Price Watch

A daily bulletin about oil and gas

Oil prices May 27th
Gas prices May 27th

The Futures

Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.

Futures prices about oil
Futures prices about gas

Horizon Energy Digest

Your go-to source for the latest updates and insights in the energy sector.
 

Federal oil lease sale in Texas and New Mexico shatters US record with $4 billion haul

A federal oil and gas lease sale covering land in Texas and New Mexico just set a U.S. record for an onshore federal auction. It brought in more than $4 billion.

Oil Prices Fall as Traders Bet on U.S.-Iran Deal

Oil prices dropped by around 4% early on Wednesday as hopes of a U.S.-Iran deal outweighed concerns about rapidly drawing inventories as the Strait of Hormuz remained closed on the back of fresh U.S.-Iran hostilities. 

Curious Minds Corner

How did Rudolf Diesel’s 1892 engine experiments accidentally birth diesel fuel?

He designed it to run on peanut oil, but refinements later optimized it for heavier petroleum distillates.

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