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
Chevron, Exxon plan to keep boosting oil production, even as crude gets cheaper. What gives?
Chevron Corp. and Exxon Mobil Corp. plan to boost their oil and gas production over the next five years, even as falling oil prices may leave investors scratching their heads at the companies’ moves.
Oil falls after loadings resume at key Russian export hub
Oil prices fell in early Asian trade on Monday, erasing last week’s gains, as loadings resumed at the key Russian export hub of Novorossiysk after a two-day suspension at the Black Sea port that had been hit by a Ukrainian attack. Brent crude futures dropped 58 cents to $63.81 a barrel. U.S. West Texas Intermediate (WTI) crude futures were trading at $59.50 a barrel.
Curious Minds Corner
What percentage of U.S. wells in 2023 were stripper wells?
About 77% of the 920,000 oil and gas wells in the U.S.