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 Fall as Reports Say Hormuz Crude Flows Top Pre-War Levels
At the time of writing, Brent crude was trading at $101.20 per barrel, with West Texas Intermediate at $89.73 per barrel. Brent was actually up from Friday in absolute terms, and so was WTI, suggesting that some in the trading world, at least, were waiting for harder evidence of improving flows.
OPEC+ Holds November Quota at 31.01 Million Barrels Daily
OPEC+ agreed on Sunday to keep its oil production quota for next month unchanged from this one, in line with expectations, after it unwound its production cuts earlier this year in a bid to offset the deepening supply shortage from the Middle East.
Curious Minds Corner
What does SCADA stand for in oil and gas operations?
Supervisory Control and Data Acquisition.