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
Cold Snap Hits U.S. Oil and Gas Production
The cold spell that swept across the United States this weekend has caused a drop in oil production of up to 2 million barrels daily, Reuters reported, citing analysts and traders. According to estimates by Energy Aspects, the Permian alone saw production outages of around 1.5 million barrels daily.
U.S. Natural Gas Prices Retreat After Rallying 117%
U.S. natural gas prices dipped today amid profit-taking by traders, after soaring by over 117% in the five days to Monday, Bloomberg has reported, noting the benchmark jumped by 30% on Monday alone.
Curious Minds Corner
Why does crude oil come in so many colors?
Crude oil can appear black, brown, green, or even yellow depending on its sulfur content, metal traces, and how much it has degraded underground.