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 Prices Are Set for Another Monthly Dip
Crude oil prices extended their latest decline today, looking set for a monthly drop that, according to Reuters, will be the deepest in three years.
At the time of writing, Brent crude was trading at $63.46 per barrel, with West Texas Intermediate at $59.68 per barrel.
June Natural Gas Contract ‘Jumps Into Front Month Role’
The June natural gas contract is now the front-month contract on the NYMEX, closing at $3.343 per MMBtu, up 22.9 cents. Analysts suggest prices could rise to $3.50 per MMBtu despite weak short-term fundamentals.
Curious Minds Corner
Besides fuel, what surprising everyday item is made with petroleum?
Chewing gum often contains food-grade petroleum waxes or polymers derived from oil.