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
Oil falls over 2% on signs of progress in US-Iran talks, demand fears
Oil prices fell more than 2% on Monday on signs of progress in talks between the U.S. and Iran, while investors remained concerned about economic headwinds from tariffs that could curb demand for fuel.
Evolution Petroleum Closes $9MM Acquisition of Texas, Louisiana Assets
Evolution Petroleum Corporation said it completed its acquisition of non-operated oil and natural gas assets located in New Mexico, Texas, and Louisiana. The total purchase price for the acquisition is $9.0 million before customary post-closing adjustments, with an effective date of February 1, 2025, the company said in a news release.
Curious Minds Corner
Before gasoline cars dominated, what was the main product refined from petroleum?
Kerosene was the most valuable product, primarily used for lighting in lamps, replacing whale oil.