Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group.
The number of total active drilling rigs in the United States rose by 9 this week, according to new data from Baker Hughes published on…
The price of crude oil skyrocketed on Friday as the market generally ignored the crude oil demand implications from worries about the technical recession. At…
The OPEC+ group will decide at the meeting next week whether they should keep production targets steady, or a small output hike, eight anonymous OPEC+…
As oil companies begin to report their impressive Q2 results on the back of high oil prices, they are also offering premonitions of even higher…
The G7 are pressing on with their price cap on Russian oil, targeting a date of December 5 for having a mechanism in place to…
The American Petroleum Institute (API) reported a large draw this week for crude oil of 4.037 million barrels, while analysts predicted a draw of 1.121…
Suriname’s future oil wealth has reared up to bite it as it tries to restructure $675 million in defaulted bonds, Suriname’s Ministry of Finance said…
The Biden Administration has announced that it is releasing the next Notice of Sale for crude oil from the nation’s Strategic Petroleum Reserve (SPR) for…
Crude oil prices fell on Tuesday as the International Monetary Fund warned that high inflation and the Russian-Ukraine war could send the global economy to…
Amid the gas turbine chapter of the Russia gas flow saga, Gazprom has halted yet another turbine at its main compressor station in the Nord…
Nigeria’s debt has exceeded its revenue in the first four months of the year despite high oil prices, Nigeria’s Budget Office has revealed on its…
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 President Vladimir Putin had a phone conversation with Saudi Arabia’s Crown Prince Mohammed bin Salman to discuss the oil market and OPEC+. The two…
The price of WTI continued to slide on Thursday after Wednesday’s EIA report showed a slackening of gasoline demand and fears linger that a recession…
Saudi Arabia has limited additional crude oil production capacity, Wall Street Journal sources revealed on Wednesday. The sources, who are said to be familiar with…
The U.S. Energy Information Administration showed that crude oil inventories decreased by 400,000 barrels over the week to July 15, versus the expected 748,000-barrel build compiled by…
The American Petroleum Institute (API) reported a build this week for crude oil of 1.860 million barrels, while analysts predicted a build of 333,000 barrels.…
Ahead of Russian President Vladimir Putin’s visit to Iran on Tuesday, his second foreign trip since he invaded Ukraine in February, Russian Gazprom and the…
Libya’s El Feel oilfield resumed production on Tuesday, according to Libya’s National Oil Corporation, after being shut in for nearly three months. The initial capacity…
Gasoline prices in the United States fell below $4.50 per gallon on Tuesday, according to AAA, down 52 cents from the highest recorded average price…