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
OPEC+ Considers Another Big Oil Production Hike in July
The OPEC+ alliance is discussing the idea to make another big production increase in oil production for July. OPEC+ has already announced two consecutive production increases for May and June, each of 411,000 barrels per day (bpd), triple the volume the group had previously planned.
Oil Falls as Inventories Climb
Oil dropped after a second consecutive weekly gain in US crude inventories overshadowed a CNN report that Israel is preparing for a potential strike on Iranian nuclear sites.
Curious Minds Corner
How much crude oil does the world use every single day?
Global consumption hovers around 100 million barrels daily.