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 to End the Week Higher After U.S. Sanctions Spark Rally
The latest round of U.S. sanctions targeting two of Russia’s largest oil exporters has pushed crude oil prices higher, with benchmarks on course to end the week with a gain after a string of losses. At the time of writing, Brent crude was trading at $65.63 per barrel, with West Texas Intermediate at $61.43.
Kinder Morgan considers US gas export projects to Mexico
US pipeline operator Kinder Morgan said Wednesday it is evaluating new projects to support natural gas exports to Mexico, amid rising power demand in the country. The Houston-based company is pursuing more than US$10 billion in opportuniities including liquefied natural gas (LNG) development, new power plants and exports to Mexico.
Curious Minds Corner
What’s the term for deviating a well bore directionally while drilling?
Directional drilling, which today may go horizontal for 2 miles or more.