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 May 28, 2026

NYMEX Light Sweet Crude
-0.15
$88.53
ICE Brent -0.84
$93.45
RBOB Gasoline NY Harbor
+0.0389 $3.1059
Heating Oil NY Harbor
+0.0274 $3.5563
NYMEX Natural Gas
+0.208
$3.303

Graphs: Oil & Gas Spot and Futures price
 
Links to Oil, Gas, Energy Prices, News & Issues:
U.S. shoots down Iranian attack drones around the Strait of Hormuz
U.K. Mine Countermeasures Mothership Leaves Gibraltar for Potential Strait of Hormuz Mission
EU says more ships needed to secure Strait of Hormuz
76% of Americans want stronger utility oversight
Beyond the quota: OPEC and the quest for balancing the oil market
Crude Closes Down for Third Day
Saudi oil export income jumped to 3.5-year high in March as prices soared
Oil plunges as Trump says US is in 'final stages' on deal with Iran, tankers cross through Hormuz Strait
South Korean, Chinese Supertankers Attempt Strait of Hormuz Exit
Oil Touches Two-Week High After Drone Attack on UAE Nuclear Power Plant
Crude Oil Prices Surge as Global Supplies Continue to Tighten
The Battle for Hormuz Risks Sparking the Next Iran Clash: Bousso
Canada’s energy basins: A different kind of resource story
IEA Warns Hormuz Crisis Could Trigger First Global Oil Demand Contraction Since Pandemic
Crude Oil Prices Surge on Concern Over Prolonged Closure of Hormuz
UK Leads 40-Nation Defensive Mission to Secure Strait of Hormuz
IPAA backs Trump administration rollback of BLM public lands rule
In first official confirmation, US envoys say Israel sent Iron Dome to UAE
Three Oil Tankers Carrying 6 Million Barrels Exit Strait Of Hormuz With Trackers Switched Off
US, Iran Far Apart in Talks to End War and Reopen Hormuz
Second Qatari LNG tanker Heads Through Hormuz to Pakistan as Iran War Continues
Crude Settles Higher on Gulf Clashes
Crude Oil Prices Edge Higher on Heightened Middle East Tensions
Trump’s Iran Strategy Collides with Hormuz Reality
Oil Slides After Pakistani Source Says US and Iran are Close to Framework Peace Deal
QatarEnergy extends force majeure on LNG supply ‘to mid-June’

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 2026 by James L. Williams
 
James L. Williams
WTRG Economics 
London, Arkansas 72847
Phone: (479) 223-3614
 
To contact us or if you have comments or suggestions,
email WTRG at wtrg@wtrg.com