loss Amid Glut Concerns
Crude oil prices were on course to end the week with a loss, with the decline starting on Wednesday and extending into Friday, reversing a string of gains that lasted two weeks. At the time of writing, Brent crude was trading at $66.88 per barrel, with West Texas Intermediate at $63.34 per barrel.
Texas oil companies forecast billions in tax breaks from Trump’s ‘Big Beautiful Bill’
The Houston oil-company Occidental Petroleum reported last month it was expecting a large tax break from President Donald Trump’s tax and spending cut package known as the One Big Beautiful Bill — to the tune of $700 to $800 million over the next two years. It’s a sizable sum for a company that reported a $2.4 billion profit last year.
Curious Minds Corner
Which country consumes the most oil in the world?
The United States consumes more than 19 million barrels daily.