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 dives more than 6%, steepest fall in 3 years on tariffs, OPEC+ supply boost
Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise increase in output the day after U.S. President Donald Trump announced sweeping new import tariffs. U.S. West Texas Intermediate crude futures finished at $66.95 a barrel, down $4.76, or 6.64%.
Texas oil and gas industry continues to dominate job growth
The Texas oil and natural gas industry continues to add jobs, dominating job growth nationwide, according to the latest Texas Workforce Commission and Department of Labor data. The sector added 1,900 jobs in the upstream sector over the month in February, bringing the total upstream employment to 205,400 in Texas.
Curious Minds Corner
What is the purpose of “pipeline pigging”?
Pipeline pigging involves using devices called “pigs” to clean and inspect pipelines.