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

Your go-to source for the latest updates and insights in the energy sector.

U.S. Sells First Venezuela Oil Cargo for $500 Million

CNN quoted the source as saying there would be more sales in the coming days. Earlier this month, President Donald Trump said Venezuela would “turn over” between 30 and 50 million barrels of its crude to the U.S.

Texas Oil and Natural Gas Industry Shattered Records in 2025

The Texas oil and natural gas industry shattered another string of records in 2025, according to the Texas Oil & Gas Association’s (TXOGA) newly released 2025 Energy & Economic Impact Report(EEIR). Highlights from the report include $27.0 billion in state and local taxes and state royalties paid by the oil and natural gas industry—the second-highest total on record—a feat driven by record-breaking performance across the industry.

Curious Minds Corner

How deep can oil and gas reservoirs be?

Some reservoirs are found more than 30,000 feet (9,000 meters) below the Earth’s surface, especially in ultra-deep offshore fields.