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 and gas drillers embrace electric rigs, but grid may not be ready, says Dallas Fed
Oil and gas drillers are increasingly adopting electric rigs to reduce emissions and operational costs. However, the Dallas Federal Reserve warns that the current electrical grid may not be adequately prepared to handle the increased demand from these electric rigs, potentially leading to infrastructure challenges
Saudi Arabia Scraps $100 Oil Price Target to Boost Market Share
Saudi Arabia has decided to abandon its $100 oil price target in favor of increasing its market share. This strategic shift aims to boost the country’s influence in the global oil market by prioritizing volume over price. The decision reflects Saudi Arabia’s adaptation to changing market dynamics and its commitment to maintaining a competitive edge.
Curious Minds Corner
Question of the week
Which country is the largest producer of crude oil in the world?
The first person to answer the week’s question wins a reward from LDV Consulting. Good Luck!