Price Watch

A daily bulletin about oil and gas

Oil prices Jan 16th
Gas prices Jan 16th

The Futures

Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.

Futures prices about oil
Futures prices about gas

Horizon Energy Digest

Your go-to source for the latest updates and insights in the energy sector.
 

Texas oil and gas companies prepare for coldest January in over a decade, could affect production

In the first full week of January 2025, the Permian Basin experienced a preview of cold and icy conditions. This comes as oil and gas refineries are bracing for one of the coldest January’s in 11 years.

Colonial Pipeline’s main US gasoline artery likely shut until Friday

Line 1, one of two mainlines on the more than 5,500-mile Colonial system, was shut on Monday night after Colonial received reports of a gasoline release. The pipeline moves gasoline from Texas to North Carolina and was earlier expected to resume service on Tuesday night, according to market sources.

Curious Minds Corner

What is the deepest oil well ever drilled, and how deep is it?

The Z-44 Chayvo well in Russia is the deepest oil well, reaching a depth of 40,604 feet (12,376 meters)

Skip to content