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
Brent Breaks $100 for the First Time in Nearly Two Months
As of early morning trade in Europe on Wednesday, the international benchmark, Brent Crude, jumped by 2.25% to top $100 per barrel. At $100.12, this was the highest level Brent has reached since July 24, when the first of several re-escalations in the Middle East hiked oil prices. The U.S. benchmark, WTI Crude, was also rallying, rising by 1.80% to $94.67 and headed to the $95 per barrel mark.
USA Oil, Gas Workforce Figures Buck Trend
The number of employees in the oil and gas extraction industry rose month on month, bucking a trend, data on the U.S. Bureau of Labor Statistics (BLS) website showed.
Curious Minds Corner
What is the primary purpose of a blowout preventer?
To control and seal a well in case of an uncontrolled pressure surge.