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
American Strait of Hormuz Blockade Takes Effect Monday; Oil Prices Jump
Oil, gas and gasoline markets appeared slightly skeptical of the Trump administration’s planned move, with market prices leaping upward about eight-percent at the opening of international markets in Asia on Sunday night US time (Monday morning in Asia). WTI crude oil was at the open at $104 a barrel. Brent crude was at about $102 a barrel.
Oil Tanker Confusion as Trump Announces Blockade
Tankers in the Persian Gulf have started moving away from the Strait of Hormuz in anticipation of a U.S. naval blockade announced by President Donald Trump on Sunday.
Curious Minds Corner
Why did early oil drillers measure crude in 42-gallon whiskey barrels, and does that standard still rule today?
Barrels were reused whiskey containers that held 42 gallons without leaking; yes, it’s the global standard for pricing oil today.