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 Head for Weekly Gain Despite U.S. Waiver on Stranded Russian Crude
Brent and WTI crude are on track for a weekly gain despite a brief dip after the U.S. announced a 30-day sanction waiver on stranded Russian tankers. With the IEA declaring the Middle East war the largest supply disruption in oil market history and unleashing a record 400-million-barrel emergency release, traders remain unconvinced — prices are holding above $100.
Trump is tapping emergency oil reserves from sites in Texas. Here’s what to know.
The Trump administration pledged 172 million barrels of oil from the Strategic Petroleum Reserve Wednesday, marking its largest-ever release as world leaders struggle to relieve the Iran war’s impact on oil prices.
Curious Minds Corner
What is a flare in oil refineries?
A flare is the tall pipe that burns off excess gas, often visible as a flame signaling refinery operations.