Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group.
The American Petroleum Institute (API) reported a surprise draw this week for crude oil of 1.770 million barrels, while analysts predicted a build of 333,000 barrels. U.S. crude inventories have…
The U.S. shale industry won’t step in to fill the gap left by an OPEC+ crude oil production cut, energy executives told Reuters on Tuesday.…
Spare oil capacity throughout the world is very low, and significant investments in the oil industry are not on the immediate horizon—not even with higher…
OPEC+ may be considering an even larger cut than previously reported—at up to 2 million bpd, anonymous delegates told media on Tuesday. As OPEC+ prepares…
Oil prices shot up on Monday morning by more than 5%, with OPEC and non-OPEC meeting in person in Vienna this week, while one oil…
Diesel and petrol stations in France are running out of fuel, according to an industry union, as a refining strike takes its toll. Stations around…
OPEC raised its September crude oil production to the highest level since 2020, a Reuters survey found on Friday—yet failed to meet its September quota.…
The number of total active drilling rigs in the United States rose by 1 this week, according to new data from Baker Hughes published on…
The United States increased its crude oil production in July by an average of just 12,000 barrels per day, according to the latest monthly data…
The United States is planning to announce new sanctions on Iran’s oil sales as early as today, according to a tweet by Bloomberg TV’s Annmarie…
BP has restarted production at its offshore Na Kika and Thunder Horse oil platforms in the Gulf of Mexico after redeploying previously evacuated staff, BP…
The American Petroleum Institute (API) reported a build this week for crude oil of 4.150 million barrels, while analysts predicted a build of 333,000 barrels. According to API data,…
Norway will beef up its security at its oil and gas installations after three explosions rocked the Nordstream 1 & 2 pipelines, the country’s oil…
Goldman Sachs cut its oil price forecast on Tuesday on the deteriorating global economic outlook—although it remained bullish on oil. Goldman said it remained bullish,…
Russia is likely to propose at the next OPEC+ meeting that the group cut 1 million barrels per day from the group's collective output, Reuters…
Gasoline prices rose 3.2 cents from a week ago, according to new GasBuddy data published on Monday. The price hike is the first in 14…
Belgium announced on Friday that its Doel 3 nuclear reactor will disconnect from the grid and cease operations, even as the country fears blackouts this…
The United States is not currently considering a ban or restrictions on oil products exports, U.S. Energy Secretary Jennifer Granholm said on Friday. With WTI…
Even though the UK has brought online additional coal-fired power generation plants to survive the winter, it could still face energy shortages, according to a…
The number of total active drilling rigs in the United States rose by 1 this week, according to new data from Baker Hughes published on…