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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.
Chevron Corporation $CVX Shares Sold by Texas Permanent School Fund Corp
Texas Permanent School Fund Corp lessened its stake in Chevron Corporation (NYSE:CVX – Free Report) by 37.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission.
Oil prices stable as Venezuelan supply disruptions balance surplus concerns
Oil prices held steady on Monday as investors balanced supply disruptions linked to escalating U.S.-Venezuelan tensions with oversupply concerns and the impact of a potential Russia-Ukraine peace deal. Brent crude futures were down 20 cents, to $60.92 a barrel, and U.S. West Texas Intermediate crude was at $57.23 a barrel, down 21 cents.
Curious Minds Corner
What’s the difference between conventional and unconventional natural gas?
Conventional gas comes from porous, permeable reservoirs; unconventional gas is trapped in low-permeability rock (tight sandstones, shale, coal seams), often requiring special techniques like fracking.