Price Watch

A daily bulletin about oil and gas

Oil prices July 30th
Gas prices July 30th

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.
 

USA Gasoline Shows Rising Price Trend

According to this update, the fuel rose from an average of $3.855 per gallon on July 13, to $4.001 per gallon on July 20, and $4.096 per gallon on July 27. The July 27 price was $0.612 higher than the price two years ago and $0.973 higher than the year ago price, the fuel update outlined.

US Crude Stockpiles Drop Sharply, Lowest Since 2018 

The Energy Information Administration reported that US commercial crude oil inventories fell by 7.2 million barrels last week, a decline that significantly surpassed analyst projections, driven by higher refinery throughput and stronger export activity. 

Curious Minds Corner

What is a “field” in oil and gas terminology?

A geographic area containing one or more reservoirs of hydrocarbons.

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