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 March 20, 2026

NYMEX Light Sweet Crude
+2.68
$98.23
ICE Brent +3.54
$112.19
RBOB Gasoline NY Harbor
+0.1591
$3.2862
Heating Oil NY Harbor
+0.2664 $4.6084
NYMEX Natural Gas
-0.071
$3.095

Graphs: Oil & Gas Spot and Futures price
 
Links to Oil, Gas, Energy Prices, News & Issues:
Oil Prices Dive. Trump Reveals ‘Productive’ Talks With Iran Ahead of Hormuz Deadline
Saudi Arabia turns to Yanbu pipeline route as Hormuz disruption threatens global oil flow
The Saudi oil pipeline the world didn’t know it needed
Oil Up Despite Efforts by US, Allies to Boost Supply and Open Strait of Hormuz
Crude Prices Surge on Reports the US is Preparing Troop Deployment in Iran
UK agrees to allow US to use British bases for strikes on Iranian sites targeting strait of Hormuz
Global energy leaders split on transition investments, peak oil expectations
Tanker Carrying Fuel Originally Bound for Cuba Diverts to Trinidad
Oil and gas prices jump after Iran and Israel attack gasfields
Trump Blames Israel for South Pars Attack, Warns Iran of Massive Retaliation
The final battle? War with Iran was inevitable, but it can’t end now
Standard Chartered Bank Energy Research Says No Clear Off-Ramps in Conflict, Ups Brent Forecast
Bunker-buster munitions target coastal threats to commercial shipping
Lured by Profits, Some Shipowners Brave Mines and Missiles to Sneak Oil Past Iran
Oil Prices Jump More Than 2% After Renewed Iranian Attacks on UAE
While markets watch war, China plays the long game
Shah gas field ablaze after Iranian drone strike as Gulf energy war widens
Energy Department Initiates Strategic Petroleum Reserve Emergency Exchange to Stabilize Global Oil Supply
Crude Futures Turn Positive on Continued Hormuz Closure
First New U.S. Oil Refinery in 50 Years Coming to Texas
Lured by Profits, Some Shipowners Brave Mines and Missiles to Sneak Oil Past Iran
Oil at the Edge: Can strategic reserves prevent the next energy shock?
US warns Iranians to flee ports along Strait of Hormuz Cargo ship hit by projectile in Strait of Hormuz

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