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
Global Crude Exports Fall in 2024 for First Time Since Covid
Weaker oil demand growth in key consuming regions and reshuffled trade routes resulted in 2024 in the first decline in the world’s crude oil exports since the 2020-2021 pandemic-influenced slump, Reuters reported on Tuesday, citing ship-tracking data.
Biden order expands Trump’s offshore drilling ban from 2020
An energy industry researcher says, despite both praise and criticism of President Joe Biden’s executive order banning offshore drilling in huge swaths off much of the nation’s coastline, the measure will likely have no near-term impact on oil and gas exploration.
Curious Minds Corner
What is the largest oil field in the world by proven reserves, and where is it located?
The Ghawar Field, located in Saudi Arabia. It is estimated to contain around 58 billion barrels of oil.