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
Oil Prices Are Set for a Weekly Loss Despite the Recent Rebound
Crude oil prices are on course to end the week with a loss, weighed down by demand concerns and a hypothetical increase in supply. Prices started the day trending higher following the news that Iran may be planning its retaliation against Israel’s latest attack and that the retaliatory strike could take place over this weekend.
Chevron beats earnings expectations, returns more than $7 billion to shareholders
Chevron exceeded third-quarter earnings and revenue expectations, reporting $2.51 adjusted earnings per share and $50.67 billion in revenue. Despite a 31% decline in net income compared to the previous year, Chevron returned a record $7.7 billion to shareholders.
Curious Minds Corner
Question of the week
What is the name of the largest offshore oil field in the world?
Ghawar Field in Saudi Arabia.