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
US Natural Gas jumps almost 20% as Arctic blast takes hold
U.S. natural gas futures climbed above $6 per million British thermal units for the first time since 2022, driven by an intense winter storm that increased heating demand and disrupted production. The extreme cold pushed prices sharply higher after a record rally the previous week, while power systems faced added strain and natural gas supply dropped in several regions.
Oil prices rise as harsh winter disrupts US output
Oil prices edged higher on Monday after climbing more than 2% in the previous session, as output disruptions in major U.S. crude-producing regions and tensions between the U.S. and Iran boosted prices. Brent crude futures rose 7 cents, or 0.1%, to $65.95 a barrel. U.S. West Texas Intermediate crude was at $61.10 a barrel, up 3 cents, or 0.1%.
Curious Minds Corner
Why does crude oil come in so many colors?
Crude oil can appear black, brown, green, or even yellow depending on its sulfur content, metal traces, and how much it has degraded underground.