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 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...

  • Oil Futures Settle Lower

    New York Mercantile Exchange spot-month oil futures settled lower Tuesday afternoon on technically-driven selling pressure and prepositioning ahead of weekly data from the American Petroleum Institute that's expected to be...

  • 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 Hurricane Harvey that devastated the...

  • 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...

  • Oil Futures Settle Higher Thursday

    New York Mercantile Exchange spot-month oil futures settled higher Thursday, with RBOB futures spiking 28% this week to a 26-month high as tightening product supply due to the impact of Hurricane Harvey combined with...

  • 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...

  • Oil Futures Settle Higher

    New York Mercantile Exchange spot-month oil futures settled higher Friday but RBOB gave up most of the early gains after rallying to a four-month high. In aftermarket trading, September RBOB moved higher on late speculative...

  • Oil Settles Mixed Thursday

    New York Mercantile Exchange spot-month oil futures settled mixed Thursday with West Texas Intermediate crude oil and ULSD lower.

  • Oil Mixed in Thursday Trade

    Oil futures were shallowly mixed Thursday morning as a tropical storm threatens to disrupt product supply at the Texas Gulf Coast that has generated buying in RBOB and ULSD contracts.

  • Oil Mixed in Morning Trade

    Oil futures moved shallowly mixed Wednesday morning after the API showed mixed weekly supply figures and ahead of a report by the EIA's weekly report that's expected to show stock draws across the board.

  • Oil Futures Settle Higher Tuesday

    New York Mercantile Exchange spot-month oil futures settled higher Tuesday after seesawing most of the session, rallying this afternoon ahead of weekly oil data from the American Petroleum Institute that's expected to show stock...

  • Oil Futures Lower Amid Profit-Taking

    New York Mercantile Exchange oil futures were lower on Monday morning amid profit-taking ahead of a technical meeting later today by the Organization of Petroleum Exporting Countries and non-OPEC Russia to discuss compliance with...

  • Oil Futures Little Changed Fri. Morning

    New York Mercantile Exchange oil futures were little changed Friday morning, paring overnight gains ahead of a weekly rig count report by Baker Hughes, Inc. due out at 1:00 p.m. EDT.

  • Oil Futures Selling Continues

    New York Mercantile Exchange oil futures were lower Thursday morning, extending Wednesday's selloff to fresh multi-week lows after U.S. data showed an increase in domestic crude production that offset a steep crude stock draw...

  • Oil Futures Little Changed at Open

    New York Mercantile Exchange spot-month oil futures were little changed Wednesday morning ahead of a report by the Energy Information Administration that's expected to show the eighth straight weekly stock draw for crude oil...

  • Futures Mixed With Bearish Sentiment

    New York Mercantile Exchange spot-month oil futures moved mixed Monday morning, with bearish sentiment, a stronger dollar and data showing an increase in the number of active oil rigs in the United States keeping West Texas...

  • NYMEX Oil Futures Settle Higher

    New York Mercantile Exchange spot-month oil futures settled higher Friday afternoon, shaking off morning weakness and rebounding amid short-covering ahead of the weekend break due to growing geopolitical tension.

  • Oil Futures End Lower Thursday

    After a volatile trade session, New York Mercantile Exchange spot-month oil futures settled lower Thursday afternoon as the complex came under selling pressure amid overbought market conditions, with concerns over higher...

  • Steep Crude Stock Draw Lifts WTI

    New York Mercantile Exchange spot-month oil futures settled mixed with an upside bias Wednesday afternoon, with September West Texas Intermediate crude oil and ULSD boosted by bullish federal data showing draws for petroleum...

  • Oil Higher Ahead of Weekly EIA Report

    New York Mercantile Exchange spot-month oil futures at the formal session open were mixed Wednesday morning.

  • Oil Settles Down on Bearish Sentiment

    New York Mercantile Exchange spot-month oil futures settled lower Tuesday afternoon after a choppy session.

  • Oil Futures Slip on OPEC Doubts

    New York Mercantile Exchange spot-month oil futures moved lower at the open Tuesday morning on doubts the Organization of Petroleum Exporting Countries has a workable plan to stop members who are cheating on their production...

  • Oil Settles Lower Monday

    Oil futures settled lower Monday afternoon amid skepticism OPEC will do anything to improve compliance by its members to their production cuts agreement.

