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
Gulf Oil Exports Rebound Despite Iran War
Oil volumes moving out of the Persian Gulf have recovered to about two-thirds of the typical levels from before the Iran war, Goldman Sachs says, noting that the jump in exports could cap oil prices even if the Middle East conflict drags on further.
Venezuela Helped Build OPEC. Now It May Help Break It Apart
Venezuela produced about 1.117 million barrels per day (bpd) in July according to OPEC’s secondary sources, and is currently exempt from OPEC production quotas after years of sanctions, underinvestment and economic turmoil gutted output.
Curious Minds Corner
What is the main purpose of a Christmas tree on a wellhead?
To control the flow of fluids from the well.