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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  • NYMEX Oil Futures Settle Higher

    New York Mercantile Exchange oil futures rallied a day after posting near two-week lows, settling higher Tuesday afternoon on gains by equities and ahead of oil statistics that are expected to show gasoline and distillate supplies...

  • NYMEX Oil Futures Up Early

    New York Mercantile Exchange oil futures moved higher early Tuesday.

  • Oil Settles Near Two-Week Lows

    New York Mercantile Exchange spot-month oil futures settled near two-week lows Monday afternoon on the back of a selloff in U.S. equities.

  • NYMEX Oil Futures Reverse Lower

    New York Mercantile Exchange spot-month oil futures reversed lower Monday morning, dropping back on weakness in key equity markets amid risk-aversion after China slapped retaliatory tariffs on 128 U.S. products.

  • Oil Futures Settle Higher Thursday

    New York Mercantile Exchange spot-month oil futures settled higher Thursday afternoon as equities rallied, the U.S. dollar index eased and the number of working oil rigs in the United States declined this week.

  • WTI Pressed Lower by Stock Build

    New York Mercantile Exchange spot-month oil futures settled lower Wednesday amid a stronger U.S. dollar and Energy Information Administration data.

  • WTI Hits 1-Week Low on EIA Data

    New York Mercantile Exchange spot-month oil futures moved lower after the Energy Information Administration released data that showed a build in crude oil inventories and higher crude production in the United States for the...

  • Oil Lower in Wednesday Trade

    Oil futures were lower Wednesday morning, with West Texas Intermediate extending Tuesday's technically-driven losses as the dollar surged to a four-day high and ahead of weekly oil data from the EIA.

  • WTI Futures Reverse Down

    New York Mercantile Exchange spot-month oil futures are lower across the board in afterhours trade Tuesday afternoon following a mixed settlement.

  • Oil Mixed in Tuesday Trade

    Oil futures were shallowly mixed with an upside bias Tuesday morning, lent support on a combination of factors including expectation for weekly oil stock draws in the United States, continuing concern about tensions in the Middle...

  • Oil Ends Monday Down on Profit-Taking

    New York Mercantile Exchange spot-month oil futures settled lower Monday afternoon, reversing from monthly highs traded overnight on overbought market pressure, with additional price pressure exerted upon the market after...

  • Oil Lower in Monday Trade

    Oil futures moved lower Monday morning, with West Texas Intermediate crude and Brent crude on the Intercontinental Exchange reversing from Friday's two-month highs amid overbought market pressure, with renewed concern over...

  • WTI, Brent Settle at 2-Month Highs

    New York Mercantile Exchange spot-month oil futures rallied Friday, rebounding from Thursday's profit taking led decline.

  • Oil Futures Higher on Saudi Comment

    New York Mercantile Exchange spot-month oil futures moved higher Friday morning, recouping Thursday's losses on the back of a weakening U.S. dollar.

  • WTI Settles at 7-Week High

    New York Mercantile Exchange oil futures advanced Wednesday afternoon.

  • Oil Futures Extend Higher

    New York Mercantile Exchange spot-month oil futures posted fresh highs in midmorning trade, rallying after the U.S. Energy Information Administration reported stock draws for domestic crude oil and products for the week-ended...

  • Oil Futures Rally on Fundamentals

    New York Mercantile Exchange spot-month oil futures settled sharply higher Tuesday afternoon ahead of weekly oil industry data that could show stock draws for crude oil supply at the Cushing depot in Oklahoma and for gasoline...

  • Oil Rallies in Tuesday Morning Trade

    Oil futures rallied to fresh highs Tuesday morning on the back of a rebound by equities, expectations for draws in domestic petroleum inventories and the prospect of the market rebalancing earlier than initially thought.

  • Oil Futures Settle Lower Monday

    New York Mercantile Exchange spot-month oil futures settled lower on the back of a selloff in the equities markets and on signs of higher domestic crude oil production, but the downside was curbed by geopolitical tensions and...

  • Oil Futures Rally on Mideast Tensions

    New York Mercantile Exchange spot-month oil futures settled higher Friday, rallying on geopolitical risk and a higher demand outlook that offset industry data showing an increase in the number of rigs drilling for oil in the United...

  • Oil Higher as Demand Outshines Supply

    New York Mercantile Exchange spot-month oil futures settled higher for the second straight session Thursday. Stronger U.S. demand outlook overshadowed increasing crude supply and a strengthening U.S dollar, while the stock...

