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Breaking News:

Oil Prices Dip Ahead Of OPEC+ Meeting

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

  • Tesla Stock Crashes Even As It Beat Earnings

    Published 20 July 2023 | viewed 8,197 times

    Share prices in Tesla sank nearly 10% on Thursday afternoon, even after the company reported earnings that beat market expectations. The reason for the crash?…

  • Massive Carbon Credit Project Comes To Screeching Halt

    Published 19 July 2023 | viewed 3,778 times

    A massive carbon credit project—the second-largest in the world—has come to a halt, with the project’s operators claiming that government policies are behind the stoppage.…

  • WTI Drops Despite Crude Inventory Draw

    Published 19 July 2023 | viewed 8,545 times

    Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory dip of 700,000 barrels for the week ending July 14, falling to…

  • The SPR Could Stay Half Empty Forever

    Published 18 July 2023 | viewed 20,151 times

    With the amount of crude oil in the U.S. Strategic Petroleum Reserve now at multi-decade lows, the prospect of replenishing the reserves could be an…

  • Oil Steady As API Reports Small Draw In Crude Inventories

    Published 18 July 2023 | viewed 8,790 times

    Crude oil inventories in the United States decreased this week by 797,000 barrels, the American Petroleum Institute (API) data showed on Tuesday after increasing by…

  • Report: Govts Should Fold Bad Bet On EVs

    Published 17 July 2023 | viewed 8,405 times

    EV policies—defacto mandates, if you please—are built on three claims according to a new report by the Manhattan Institute: EVs will lead to profound reductions…

  • Media Error Triggers Significant Oil Price Spike

    Published 17 July 2023 | viewed 30,258 times

    If you've ever wondered if media headlines and jawboning really influence oil prices, you can now put the question to rest. A mistake in publishing…

  • Pemex Sinks Deeper Into Junk: Fitch

    Published 14 July 2023 | viewed 11,918 times

    Fitch Ratings has downgraded Petroleos Mexicanos—or Pemex—squarely into junk territory after several accidents and "weak operating performance". Fitch also lowered its ESG score after those…

  • Washington Unleashes $20 Billion In Clean Energy Funds

    Published 14 July 2023 | viewed 3,605 times

    $20 billion will be up for grabs to facilitate clean energy projects that will “massively expand investment in new projects that reduce pollution across the…

  • U.S. Oil, Gas Rigs See More Losses

    Published 14 July 2023 | viewed 12,684 times

    The total number of total active drilling rigs in the United States fell by 5 this week, after a 6-rig increase last week, according to…

  • Future Of Oil Demand Is Brighter Than You’ve Been Told

    Published 13 July 2023 | viewed 14,327 times

    Oil demand’s future is rosier than the common narrative would have you believe, according to a report released today by Energy Outlook Advisors. According to…

  • OPEC Raises 2023 Oil Demand Forecast

    Published 13 July 2023 | viewed 8,114 times

    OPEC has lifted its crude oil demand forecast for 2023, to 2.4 million barrels per day (bpd), according to the group’s latest Monthly Oil Market…

  • Nord Stream Investigators Find Traces Of Explosives In Yacht

    Published 12 July 2023 | viewed 2,486 times

    Nord Stream investigators have uncovered traces of subsea explosives from a yacht, according to European diplomats who spoke to the United Nations Security Council. Sweden,…

  • U.S. Crude, Product Inventories Rise Amid Oil Price Rally

    Published 11 July 2023 | viewed 15,530 times

    Crude oil inventories in the United States increased this week by 3.026 million barrels, the American Petroleum Institute (API) data showed on Wednesday, after falling…

  • Goldman Sachs' Currie: Oil's Rally Is Unloved

    Published 11 July 2023 | viewed 10,097 times

    The OPEC+ production cuts are beginning to impact oil prices, Goldman Sachs' Jeff Currie told CNBC on Tuesday. "What we've been waiting for for six…

  • China Shaking Up Its Power, Oil, And Gas Markets

    Published 11 July 2023 | viewed 6,639 times

    China approved on Tuesday proposals that would transform its oil, gas, and power markets, CCTV has reported. Under the proposals, China will construct a new…

  • Brent Breaches $79 On OPEC's Production Cut Pledges

    Published 11 July 2023 | viewed 6,058 times

    Oil prices climbed on Tuesday as the oil markets began to believe the narrative that oil could tighten in the second half of the year.…

  • Venezuela Looks To Pay Down $20 Billion In U.S. Debt With Oil Exports

    Published 07 July 2023 | viewed 34,734 times

    The opposition party in Venezuela is working up a proposal that would see 200,000 barrels of crude oil per day exported to a trustee, who…

  • Russia To Slash Oil Output By Another 500,000 Bpd

    Published 07 July 2023 | viewed 5,149 times

    Russia will reduce the amount of oil it ships to the market by half a million barrels per day, the Russian energy ministry said on…

  • U.S. Drillers Add Gas Rigs As Oil Rig Count Slips Further

    Published 07 July 2023 | viewed 7,035 times

    The total number of total active drilling rigs in the United States rose by 6 this week, after falling by 8 last week, according to…

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