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 Surge Above $111 as Houthis Strike Saudi Targets
At the time of writing, Brent crude was trading at $111.10 per barrel, with West Texas Intermediate at $98.98 per barrel, both up by more around 2% from Wednesday, after the Yemeni Houthis struck an oil field in Saudi Arabia and another international airport.
Texas Oil and Gas Exploration Jobs Are Seeing a Decline Amid Soaring Demand
Once an industry with over 300,000 jobs back in September of 2014 now has under 200,000 jobs. Oil and Gas Economist, Karr Ingham, says in 2026 we’ve lost over 3000 jobs in the upstream oil industry, and this didn’t begin this year with the War in Iran. “That’s actually the continuation of a trend that dates back to September of 2024, so this is a 2-year trend in the making now.” He explained.
Curious Minds Corner
What is a petroleum source rock?
An organic-rich rock capable of generating hydrocarbons when exposed to sufficient heat and pressure.