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 Jumps After Battle for Hormuz Control Escalates
Oil prices rose sharply as tensions over control of the Strait of Hormuz intensified, raising fears of possible supply disruptions. The market reaction reflects growing concern about one of the world’s most critical oil shipping routes. Traders are now pricing in higher geopolitical risk, which could keep crude prices volatile in the short term.
Oil and LNG Tankers Go Dark Again as Hormuz Crisis Deepens
Oil and LNG tankers are back to switching off transponders when transiting the Strait of Hormuz as the latest escalation in the region and last week’s Iranian attacks on commercial ships prompted vessel operators to brave the chokepoint unobserved.
Curious Minds Corner
What is the first oil well commonly cited as the first modern commercial well in the U.S.?
The Drake Well in Titusville, Pennsylvania.