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 and gas production statistics for March 2025
Statewide and county crude oil and natural gas production for March 2025 reported in the tables below came from 157,192 oil wells and 83,898 gas wells, a press release detailed.
Oil Prices Extend Gains on Supply Worry
Crude oil prices extended their climb that began Monday as concerns about supply security deepened.
At the time of writing, Brent crude was trading at $64.85 per barrel and West Texas Intermediate was changing hands for $62.82 per barrel, after rising by about 3% on Monday, per Reuters.
Curious Minds Corner
Why is oil measured in “barrels,” and how much is that?
The 42-gallon barrel became standard in the early Pennsylvania oil fields for transport; it’s still the industry unit today.