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
Your go-to source for the latest updates and insights in the energy sector.
Oil rises after Iran and US trade airstrikes
Oil prices jumped more than 2% on Thursday after Iran’s Revolutionary Guards said they had targeted a U.S. airbase in response to an earlier U.S. attack in the port city of Bandar Abbas. Brent crude futures were up $2.85, to $97.14 a barrel, while the more active August contract gained $2.81 or around 3.1%, to $95.06. The July contract is set to expire on Friday.
ExxonMobil shareholders approve move of legal home to Texas
ExxonMobil shareholders voted Wednesday to move the company’s legal domicile from New Jersey to Texas, ending a 144-year corporate tie to the Garden State.
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.