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 holds at two-week highs on expected US rate cut, geopolitical risks
West Texas Intermediate (WTI) crude prices are hovering around $59.57 per barrel, poised for a weekly gain. The market is currently supported by expectations of a Federal Reserve interest rate cut next week and escalating tensions between the U.S. and Venezuela.
Halliburton Promotes Slocum to COO Role
Halliburton revealed, in a statement posted on its website recently, that Shannon Slocum has been promoted to Executive Vice President and Chief Operating Officer and been appointed to the board of directors, effective January 1, 2026.
Curious Minds Corner
What does “proven reserves” mean in the oil industry?
“Proven reserves” refers to the amount of oil that is reasonably certain to be recoverable under current economic and technological conditions.