George Orwel

DTN Energy Reporter
George Orwel

George Orwel has covered energy markets since the summer of 1998, initially reporting on Latin American oil markets before moving on to cover U.S. spot oil market, corporate earnings and refinery outages at Dow Jones Newswires. He covered oil futures market and Mideast oil exports as a senior reporter at Oil Daily and Petroleum Intelligence Weekly from 2004 to 2007. He joined DTN in the summer of 2008 as a reporter, covering oil and ethanol markets. He graduated from Columbia University with an MS in journalism in 1996.

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  • Oil Futures End Mixed; WTI Rallies

    New York Mercantile Exchange spot-month oil futures settled mixed Wednesday afternoon, with West Texas Intermediate crude rallying to a 29-month high on the back of data showing a weekly crude stock draw in the United States.

  • Oil Futures Mostly Higher

    New York Mercantile Exchange spot-month oil futures were mixed with an upside bias, with West Texas Intermediate crude and Brent on the Intercontinental Exchange higher ahead of the U.S. Energy Information Administration's report...

  • Oil Higher Ahead of Inventory Reports

    New York Mercantile Exchange spot-month oil futures settled higher Tuesday afternoon ahead of weekly oil inventory reports that are expected to show stock draws and expectation the Organization of the Petroleum Exporting...

  • Oil Futures Mixed Ahead of Supply Data

    New York Mercantile Exchange oil futures were mixed Tuesday morning with spot-month ULSD contract lower while West Texas Intermediate crude and RBOB contracts edged higher ahead of weekly oil inventory reports in the United...

  • Oil Futures Settle Lower

    New York Mercantile Exchange spot-month oil futures settled lower Monday afternoon on worry over whether the Organization of the Petroleum Exporting Countries would extend their production cut agreement and on a stronger U.S...

  • Oil Futures Settle Up

    New York Mercantile Exchange spot-month oil futures settled higher Friday afternoon after rallying throughout the day on renewed expectations the Organization of the Petroleum Organization would agree to extend their production...

  • Oil Futures Down Thursday Morning

    New York Mercantile Exchange spot-month oil futures traded lower Thursday morning on concern about rising domestic crude oil output and concern that the Organization of the Petroleum Exporting Countries may not agree on Nov...

  • Oil Futures Settle Mixed Wednesday

    New York Mercantile Exchange oil futures settled mixed with West Texas Intermediate crude and RBOB lower on concerns about rising crude supply and production, but ULSD futures shook off early losses and settled a tad higher...

  • Oil Remain Pressured After EIA Data

    New York Mercantile Exchange oil futures remained under pressure after the Energy Information Administration released a weekly oil report showing an unexpected crude stock build, but the gain was not as large as reported a day...

  • Oil Futures Lower on Crude Supply

    New York Mercantile Exchange oil futures remained under selling pressure Wednesday morning with traders recalibrating expectations in front of an oil supply report for the week-ended Nov. 10 due out at 10:30 AM ET from the...

  • Bearish IEA Triggers Profit-Taking

    New York Mercantile Exchange oil futures settled lower with spot-month West Texas Intermediate crude and Brent on the Intercontinental Exchange tumbling to better than one-week lows amid a broad-based selloff driven by concerns...

  • NYMEX Dec ULSD, RBOB Futures Retreat

    New York Mercantile Exchange spot-month West Texas Intermediate futures ended flat and oil products edged lower after trading on either side of Friday's settlements.

  • Oil Futures Slip Friday

    Oil futures with nearest delivery traded on the New York Mercantile Exchange and front month Brent crude on the Intercontinental Exchange declined at settlement Friday following a nine-rig jump in active oil rigs in the United...

  • Oil Futures Shallowly Mixed

    New York Mercantile Exchange spot-month oil futures were shallowly mixed Thursday morning as higher U.S. crude oil supply weighed against stronger demand.

