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 June 2, 2025

NYMEX Light Sweet Crude
+1.73
$62.52
ICE Brent +1.85
$64.63
RBOB Gasoline NY Harbor
+0.0374
$2.0525
Heating Oil NY Harbor
+0.0391
$2.0445
NYMEX Natural Gas
+0.247
$3.694
 
Links to Oil, Gas, Energy Prices, News & Issues:
Oil Slips Despite Easing Trade Tensions
Russia Deploys Warships To Escort Shadow Fleet Tankers In Gulf Of Finland
Trump Seeks to Fast-Track New Nuclear Licenses, Overhaul Regulatory Agency
Oil and Gas to Remain Cornerstone of MENA Economies Despite Green Push
Crude Appears to be Consolidating as Markets Await OPEC+ Meeting
Saudi Arabia, Kuwait Announce Significant Oil Discovery in Partitioned Zone
Iran and US conclude fifth round of nuclear negotiations in Rome with ‘some progress’ reported
US pipeline firms wrestle buy/build conundrum as Trump pushes energy expansion
US Natgas Prices Climb 2% on Lower Output, Hot Summer Forecasts
OPEC+ Discusses Another Super-Sized Output Hike for July
Trump to sign orders to boost nuclear power as soon as Friday, sources say
EIA reports unexpected rise in crude oil inventories, market reacts
US Says There Are Significant Undiscovered Oil and Gas Resources in Wyoming
Oil Ends Higher After Volatile Day
Iran says nuclear talks will fail if US pushes for zero enrichment
Trump Administration to Audit Billions in Energy Grants Awarded Under Biden
Oil Rises as Iran Talks Stall
Saudi Aramco signs preliminary agreements worth up to $90 billion with US companies
Trump wraps up Gulf tour with AI and energy deals in UAE
Middle Swath of North America at Risk of Power Shortfalls This Summer, Regulator Says
Upside pressure mounts on US gas prices
Saudi Oil Price War Looks Like Unspoken Gift to Trump
Oil Slips as Trump Eyes Iran Deal
Iran and the United States continue to disagree on the US demand for zero uranium enrichment
Why Is the Oil Price Dropping Today?
Despite surging power demand, gas-fired power faces manufacturing constraints that could limit near-term growth
Inside Trump’s Surprise Red Sea Ceasefire Deal with the Houthis

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
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