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
Crude oil prices rise over 1 percent to $66.30 amid sanctions on Russian crude, OPEC+ plans
Oil prices rose by more than 1 percent on Monday, recovering some of last week’s losses, as the prospect of further sanctions on Russian crude following an overnight strike on Ukraine countered OPEC+’s planned increase in output. West Texas Intermediate crude climbed 75 cents, also up 1.2 percent, to $62.62 a barrel.
A small Texas firm is gearing up for a $150 million search for oil beneath the Arctic Ocean
This winter, the company plans to sink as many as five exploration wells into state land beneath West Harrison Bay — a shallow inlet of the Beaufort Sea.
Curious Minds Corner
Where was the world’s first commercial natural gas well drilled?
Fredonia, New York, in 1825.