  • Oil Futures Settle Wednesday Mixed

    New York Mercantile Exchange spot-month oil futures settled mixed Wednesday afternoon.

  • Oil Shallowly Mixed After EIA Data

    New York Mercantile Exchange spot-month oil futures turned shallowly mixed in midmorning trade, with the market reacting with restraint to the latest report by the Energy Information Administration that was seen as bullish for...

  • Oil Futures Lower Ahead of EIA Data

    New York Mercantile Exchange spot-month oil futures moved lower again Wednesday morning as traders recalibrated ahead of the release of weekly petroleum data due out at 10:30 a.m. EST from the U.S. Energy Information...

  • NYMEX Oil Futures End Mixed

    Nearby delivered oil futures on the New York Mercantile Exchange settled mixed on Wednesday, with West Texas Intermediate and ULSD futures reversing lower after the Energy Information Administration released a somewhat...

  • Oil Mixed in Thursday Trade

    Oil futures were mixed Thursday morning as traders mulled disappointing U.S. crude production data against fresh bullish comments from Russia suggesting the world's major oil producing nations would eventually agree to extend...

  • Oil Maintains Upside After EIA Report

    New York Mercantile Exchange spot-month oil futures continued higher in midmorning trade Wednesday after the Energy Information Administration reported stock draws across the board, although the U.S. agency's report was less...

  • Oil Futures See Fresh Highs

    New York Mercantile Exchange spot-month oil futures extended gains Wednesday morning after the American Petroleum Institute on Tuesday reported bigger-than-expected stock draws for crude oil and refined products and ahead of...

  • Oil Futures Settle at Fresh Highs

    New York Mercantile Exchange spot-month oil futures reversed higher after a weak start to the trading session, with a rally by RBOB futures leading the oil complex higher, while futures received additional support amid a bullish...

  • Oil Futures Settle Mixed

    New York Mercantile Exchange spot-month oil futures settled mixed Monday afternoon, with the West Texas Intermediate and ULSD contracts higher for the third straight day on bullish psychology driven by hopes the global oil supply...

  • Oil Futures End Higher

    New York Mercantile Exchange spot-month oil futures overcame a weak start and rallied in midsession before settling at multi-month highs on Friday.

  • Oil Futures Settle Higher Thursday

    New York Mercantile Exchange spot-month oil futures settled higher Thursday afternoon, with West Texas Intermediate crude shaking off early losses to settle at a six-month high.

  • NYMEX Oil Futures Mixed

    New York Mercantile Exchange spot-month oil futures were shallowly mixed bias Thursday morning as traders mull a mixed bag of weekly oil statistics showing higher crude supply and lower product reserves in the United States.

  • Oil Mixed in Wednesday Trade

    Oil futures were mixed Wednesday morning ahead of a fresh report from the EIA on oil supply, with traders now recalibrating after the American Petroleum Institute's weekly oil data missed expectations.

  • Oil Ranges Higher Tuesday

    New York Mercantile Exchange spot-month oil futures ranged higher Tuesday afternoon, with West Texas Intermediate crude settling at a six-month high above $52 bbl ahead of inventory reports expected to show stock draws for...

  • Oil Higher in Morning Trade

    Oil futures moved higher on expectations U.S. crude supply declined for the fifth straight week, and on efforts by the Organization of the Petroleum Exporting Countries to rebalance the market.

  • Oil Futures End Mixed

    New York Mercantile Exchange spot-month oil futures settled mixed Monday afternoon with West Texas Intermediate crude and RBOB edging higher while ULSD and Brent crude on the Intercontinental Exchange posting moderate losses.

  • Oil Futures Settle Higher

    New York Mercantile Exchange spot-month oil futures settled higher amid pre-weekend short-covering prompted by industry data showing a big drop in the number of active oil rigs in the United States, with lingering geopolitical...

