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
USA EIA Cuts West Texas Intermediate Oil Price Forecasts
The EIA now sees the WTI spot price averaging $63.88 per barrel in 2025 and $57.48 per barrel in 2026, according to the STEO. In its previous STEO, which was released last month, the EIA projected that the WTI spot price would come in at $70.68 per barrel this year and $64.97 per barrel next year.
Oil Prices Reverse Gains as Traders Take a Break
Crude oil prices moved lower earlier today while traders took a step back to assess the situation and how deeply Trump’s tariffs would affect economic growth prospects and the global oil demand outlook.
Curious Minds Corner
Where did the modern oil industry truly begin?
With the first commercially successful oil well drilled by Edwin Drake in Titusville, Pennsylvania, USA, in 1859.