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
US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 765,000 barrels in the week ending June 19. In the week prior, US crude oil inventories fell by 8.33 million barrels.
VLCC Earnings Near $470,000 a Day as Hormuz Hopes Drive Tanker Frenzy
Oil tanker rates have soared since the U.S. and Iran announced the memorandum of understanding as oil importers scramble to charter vessels to pick up Persian Gulf cargoes in the hope these can transit the tentatively reopening Strait of Hormuz.
Curious Minds Corner
What’s the one known carcinogen in gasoline made of just carbon and one other element?
Benzene (C6H6), a ring-shaped hydrocarbon that makes up 1-2% of gasoline and poses cancer risks.