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 for Another Weekly Gain as Supply Shock Deepens
Crude oil prices may have retreated from the highs reached on Thursday, but they are still set for a strong weekly gain. At the time of writing, Brent crude was trading at 112.10 per barrel, and West Texas Intermediate was trading at 106.30, with the gap between the two benchmarks shrinking once again.
While Asia and Europe scramble for natural gas, the US glut has nowhere to go
The war and Iran’s attacks on Gulf energy producers have halted 20% of global liquefied natural gas (LNG) supply. Qatari LNG facilities have been damaged and tankers have been unable to sail through the Strait of Hormuz waterway at the Gulf’s entry because of Iranian threats to fire on them.
Curious Minds Corner
How did John D. Rockefeller once control 90% of America’s oil through one sneaky company?
Standard Oil used ruthless tactics like secret railroad rebates and buyouts to monopolize refining until its 1911 breakup.