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.
Oil Prices Could Slip to $50 a Barrel by June
Oil prices are set to continue their downward trajectory and slid to as low as $50 per barrel Brent by the middle of this year, amid ample supply, according to analysts at India’s SBI Research.
Texas oil leaders weigh impact as U.S. moves to reopen Venezuela’s vast reserves
Venezuela only produces 8,000 barrels of crude oil a day but, that could all change as President Donald Trump has said the United States is now “in control of Venezuela”. The U.S. produces 13.6 million barrels of oil daily, with Texas being a leading contributor, producing 5.8 million barrels a day.
Curious Minds Corner
Why did ancient civilizations use crude oil and bitumen even
thousands of years ago?
Because small natural seepages (“seeps”) of oil and bitumen were accessible at surface — ancient peoples used them for waterproofing, medicine, and even warfare (e.g. incendiary bitumen).