  • Oil Opens Lower Monday

    Oil futures opened lower Monday ahead of a technical meeting by members and nonmembers of OPEC to plug leaks on their agreement to cut production by 1.8 million bpd through March 2018.

  • Oil Settles Higher as Rig Count Eases

    New York Mercantile Exchange spot-month oil futures settled modestly higher Friday afternoon.

  • Oil Little Changed in Morning Trade

    Oil futures were little changed Friday morning, displaying no major reaction to the Labor Department's strong jobs report.

  • Oil Settles Lower on Technical Pressure

    New York Mercantile Exchange spot-month oil futures settled lower this afternoon after reversing early gains amid technical pressure that spurred profit-taking, with sentiment also turning sour on renewed concern over rising...

  • Oil Edges Higher Thursday

    Oil futures opened slightly higher Thursday morning before turning mixed, powered by strong demand for refined oil products and a tightening domestic market, with the upside limited by production increases by OPEC.

  • Oil Futures Settle Mixed Wednesday

    New York Mercantile Exchange spot-month oil futures settled mixed Wednesday afternoon with West Texas Intermediate crude and ULSD futures posting moderate gains after the Energy Information Administration reported crude oil...

  • Oil Futures Mixed Ahead of EIA Oil Data

    New York Mercantile Exchange spot-month oil futures were little changed Wednesday morning ahead of weekly oil data from the Energy Information Administration due out at 10:30 a.m. EDT.

  • Oil Futures Open Lower on Profit-Taking

    New York Mercantile Exchange spot-month oil futures moved lower Tuesday morning amid profit-taking.

  • Futures Surge Ahead of Expiration

    Oil products futures traded on the New York Mercantile Exchange rallied Monday, with the August RBOB and ULSD contracts posting new highs on their spot continuous charts ahead of their expiration this afternoon.

  • Crude Futures Settle at 2-Month Highs

    Spot-month oil futures on the New York Mercantile Exchange had their biggest weekly gains this year, and September West Texas Intermediate and Brent crude oil on the IntercontinentalExchange settled at their highest price points...

  • Oil Futures End at Fresh Highs

    New York Mercantile Exchange spot-month oil futures settled at fresh highs Thursday afternoon, with West Texas Intermediate and ULSD futures rallying for the fourth straight session and the RBOB contract for the third...

  • Bullish EIA Data Spur Oil Futures Rally

    New York Mercantile Exchange spot-month oil futures rallied midweek after the U.S. dollar index tumbled and the Energy Information Administration reported a massive draw for crude oil inventories.

  • Oil Rally Extended on Bullish EIA Data

    Oil futures rallied after data by the Energy Information Administration showed stock draws for crude oil and refined products.

  • Oil Mixed in Wednesday Trade

    Oil futures opened regular trade mixed Wednesday morning, with the September West Texas Intermediate crude and ULSD contracts holding on to overnight gains in front of U.S. EIA's weekly report that's expected to confirm another...

  • Oil Futures Settle at 6-Week Highs

    New York Mercantile Exchange spot-month oil futures settled higher Tuesday afternoon, boosted by expectation U.S. oil inventories declined last week and on intensified efforts by the Organization of the Petroleum Exporting...

  • WTI Oil Futures Settle Up

    New York Mercantile Exchange spot-month oil futures stabilized after Friday's profit-taking led losses, with the futures complex mixed with an upside bias this morning following supportive news from the Organization of the Petroleum...

  • Oil Futures Mostly Higher Monday

    New York Mercantile Exchange spot-month oil futures stabilized after Friday's profit-taking led losses, with the futures complex mixed with an upside bias this morning following supportive news from the Organization of the Petroleum...

  • Oil Futures Settle Down Friday

    New York Mercantile Exchange spot-month oil futures settled lower on Friday afternoon, but off lows on overbought market conditions, and after a survey by oil tanker-tracker Petro-Logistics showed oil output by the Organization...

  • Oil Futures Open Lower

    New York Mercantile Exchange spot-month oil futures pressed lower at the open Friday morning as investors booked profits, and concerns over global oversupply, continue to weigh on the market ahead of the release later Friday of...

  • Oil Futures Reverse Off Highs

    New York Mercantile Exchange spot-month oil futures settled lower after reversing off multi-week highs amid profit-taking and nagging worries about supply overhang.

  • Oil Futures Extend Gains

    New York Mercantile Exchange spot-month oil futures opened higher on Thursday morning, rallying for the third straight day to multi-week highs on positive Energy Information Administration data that showed significant stock draws...

