Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group.
The European Union tentatively agreed to set the price cap on Russian crude oil at $60 per barrel, an EU diplomat told Reuters on Thursday.…
The United States exported the most crude oil and refined oil products last week, bleeding commercial inventories to low levels, according to new data released…
Nigeria—a major petroleum products importer—expects to stop importing petroleum products starting in the third quarter of next year, Nigeria’s oil minister Timipre Sylva said on…
Crude oil inventories sagged by another 7.85 million barrels, American Petroleum Institute (API) data showed on Tuesday, after dropping 4.2 million barrels in the week prior.…
U.S. Energy Security Advisor Amos Hochstein said on Tuesday that the White House would look to refill the nation’s Strategic Petroleum Reserves when oil prices…
Crude oil prices jumped on Tuesday ahead of the next OPEC+ meeting as the group dispelled earlier rumors that it could agree to increase crude…
Drivers in the United States could be getting the gift of even lower gasoline prices this Christmas, according to GasBuddy’s head of petroleum analysis, Patrick…
The number of total active drilling rigs in the United States rose by 2 this week, according to new data from Baker Hughes published on…
Russian missiles landed in Ukraine on Wednesday, triggering a wave of electricity outages that cascaded into multiple nuclear power plant shutdowns. The missiles also triggered…
Crude oil inventories sagged by another 4.8 million barrels, American Petroleum Institute (API) data showed on Tuesday, after dropping 5.8 million barrels in the week…
The United States and its allies are hoping to establish the price level at which Russian crude oil will be capped, people familiar with the…
OPEC’s de facto leader Saudi Arabia and OPEC+’s other members are discussing an oil production increase, OPEC delegates said on Monday, according to the Wall…
European refiners now seem to have more crude oil than they need—with the early panic about Russia’s dwindling oil exports—and the world’s subsequent oil shortage—proving…
The European Union will have its regulations in order before the Russian crude oil price cap and ban goes into effect, the EU’s energy commission…
The number of total active drilling rigs in the United States rose by 3 this week, according to new data from Baker Hughes published on…
OPEC is “back in the driver’s seat” as the world’s most powerful swing producer, Hess Corp CEO John Hess said on Thursday at a Miami…
Oil prices plummeted on Thursday on a series of bearish market forces, led by thin liquidity and easing geopolitical tensions between Russia and the West…
The United States sanctioned 13 companies in multiple jurisdictions that participated in selling Iranian petroleum products to buyers in East Asia, the U.S. Department of…
The American Petroleum Institute (API) reported a large draw this week for crude oil of 5.835 million barrels—more than undoing last week’s build. U.S. crude…
China is adding coal plants to tackle energy security concerns, but this doesn’t mean it is backing away from its previously stated emissions curbs, Chinese…