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 Set for Weekly Gains on Election Results
Crude oil prices were on course to end the week with a gain despite a retreat earlier today, following the outcome of the U.S. presidential elections.According to Reuters, Brent crude could end the week with a gain of over 3%, while WTI could do even better, adding 4.1% over the week.
Oil firm blames windfall tax for North Sea pull-out
Apache will end North Sea operations by 2029 due to the increased windfall tax, which has made production uneconomic. The UK government aims to transition to cleaner energy, creating new jobs and establishing Great British Energy.
Curious Minds Corner
Question of the week
What is the main use of petroleum?
Fuel for transportation (gasoline, diesel, jet fuel).