Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group.
While OPEC begins to scale back oil production to offset at least partially some of the world’s excess oil supply, Venezuela was busy ramping up…
Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week by 57, falling to 408,…
The Federal Reserve made some changes to its Main Street Lending Program according to a Thursday press release by the central bank that will now…
While the U.S. oil industry is in the throes of panic as demand has fallen out of the oil market, China is suffering its own…
Venezuela seems to be changing tactics when it comes to managing its oil resources. PDVSA is considering a major industry reform that would increase private…
The American Petroleum Institute (API) estimated on Tuesday another large crude oil inventory build of 9.978 million barrels for the week ending April 24 as…
The United States Oil Fund (USO) is once again shaking up oil markets, and WTI is now down more than 21% on the day. The…
Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week by 64, falling to 465,…
A British Petroleum-led project in Azerbaijan will have to cut production in May for the first time as Azerbaijan will need to take drastic measures…
As the oil price crash squeezes oil companies across the globe, Mexico’s Hacienda Hedge is set to deliver $6.2 billion to the Latin American country,…
The American Petroleum Institute (API) estimated on Tuesday another large crude oil inventory build of 13.226 million barrels for the week ending April 17 as…
The price of a WTI barrel of oil rebounded on Tuesday and is now back in the black, mimicking the June futures contract—rather than May’s…
Oil price futures slipped into negative territory on Monday - a shocking oil-market first - making previous doom and gloom forecasts of OPEC’s too-little-too-late production…
Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week by 73, falling to 529,…
Rystad Energy had been projecting an increase in US shale production of 650,000 bpd by the end of this year, but recent developments have caused…
As stay-at-home orders keep businesses shuttered across much of the United States, electricity demand has fallen to a near 17-year low, according to analysts at…
OPEC may have reached a deal to cut 10 million bpd, but for many U.S. shale producers, it is too little, far too late. Much…
The American Petroleum Institute (API) estimated on Tuesday another large crude oil inventory build of 13.143 million barrels for the week ending April 10 as…
The EIA expects U.S. shale oil production to drop next month to 8.526 million barrels per day in the seven most prolific shale basins in…
Saudi Arabia has said that even more production cuts could be on the horizon, after sealing a 9.7 million bpd production cut over the week…