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 falls after Trump election as US president sends dollar higher
Oil prices fell more than 1% on Wednesday after Republican Donald Trump was elected president, pushing the dollar higher. Brent crude oil futures were down $1.00, or 1.32%, at $74.53 per barrel by 1040 GMT, while U.S. West Texas Intermediate (WTI) crude fell 93 cents, or 1.29%, to $71.06 per barrel.
Hurricane Rafael Threatens U.S. Gulf of Mexico Oil Production
Tropical storm Rafael has strengthened to hurricane intensity in recent hours and is still set to continue its path toward the U.S. Gulf of Mexico, where oil and gas producers have shut-in production at platforms and evacuated personnel to shore.
Curious Minds Corner
Question of the week
What is the main use of petroleum?
Fuel for transportation (gasoline, diesel, jet fuel).