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 Set For Another Weekly Gain
Crude oil prices were set for a weekly gain despite a slide earlier today, mostly on renewed optimism about U.S.-Chinese trade negotiations but also on supply uncertainty in Venezuela in Iran. At the time of writing, Brent crude was trading at $65.15 per barrel, with West Texas Intermediate at $63.18 per barrel.
Abbott signs bills to boost Texas oil and fight Permian Basin theft
Governor Greg Abbott on Thursday signed into law a suite of bills aimed at strengthening the state’s oil and gas industry and driving long-term economic development in the Permian Basin.
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.