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
In a market analysis sent to Rigzone on Thursday, Mariia Menahem, CEO of Clarity Global Inc, highlighted that Brent crude was trading around $95.20 per barrel and WTI was trading near $90.77 today, after Brent settled at $95.63 and WTI at $91.01 on Wednesday.
Chevron Announces JV Plans to Invest $7B in Venezuela
In a statement posted on its website on Wednesday, Chevron Corporation announced that its joint ventures in Venezuela plan to invest more than $7 billion over the next five years, “more than doubling production to approximately 600,000 barrels a day”.
Curious Minds Corner
What is the main use of hydraulic fracturing in oil and gas?
To improve flow of hydrocarbons from low-permeability formations.