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Breaking News:

Oil Prices Rise On Surprise Crude Draw

Julianne Geiger

Oilprice.com

Contributor since: 12 Jan 2016

Julianne Geiger

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group.

Latest articles from Julianne

  • The Fight For Venezuela’s Oil Is Heating Up

    Published 28 January 2020 | viewed 5,619 times

    As Venezuela continues its ungraceful careen off the cliff, few opportunities are left for the Latin American country to save itself from disaster. One such…

  • Oil Prices Rise On Surprise Crude Draw

    Published 28 January 2020 | viewed 22,714 times

    The American Petroleum Institute (API) estimated on Tuesday a surprise large crude oil inventory draw of 4.27 million barrels for the week ending January 24,…

  • 2019’s Rocky Oil Prices Made The World’s Biggest Traders Billions

    Published 27 January 2020 | viewed 12,246 times

    2019 may have been fraught with volatile oil prices, but the world’s largest oil traders made a killing last year, Bloomberg reported on Monday. “By…

  • US Oil Rig Count Inches Higher As Production Hits 13 Million Bpd

    Published 24 January 2020 | viewed 24,788 times

    After a brutal week for oil prices courtesy of an outbreak of a deadly virus in China, Baker Hughes reported that the number of oil…

  • Why The Coronavirus Is A Real Threat To Oil Markets

    Published 23 January 2020 | viewed 38,717 times

    It impairs your breathing, causes extreme fatigue and fevers. It kills. And beyond that, it’s keeping oil prices low by threatening to stifle oil demand…

  • Guyana On The Hunt For Oil Firm To Trade Its Oil

    Published 23 January 2020 | viewed 16,837 times

    Guyana’s government is on the lookout for an oil company or oil trading firm to sell and market its brand new crude oil, according to…

  • The 1.2 Million Bpd Outage That Oil Markets Are Completely Ignoring

    Published 22 January 2020 | viewed 20,104 times

    General Khalifa Haftar has shut off more than half of Libya’s oil exports, and the National Oil Company (NOC) has declared force majeure, taking a…

  • Oil Falls Further On Rising Crude, Product Inventories

    Published 22 January 2020 | viewed 43,146 times

    The American Petroleum Institute (API) estimated on Wednesday a surprise crude oil inventory build of 1.57 million barrels for the week ending January 17, compared…

  • EIA Sees Shale Production Rise By Another 22,000 bpd Next Month

    Published 21 January 2020 | viewed 10,679 times

    Oil production in the seven most prolific shale plays in the United States is set to increase by 22,000 bpd in February to 9.2 million…

  • Expect A Strong Year For Oil Discoveries

    Published 21 January 2020 | viewed 13,534 times

    Discovery isn’t dead. It’s just moved into trickier geological territory, but that’s not stopping the impressive advance.  Despite growing anti-oil sentiment, oil and gas companies…

  • Libya’s NOC Confirms It Virtually Lost All Of Its Oil Production

    Published 21 January 2020 | viewed 40,625 times

    Libya’s National Oil Company has confirmed that is has lost virtually all of its oil production, at 1.2 million barrels per day of oil production,…

  • Alberta’s Oil And Gas Company Tax Debt Balloons To Double The Size

    Published 20 January 2020 | viewed 13,827 times

    Tough times are continuing for Alberta’s oil and gas country, with the amount of unpaid property taxes that oil and gas companies owe to Alberta…

  • Guyana Officially Becomes Oil Exporter

    Published 20 January 2020 | viewed 64,115 times

    The world’s newest oil frontier, Guyana, has officially shipped its very first batch of crude oil on Monday, according to TankerTrackers.com—a major oil-first for the…

  • Oil Rig Count Rises For The First Time In 4 Weeks

    Published 17 January 2020 | viewed 21,480 times

    Oil bulls will get no help this week before the week’s end, with Baker Hughes reporting that the number of oil and gas rigs in…

  • Two Reasons Why Oil Prices Rose Today

    Published 16 January 2020 | viewed 27,001 times

    Oil prices were trading up over 1% on Thursday afternoon, the latest development in the current oil market that can’t decide whether oil prices should…

  • Canadian Crude Prices Sink On Cold Snap

    Published 15 January 2020 | viewed 18,737 times

    The price of Western Canadian Select oil is falling thanks to a brutal cold snap in Western Canada, where temperatures less than 20 below are…

  • Oil Prices Head Lower Following Inventory Builds

    Published 14 January 2020 | viewed 32,061 times

    The American Petroleum Institute (API) has estimated surprise crude oil inventory build of 1.1 million barrels for the week ending January 10, compared to analyst…

  • Tesla Shoots Past $500-Mark

    Published 13 January 2020 | viewed 6,658 times

    Tesla (NASDAQ: TSLA) stock shot up over 8% to over $500 on Monday, reaching $516.83 (+$38.67) by 2:30pm EST as bullish sentiment for the electric…

  • Mexico’s Oil Future Is In Jeopardy

    Published 11 January 2020 | viewed 39,298 times

    Mexico’s future is in large part dictated by the future of its oil and gas industry, and the rolling back of landmark energy reforms has…

  • Rig Count Slides At The Start Of The Year

    Published 10 January 2020 | viewed 21,172 times

    2020 is starting off with two weeks of rig losses, according to Baker Hughes, with the US oil and gas rig count falling by 15…

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