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 Drop as the G7 Considers Releasing Up to 400 Million Barrels
The finance ministers of the G7 will discuss the possibility of releasing oil from storage in response to the price rally resulting from the war in the Middle East, media, including the Financial Times and the Australian Financial Review, have reported, citing unnamed sources.
Gas prices on the rise in North Texas as U.S./Iran conflict continues
According to AAA, the average price for a gallon of gas on Friday was $2.98. That’s up 11 cents compared to a day ago, and 38 cents compared to last Friday. The price of gas has risen as the U.S. war in Iran began last weekend. The conflict has caused disruptions to oil tankers traveling through the Strait of Hormuz.
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.