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.
Record oil draw from US emergency reserve drives total volumes to two-year low
A record 9.9 million barrels of oil were shipped out from the U.S. Strategic Petroleum Reserve last week, data from the Department of Energy showed on Monday, pushing the total volumes in the U.S. government’s emergency stash to about 374 million barrels, its lowest since July 2024.
What soaring gas prices mean for Texas and how long it could take for costs to come down
Texas fuel prices have risen significantly since the U.S.-Israel war on Iran began on Feb. 28, which led to Iran closing a key international shipping lane for oil and gas, the Strait of Hormuz.
Curious Minds Corner
Which U.S. state pumps out the most oil today?
Texas, producing over 5 million barrels daily thanks to Permian Basin shale booms.