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
JP Morgan Says Oil Demand in Early May ‘Indicates Tepid YoY Growth’
Global oil demand in early May indicates a tepid year over year growth, analysts at J.P. Morgan, including Natasha Kaneva, Head of Global Commodities Strategy at the company, said.
EIA forecasts lower oil prices, higher natural gas in 2025-26
Economic developments will continue to impact energy markets, according to the Energy Information Administration’s May Short-Term Energy Outlook.
Those developments are expected to lower crude prices, the outlook said. The EIA is forecasting West Texas Intermediate will average $60.85 in the second quarter.
Curious Minds Corner
How ancient is the oil we pump today?
Most oil formed during the Mesozoic Era (66-252 million years ago), primarily from buried plankton and algae, not dinosaurs.