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
Your go-to source for the latest updates and insights in the energy sector.
Curious Minds Corner
Hormuz Tanker Traffic Slows to a Trickle
Tanker traffic via the Strait of Hormuz slowed further over the weekend, maintaining upward pressure on oil prices. At the time of writing, Brent crude was trading at $88.62 per barrel, with West Texas Intermediate at $82.18 per barrel. Earlier in the session, Brent crude broke above $89 per barrel before falling back.
WhiteWater-led venture approves Permian-to-Texas gas pipeline project
Infrastructure company WhiteWater and its joint venture partners Devon Energy, MPLX, Diamondback Energy, and Western Midstream Partners said on Monday they had reached a final investment decision (FID) to build two natural gas pipelines from the Permian Basin to Katy, Texas.
Curious Minds Corner
What is the purpose of gas flaring?
To burn off excess natural gas, often for safety or operational reasons.