Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group.
Citigroup is advising traders to short oil and oil products after the summer is over, after which the current oil price rally will be over.…
India’s federal government has agreed to chip in $2.4B of a $7B scheme to roll out 10,000 electric buses across 100 large cities, India officials…
Crude oil inventories in the United States saw a large draw this week of 6.195 million barrels, the American Petroleum Institute (API) data showed on…
The average U.S. shale output per well may have doubled over the past decade, but those crazy growth days are now behind us, according to…
Russia’s Finance Ministry has set its oil export levy at $21.40 per ton starting in September—the highest level this year—as the state tries to lift…
Argentina’s shale oil and gas industry won’t be rocked by the upcoming elections, according to executives from some of the country’s top oil and gas…
Profitability among Europe’s hydroskimming refineries is now the highest on record, with the exception of the time immediately following Russia’s invasion of Ukraine. But even…
The total number of active drilling rigs in the United States fell by 5 again this week, according to new data from Baker Hughes published…
An Ontario-based utility company is getting out of the renewables business after it lost more than $250 million in Q2, the company said this week.…
Venezuela’s Citgo Petroleum Corp saw its net profit fall to $380 million in the second quarter of this year, the company reported on Thursday. Citgo’s…
The United States has agreed to give Iran access to $6 billion in currently frozen Iranian oil revenue currently held in South Korea, media reported…
Drivers are putting a record number of miles on U.S. roads, according to US Department of Transportation data—but they’re using less fuel to do it.…
Crude oil inventories in the United States unexpectedly rose unexpectedly this week by 4.067 million barrels, the American Petroleum Institute (API) data showed on Tuesday—just…
The Energy Information Administration raised its outlook for Brent crude oil spot prices for this year and next, according to the agency’s Short Term Energy…
Inventories of crude oil will reach an 8-year low by the end of this year, Eric Nuttal, partner and Senior Portfolio Manager at Ninepoint Partners,…
Saudi Arabia’s cabinet, or Council of Ministers, showed its support for what it considers to be precautionary measures taken by OPEC+ to stabilize the oil…
Saudi Aramco raised the official selling price (OSP) for its Arab Light crude oil grade to Asia by $0.30 per barrel for the month of…
Russia is expecting extra oil and gas revenues to reach 1 trillion rubles, or $11 billion, in the last five months of the year despite…
A third survey has come in showing that OPEC’s production dipped even more than earlier estimates, according to Argus, which showed that production fell in…
The total number of active drilling rigs in the United States fell by 5 again this week, according to new data from Baker Hughes published…