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
$125 Oil Could Tip Global Economy Into Recession
Elevated oil prices for a sustained period of time would tip the global economy into a recession, Moody’s Analytics’ head of international economics, Gaurav Ganguly, told CNBC, pegging the game-changing price at $125 per barrel of Brent crude.
US exports record oil, but gas prices still rise
The US exported 5.2 million barrels of crude oil per day in April, according to the commodities data firm Kpler—a new record, and a 30% increase from the month before the Iran war began. But as prices at US gas stations continue to rise, Americans are making like Mr. Incredible and wondering if someone changed math.
Curious Minds Corner
In what year did crude oil prices hit their all-time peak over the past century?
2008, when Brent crude topped $147 per barrel amid supply fears and demand surges.