  • Oil Settles Lower Thursday

    New York Mercantile Exchange spot-month oil futures settled mostly lower Thursday as traders booked profits after U.S. data showed an increase in U.S. product supply with the downside curbed by a hint from the Organization of...

  • Oil Futures End Mixed on Profit-Taking

    New York Mercantile Exchange spot-month oil futures and Brent on the Intercontinental Exchange settled mixed Tuesday afternoon after seesawing most of the session, with the ULSD contract pulling back on profit-taking after a...

  • WTI, ULSD Futures Settle Higher

    New York Mercantile Exchange spot-month West Texas Intermediate crude and ULSD futures settled higher alongside Brent on the Intercontinental Exchange as reports of armed conflict in Iraq's northern oil-producing Kirkuk area...

  • Oil Higher in Friday Trade

    Oil futures climbed again Friday morning, with West Texas Intermediate crude oil on course for a 5% weekly gain, underpinned by lower crude supply in the United States, a big jump in Chinese crude imports and concerns over mounting...

  • Oil Futures Remain Under Pressure

    New York Mercantile Exchange spot-month oil futures remained lower in late-morning trade Thursday despite the U.S. Energy Information Administration's data showing stock draws for crude oil and distillates for the week-ended Oct. 6.

  • Oil Futures End Wednesday Higher

    Nearby delivered oil futures on the New York Mercantile Exchange settled higher Wednesday.

  • Oil Higher in Wednesday Trade

    Oil futures climbed again Wednesday morning after OPEC released a bullish outlook that revises world oil demand expectations modestly higher while adjusting lower the forecast for non-OPEC supply.

  • Oil Ends Monday Mixed

    New York Mercantile Exchange spot-month oil futures settled shallowly mixed this afternoon with West Texas Intermediate crude and Brent on the Intercontinental Exchange reversing higher on technical support after Friday's selloff...

  • Oil Futures Gain

    New York Mercantile Exchange spot-month oil futures settled higher Thursday afternoon on the prospect of the Organization of the Petroleum Exporting Countries and 10 non-OPEC producers led by Russia prolonging their agreement...

  • Oil Futures End Wednesday Mixed

    New York Mercantile Exchange spot-month oil futures settled mixed with West Texas Intermediate crude giving up midsession gains and falling for the third straight day despite a largely bullish weekly report from the Energy...

  • Oil Higher in Midday Trade

    Oil futures were slightly higher across the board in midmorning trade after the EIA reported a steep stock draw for U.S. crude oil and an unexpected decline in distillates supply, with crude exports at a record high near 2.0 million...

  • Oil Mixed in Wednesday Morning Trade

    Oil futures were shallowly mixed on Wednesday morning as the market mulled over the American Petroleum Institute's mixed weekly oil supply report and the restart of Libya's Sharara oilfield after a two-day shutdown.

  • Oil Ends Tuesday Mixed

    New York Mercantile Exchange spot-month oil futures settled mixed Tuesday afternoon as profit-taking continued after recent gains amid concern about higher crude oil supply in the domestic and global markets.

  • Oil Futures End Lower on Monday

    New York Mercantile Exchange spot-month oil futures settled sharply lower Monday afternoon amid selling pressure from a stronger U.S. dollar and reports that the Organization of the Petroleum Exporting Countries pumped more...

  • Oil Sharply Lower Monday

    Oil futures moved sharply lower Monday morning, starting October and the fourth quarter on the back foot amid a strengthening U.S. dollar and higher production in the United States and globally.

  • Oil Settles Lower on Profit-Taking

    New York Mercantile Exchange spot-month oil futures settled lower Thursday afternoon, with West Texas Intermediate crude oil contract pulling back from a 5-1/2-month high amid profit-taking and overbought market conditions.

  • Oil Futures Gain on Iraq Tension

    New York Mercantile Exchange spot-month oil futures moved mostly higher on Thursday morning following U.S. data showing an unexpected crude stock draw, and a dispute in Iraq that could lead to disruption of 500,000 barrels per...

