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
TotalEnergies Rejects Venture Global as LNG Supplier
TotalEnergies declined long-term LNG contracts with Venture Global due to trust issues. Venture Global prioritized selling LNG on the spot market over fulfilling contracts, leading to disputes and legal action from companies like Shell and BP.
Oil down as US crude inventories swell, traders worry about China-US trade
Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, while worries about a new China-U.S. trade war fueled fears of softer economic growth.
Curious Minds Corner
Which oil company was the first to drill an offshore oil well?
The first offshore oil well was drilled by the Superior Oil Company in 1938 off the coast of Louisiana, USA.