  • Oil Futures Higher After Bullish Data

    New York Mercantile Exchange oil futures posted moderate gains after the Energy Information Administration reported that U.S. petroleum inventories were drawn down last week by more than expected.

  • RBOB Futures Opens Higher on Stock Draw

    New York Mercantile Exchange spot-month oil futures rallied Tuesday ahead of weekly oil data from the American Petroleum Institute.

  • Oil Futures End Higher on Saudi Rumor

    New York Mercantile Exchange spot-month oil futures rallied Tuesday ahead of weekly oil data from the American Petroleum Institute.

  • Oil Futures Open Higher

    New York Mercantile Exchange spot-month oil futures edged higher at the open of regular trade Tuesday morning as the dollar index slumped to an 11-month low and in front of weekly reports on oil supply and demand in the United...

  • Oil Futures Down on Output Worries

    New York Mercantile Exchange spot-month oil futures settled lower this afternoon after seesawing earlier, as market focus shifted back to the rising in U.S. oil production and the slow pace of global stock drawdown.

  • Oil Futures Climb on Improving Demand

    New York Mercantile Exchange spot-month oil futures settled higher Thursday afternoon after shaking off early weakness and rallying on technical support and bullish demand expectations after the International Energy Agency said...

  • Oil Futures Settle Higher on Demand

    New York Mercantile Exchange spot-month oil futures settled higher Thursday afternoon after shaking off early weakness and rallying on technical support and bullish demand expectations after the International Energy Agency said...

  • Oil Futures Settle Mixed

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

  • Oil Futures Rally Ahead of EIA Report

    Spot-month oil futures on the New York Mercantile Exchange rallied Wednesday morning ahead of a weekly oil report due out at 10:30 a.m. EDT from the U.S. Energy Information Administration that's expected to show a stock-draw for...

  • Oil Futures Settle Up Thursday

    Spot-month oil futures on the New York Mercantile Exchange ended higher, but settled off session highs Thursday afternoon, paring early gains and turning mixed after the close of regular trade as market focus turned from stock...

  • Oil Futures Rally Ahead of EIA Data

    New York Mercantile Exchange spot-month oil futures climbed at the start regular trade Thursday morning ahead of a weekly report by the U.S. Energy Information Administration that's expected to show stock draws for petroleum...

  • Oil Futures Reverse off one-Month Highs

    Oil futures reversed from one-month highs on Wednesday, on profit taking that accelerated into a broader selloff amid technical pressure and reports of rising production by the Organization of the Petroleum Exporting Countries...

  • Oil Down in Wednesday Trade

    Oil futures took a leg lower Wednesday morning, retreating from four-week highs as expectations weekly U.S. petroleum supplies were drawn down were countered by reports crude oil production by OPEC rose in June.

  • Oil Futures End Higher

    New York Mercantile Exchange spot-month oil futures settled near one-month highs Monday afternoon on improving sentiment after a decrease in U.S. crude oil production reported last week dovetailed with the first decline in the...

  • Oil Higher in Friday Trade

    Oil futures were higher Friday morning, with West Texas Intermediate crude posting a fresh two-week high ahead of a report by Houston-based oil services firm Baker Hughes due this afternoon that would indicate whether or not...

  • Oil Futures End Higher on Bullish Data

    Spot-month oil futures on the New York Mercantile Exchange settled at fresh highs Wednesday after shaking off early weakness, rallying after the Energy Information Administration showed stock draws for refined products and the...

  • Oil Opens Slightly Higher Wednesday

    Oil futures on the New York Mercantile Exchange retreated from one-week highs, nudging lower at the open Wednesday morning ahead of a weekly government oil report that is expected to show stock draws for domestic crude oil...

  • Oil Futures Rally to 1-Week Highs

    New York Mercantile Exchange spot-month oil futures settled at one-week highs Tuesday ahead of data that's expected to show stock draws for U.S. crude oil and gasoline, further slashing domestic surplus and tightening the market.

  • NYMEX Oil Futures Close Modestly Higher

    New York Mercantile Exchange spot-month oil futures settled a tad higher across the board Monday afternoon amid follow-through short-covering from Friday after the oil complex tumbled to a bear market early last week on...

  • Oil Angles Higher in Monday Trade

    Oil futures angled slightly higher at the start of regular trade Monday morning on follow-through rally from last week as traders move to cover short positions.