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
Hormuz Shipping Slumps as U.S.-Iran Strikes Rattle Oil Markets
The latest tanker traffic numbers come on the heels of reports about Iran striking two tankers in Hormuz, in response to U.S. attacks launched over the weekend, which pushed oil prices higher, with Brent crude topping $96 per barrel earlier today and West Texas Intermediate trading at over $90 per barrel.
U.S. Energy Secretary Says Venezuela Could More Than Double Oil Production
Venezuela’s crude oil production rate could double in the next few years thanks to new deals set to be signed with U.S. and other foreign energy companies, U.S. Energy Secretary Chris Wright has said.
Curious Minds Corner
What is the main use of hydraulic fracturing in oil and gas?
To improve flow of hydrocarbons from low-permeability formations.