  • Oil Futures Mixed Ahead of EIA Data

    New York Mercantile Exchange spot-month oil futures posted mixed results Wednesday morning ahead of weekly oil statistics from the Energy Information Administration that's expected to detail another commercial crude oil stock...

  • Oil Settles Down on Profit-Taking

    New York Mercantile Exchange spot-month oil futures settled lower Tuesday afternoon as traders booked profits ahead of weekly oil supply reports, with a stronger U.S. dollar adding to the downward pressure.

  • Oil Futures Down on Profit-Taking

    New York Mercantile Exchange spot-month oil futures reversed lower on Tuesday morning amid profit-taking after rallying to fresh highs overnight amid bullish sentiment and geopolitical tension stirred by Monday's independence...

  • Oil Higher Monday Morning

    Oil futures rallied on Monday morning on technical support and bullish sentiment, with the global oil market seen rebalancing as demand improves while supply declines.

  • Oil Ends Mixed Amid Seasonal Factors

    Nearest delivered oil futures traded on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange settled mixed Thursday after holding to mostly narrow trade ranges, as oversold market conditions limited...

  • Oil Lower in Morning Trade

    Oil futures reversed lower Thursday morning after failing to sustain the prior day's rally, with West Texas Intermediate crude and ULSD futures pulling back from fresh multi-month highs amid technical pressure.

  • Oil Futures Up on EIA Data, OPEC Talk

    New York Mercantile Exchange spot-month oil futures rallied Wednesday afternoon, with October West Texas Intermediate crude oil settling above $50 per barrel (bbl) and at the highest level in four months, powered by bullish weekly...

  • Oil Futures Higher on Bullish API Data

    New York Mercantile Exchange spot-month oil futures were higher Wednesday morning, boosted by a bullish oil report by the American Petroleum Institute and continuing talk by the Organization of the Petroleum Exporting Countries...

  • NYMEX Oil Futures End Shallowly Mixed

    New York Mercantile Exchange spot-month oil futures settled shallowly mixed Monday afternoon with West Texas Intermediate crude near flat for a second session.

  • Oil Futures Climb on Firm Fundamentals

    New York Mercantile Exchange spot-month West Texas Intermediate crude oil futures settled unchanged on the day while RBOB and ULSD futures rallied Friday, with the three contracts as well as Brent futures on the...

  • Oil Futures Gain on Strong Demand

    New York Mercantile Exchange spot-month oil futures continued higher Thursday morning amid talk of strengthening demand and tightening supply.

  • Bullish Oil Data Powers Futures Higher

    New York Mercantile Exchange spot-month oil futures settled mixed on Wednesday with West Texas Intermediate crude and ULSD futures powered higher by a raft of bullish data, with U.S. government agency reporting a massive drop...

  • Oil Futures Add to Early Gains

    New York Mercantile Exchange spot-month oil futures added to their early gains during midmorning trade Wednesday after a U.S. government oil report for the week-ended Sept. 8 released at 10:30 AM ET showed the severe impact to...

  • Oil Futures Advance Wednesday Morning

    New York Mercantile Exchange spot-month oil futures advanced Wednesday morning after the International Energy Agency raised its global oil demand forecast and reported a supply decline in August, both globally and by the...

  • Oil Futures End Tuesday Mostly Up

    New York Mercantile Exchange spot-month oil futures settled mostly higher Tuesday afternoon as data showed oil production from the Organization of the Petroleum Exporting Countries declined in August and demand remains...

  • Oil Futures Mixed on Bullish OPEC Data

    New York Mercantile Exchange spot-month oil futures were mixed Monday morning, looking for direction in the aftermath of Hurricane Irma in the Southeast and reports showing the Organization of the Petroleum Exporting Countries...

