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 April 20, 2026

NYMEX Light Sweet Crude
+4.83
$87.42
ICE Brent +5.10
$95.48
RBOB Gasoline NY Harbor
+0.1120
$3.1168
Heating Oil NY Harbor
+0.1435 $3.5409
NYMEX Natural Gas
+0.015
$2.689

Graphs: Oil & Gas Spot and Futures price
 
Links to Oil, Gas, Energy Prices, News & Issues:
Crude Oil Prices Plunge on Opening of the Strait of Hormuz
Peak Oil Price Likely to Come ‘in Next Few Weeks,’ US Energy Secretary Says
How the Iran war could trigger a European energy crisis
Iran Threatens Gulf Ports as Trump Vows Hormuz Blockade
NATO Allies Refuse to Join U.S. Hormuz Blockade, Deepening Rift With Trump
OPEC lowers second-quarter global oil demand forecast on Iran war
Ceasefire in the Middle East How quickly could Gulf oil and gas supply recover?
Trump Announces 50% Tariffs on Nations Supplying Iran With Weapons
The global supply reset: Where the next barrels are coming from
Trump suspends Iran attack for two weeks, subject to Hormuz Strait opening
Trump deadline for Iran ticks closer as Islamic republic rejects temporary ceasefire
12 million barrels of crude! India ramps up Venezuela oil imports to 6-year high amid US-Iran war, Hormuz crisis
Some countries are capping gas prices. Here's why the U.S. is unlikely to
OPEC+ Decides to Boost Production in May
US crude premiums climb to record levels as Asia, Europe compete for supply
Oil Surges on Fears of Prolonged War
Iran hits fully loaded Kuwaiti oil tanker at Dubai port; blaze erupts onboard
Red Sea Lessons Haunt Western Effort to Reopen Strait of Hormuz
Iran navy commander threatens to strike USS Abraham Lincoln
Oil Jumps as War Risks Intensify
Then vs. Now: What the 1974 oil shock teaches us about today’s energy economy
UAE Port Ramps Up Hormuz-Dodging Oil Flows
Saudi prince privately urges Trump to continue bombardment of Iran
Saudi and UAE shift from defense to active measures
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

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