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 Rise as U.S.-Iran Peace Hopes Fade
Crude oil prices ticked higher today as hopes for a peace deal between the United States and Iran faded further, after President Trump called Iran’s response to a U.S. peace deal proposal “garbage”. Iran’s response included a list of demands that the U.S. side has previously found unacceptable. At the time of writing, Brent crude was trading at $104.86 per barrel, with WTI at $98.93 per barrel.
Golden Pass LNG exports second cargo as ramp-up of Texas facility continues
Feedgas deliveries to Golden Pass LNG reached the highest level to date over the weekend to May 11, as the terminal, undergoing commissioning in Texas, exported its second cargo.
Curious Minds Corner
How many gallons of gasoline does one barrel of crude oil actually yield?
About 19-20 gallons after refining, with the rest becoming diesel, jet fuel, and other products.