  • Oil Futures Settle Monday Mixed

    New York Mercantile Exchange spot-month oil futures settled mixed Monday afternoon with West Texas Intermediate crude and Brent crude on the IntercontinentalExchange edging higher, while RBOB and ULSD slumped.

  • Oil Futures Lower as Irma Curbs Demand

    New York Mercantile Exchange oil futures moved lower Monday morning with the market mulling the impact of Hurricane Irma and weekend talks between Saudi Arabia's oil minister and his counterparts from Venezuela and Kazakhstan...

  • NYMEX Oil Futures Mixed Friday Morning

    New York Mercantile Exchange spot-month oil futures were mixed Friday morning, with the market still mulling the potential impacts of Hurricanes Irma and Katia that are coming on the heels of...

  • NYMEX WTI Futures Reverses Lower

    New York Mercantile Exchange spot-month oil futures were mixed Thursday morning with the October West Texas Intermediate crude contract reversing off the prior day's one-month spot high and falling Thursday morning.

  • NYMEX WTI Futures Rally

    New York Mercantile Exchange spot-month West Texas Intermediate crude oil futures rallied on Wednesday morning to a fresh high as the pace of refinery recovery from Hurricane Harvey quickened and concerns turned to Hurricane...

  • WTI, Brent Crude Rally

    New York Mercantile Exchange spot-month oil futures settled mixed Tuesday with West Texas Intermediate crude and Brent on the IntercontinentalExchange rallying to three-week and three-month highs, respectively, boosted by...

  • Oil Futures Mixed Tuesday Morning

    New York Mercantile Exchange spot-month oil futures were mixed Tuesday morning with crude oil higher while the contracts for refined products sank early during the first session of the holiday-shortened trade week, as fear over...

  • Oil Futures Settle Mixed Friday

    New York Mercantile Exchange spot-month oil futures settled mixed on Friday afternoon with October West Texas Intermediate crude erasing early losses and the ULSD contract closing a tad higher while RBOB futures tumbled amid...

  • NYMEX Oil Futures Lower Friday

    New York Mercantile Exchange spot-month oil futures moved lower Friday morning as concerns about short-term supply begin to ease ahead of Labor Day holiday, with seasonal demand continuously slumping in September after peaking...

  • RBOB Futures Skyrocket After Harvey

    New York Mercantile Exchange spot-month oil futures settled mixed Wednesday afternoon with West Texas Intermediate and the IntercontinentalExchange Brent crude oil contracts lower, while NYMEX RBOB and ULSD contracts rallied...

  • Oil Initially Mixed to EIA Data

    New York Mercantile Exchange spot-month oil futures initially moved mixed in muted reaction to the release of the latest U.S. Energy Information Administration's data that showed another steep weekly crude oil stock draw and...

  • RBOB Futures Spike Again

    The September RBOB futures contract on the New York Mercantile Exchange continued to rally Wednesday morning to a fresh 25-month high after more refineries and pipelines shut as Tropical Storm Harvey turned to western...

  • RBOB Futures Spike to 25-month High

    New York Mercantile Exchange spot-month oil futures settled mixed with West Texas Intermediate crude falling for the second straight day to a five-week low while the RBOB contract rallied to a $1.8082 gallon fresh 25-month high.

  • Oil Mixed in Tuesday Trade

    Oil futures moved mixed Tuesday morning, with RBOB and ULSD futures higher after pausing overnight as the impact of Hurricane Harvey on the Gulf Coast refining capacity starts to become clearer while the market also expects...

  • WTI Futures Tumble, RBOB Futures Rally

    New York Mercantile Exchange spot-month oil futures ended mixed Monday afternoon with September RBOB futures paring gains after posting a better than two-year high after Hurricane Harvey left the Texas coast reeling, with...

  • Oil Futures Higher on Storm Worries

    New York Mercantile Exchange spot-month oil futures traded mixed Monday morning with September RBOB futures near a better-than-two-year high amid concern about a looming supply shortage after a number of refineries and...