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
Goldman Sachs Sees Diesel Refining Margins Soaring to $63 a Barrel
Refiners are set to reap stronger profits on the global diesel shortage, Goldman Sachs has said, revising its earlier profit forecast to double the total profits that refining companies would make from the squeeze.
Trump Announces ‘Biggest Oil Deal in World History’
In a market analysis sent to Rigzone on Monday, which commented on the U.S.-Venezuela deal, Naeem Aslam, CIO at Zaye Capital Markets, noted that, “if Venezuelan production rises materially and more crude becomes available to the U.S. market, that could increase supply and reduce some of the pressure currently supporting oil prices”.
Curious Minds Corner
What is the main use of hydraulic fracturing in oil and gas?
To improve flow of hydrocarbons from low-permeability formations.