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
Oil Prices Climb as U.S.-Iran Flare-Up Shakes Market Complacency
Oil prices were climbing early on Monday morning after a fresh escalation between the U.S. and Iran over the weekend. The price rise was relatively delayed, as markets continue to price in a potential peace deal while discounting more bullish geopolitical catalysts. At the time of writing, Brent Crude prices were up by 1.18% at $72.84 per barrel, while the U.S. benchmark, WTI Crude, was at $70.43.
U.S. Pipeline Giant Eyes $5.5 Billion Deal to Expand LNG Reach
U.S. natural gas pipeline giant Williams could be close to one of its biggest acquisitions ever as it is in late-stage talks to acquire gas pipeline operator Momentum Midstream in a deal estimated to be worth about $5.5 billion, sources with knowledge of the development have told Bloomberg.
Curious Minds Corner
What is a reservoir rock?
A porous and permeable rock that stores and transmits hydrocarbons.