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
Texas oil firms increase production amidst elevated prices during U.S.-Iran War
Texas oil firms increased their production during the second quarter of this year, even as prices remained in flux, according to the latest survey from the Federal Reserve Bank of Dallas.
U.S. oil tops $80 after Trump bombs Iran for third day, Tehran attacks tankers in Hormuz
Oil prices rose on Tuesday after the U.S. bombed Iran for the third consecutive day and the Islamic Revolutionary Guard Corps attacked at least two tankers transiting the Strait of Hormuz. U.S. West Texas Intermediate futures rose 3% to $80.55 per barrel. ET. Brent futures, the international benchmark, jumped 4.3% to $86.85.
Curious Minds Corner
What is the first oil well commonly cited as the first modern commercial well in the U.S.?
The Drake Well in Titusville, Pennsylvania.