WTRG Economics Rig Count
                      and Energy Forecasts

Analysis, planning, forecast and data services for energy producers and consumers.
Rig Count News August 11, 2023  U.S. rigs were down 5 for the week. Rigs targeting oil were unchanged, gas rigs down 5 and unclassified rigs were unchanged. Canadian rig count was up 2.
When Oil Futures Price Went Negative Excerpts from our Energy Economist newsletter looking at the first time in history that oil futures closed with a negative price: "I'll pay you $40 per barrel if you take my crude    April 21, 2020."
Subscribe to WTRG's Energy Economist Newsletter   In depth analysis, information and forecasts. In addition to OPEC and crude oil prices, gasoline and natural gas prices, topics include regional, national and international exploration, production and consumption. Details and subscription information.
Energy Blog:
Coal, CO2 and Limitations of Energy Policy

Oil Price History and Analysis   1869   2011. This history of oil prices has 152 years of oil prices and the economic and political events that shaped the price: wars, economy, domestic policy, embargoes, OPEC and price controls.
Measures of Petroleum Dependence and Vulnerability in OECD Countries Examines energy security, petroleum dependence, and petroleum vulnerability of the major consuming countries.  Originally published in Middle East Economic Survey
The Coming Energy Crisis? Parallels with earlier energy crises underscore US vulnerability to oil supply shocks today. This summary of our research appeared in the Oil and Gas Journal the first in a series on Global Energy Security. 

Venezuela Once again a nation in crisis, possibly facing civil war with dire implications for oil prices.
OPEC Issues and Analysis: Articles written over several years analyzing the decisions faced by the Organization of Petroleum Exporting Countries.
National Energy Policy   The report to the President.
Links to oil, gas and general energy news and information
About WTRG Economics.Our products and services
Projects A brief list of some of the projects done by WTRG and its associates.
Crude Oil, Gasoline and Natural Gas Futures Prices

NYMEX Prices for January 3, 2025

NYMEX Light Sweet Crude
+0.83
$7396
ICE Brent +0.58
$76.51
RBOB Gasoline NY Harbor
+0.0018
$2.0537
Heating Oil NY Harbor
-0.0062
$2.3478
NYMEX Natural Gas
-0.306
$3.354
 
Links to Oil, Gas, Energy Prices, News & Issues:
Ample Supply, Slow Demand to Temper Oil Price Gains in 2025
Crude moves higher thin holiday trade
FERC Rejects Effort to Regulate Williams’ Gathering Line
Oil settles up over 1% on large draw from US crude stocks
Why Trump's plan to 'drill, baby, drill' is unlikely to cut gas prices and fix inflation
Microsoft Deal Signals Booming Demand From Data centers to Power AI – The Deals of 2024
Improved efficiency is enabling record U.S. crude oil production from fewer rigs
Iran’s Revolutionary Guards Control Half of Iran’s Oil Exports
MAKE THE GRID GREAT AGAIN – Can the U.S. Power Industry Meet AI’s Steep Energy Demands?
Oil backs off two-week high on Chinese demand concerns
Oil Dips on Demand Concerns, Focus on Fed Meeting
Five ways Trump could dismantle Biden's climate agenda
Republicans demand to see science behind DOE ban on natural gas exports
Natural Gas, WTI Oil, Brent Oil – Oil Markets Rally As EU Plans Additional Sanctions On Russian Oil
OPEC Cuts and China Stimulus Anchor Crude in Volatile Market
WTI Crude Oil Technical Analysis
Events in Syria Could Impact Crude Oil Market
The Outlook for Warmer US Temps Undercuts Nat-Gas Prices
Oilfield Service Companies Add More Jobs in November, Trade Group Says
Oil Edges Higher as Traders Weigh Fallout From Syrian Upheaval
Oil Prices Rise as China Moves Toward Monetary Easing to Boost Growth
As Assad falls, Israeli jets destroy his deadly arsenals before they fall to rebels
As Assad’s power crumbles, Turkey, Iran and Russia disagree on way forward for Syria
OPEC+ extends production cuts by three months through March
Oilfield Service Consolidation to Increase Under Trump, Report Says
Energy Policy Needs to Hit the Ground Running for Trump’s Second Term
Shale Oil Is More Likely To Boom Than Peak
U.S. gas inventories start winter at highest for eight years
US Vote 2024: Trump 2.0 to reshape global LNG landscape, unlock long-term demand / Rystad
‘Drill, baby, drill’ is unlikely under Trump, Exxon says

Graphs Oil and Natural Gas Prices
Futures Prices Spot Prices
NYMEX Crude Oil Brent & WTI Cushing
Brent Crude Oil Brent / WTI Price Spread
RBOB Gasoline WTI Cushing, Oklahoma
Heating Oil Brent Spot
NYMEX Natural Gas Gasoline   New York Harbor

Heating Oil   New York Harbor

Natural Gas Henry Hub Louisiana
 
If prices appear to be out of date refresh or reload your browser.  Try the F5 key.



0690
Copyright © 1996 2025 by James L. Williams
 
James L. Williams
WTRG Economics 
P.O. Box 250
London, Arkansas 72847
Phone: (479) 293 4081
 
To contact us or if you have comments or suggestions,
email WTRG at wtrg@wtrg.com