  • RBOB Ends at One-Week High

    RBOB futures led New York Mercantile Exchange spot-month oil futures higher Wednesday afternoon, with RBOB settling at a one-week high on the back of a report by the Energy Information Administration.

  • RBOB Futures Up after EIA Data

    New York Mercantile Exchange spot-month oil futures turned mixed after initially rising, with nearby RBOB and ULSD futures trading near one-week highs.

  • Oil Higher in Wednesday Trade

    Oil futures moved higher Wednesday morning, boosted by slightly higher equities and a report showing oil production by members of the Organization of Petroleum Exporting Countries fell 77,000 bpd to 32.19 in February.

  • Oil Futures Mixed

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

  • Oil Futures Settle Lower

    New York Mercantile Exchange spot-month oil futures settled lower Monday afternoon amid concerns about high U.S. crude oil production, with crude stockpiles at the Cushing hub in Oklahoma estimated to have increased more than...

  • Oil Settles Higher on Friday

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

  • Oil Rallies After Robust Jobs Report

    Oil futures rallied Friday morning as easing tensions in the Korean peninsula and a robust jobs report in the United States fueled risk-on trade, although the upside remain capped by higher domestic crude production.

  • WTI Settles at Three-week Low

    New York Mercantile Exchange spot-month oil futures closed down across the board this afternoon.

  • Oil Mixed in Thursday Trade

    Oil futures were shallowly mixed Thursday morning as concerns about rising crude oil production in the United States and a firmer U.S. dollar weighed against higher equities.

  • Oil Mixed in Wednesday Morning Trade

    Oil futures were mixed Wednesday morning with the West Texas Intermediate crude contract pressured lower by stock market losses and data showing a bigger-than-expected build in U.S. crude oil inventories.

  • Oil Futures End Tuesday Near Flat

    New York Mercantile Exchange spot-month oil futures ended little changed Tuesday afternoon following a choppy session.

  • Oil Futures Seesaw Early

    New York Mercantile Exchange spot-month oil futures moved mixed in choppy trade Tuesday morning.

  • Oil Lower in Friday Trade

    Oil futures fell Friday morning, down for the third straight day along with continued sell-off in equities following President Donald Trump's tariff announcement and on rising domestic crude oil inventories and production.

  • Oil Futures End Down Thursday

    New York Mercantile Exchange spot-month oil futures settled lower Thursday afternoon on Wednesday's bearish weekly U.S. crude oil supply data and pressure from a selloff by equities following President Donald Trump's threat to...

  • Oil Tumbles After Weekly EIA Data

    Oil futures dropped in midmorning trade Wednesday after the Energy Information Administration reported stock builds for crude and gasoline, and declines in implied demand for gasoline and distillate fuels.

  • Oil Mixed in Wednesday Trade

    Oil futures were mixed Wednesday morning ahead of weekly oil supply statistics from the U.S. Energy Information that's expected to show weekly stock builds for crude oil and gasoline supplies.

  • Oil Futures End Tuesday Lower

    New York Mercantile Exchange spot-month oil futures settled lower Tuesday afternoon, pressured by a stronger U.S. dollar, a stock market selloff and expectations that weekly oil statistics would show stock builds for U.S. crude oil...

  • Oil Little Changed in Tuesday Trade

    Oil futures were little changed Tuesday morning after settling at three-week highs Monday and in front of weekly supply reports that are expected to show builds in U.S. crude and gasoline inventories.

  • Oil Futures at 3-Week Highs

    New York Mercantile Exchange spot-month oil futures settled at three-week highs Monday afternoon, supported by strong demand, a rally for equities and a crude oil supply outage in Libya.

  • Oil Futures Lifted by Equities Rally

    New York Mercantile Exchange spot-month oil futures rallied to better than two-week highs this afternoon on the back of higher equities, with investors less concerned that a Jerome Powell-led Federal Reserve would rush to raise...

  • Oil Near Flat as USD Stabilizes

    New York Mercantile Exchange spot-month oil futures traded near flat Friday morning after coming off overnight lows as the U.S. dollar steadied near a better than one-week high, while equities moved gained amid risk-on trade.

  • Oil Settles at Two-week Highs

    New York Mercantile Exchange spot-month oil futures settled at two-week highs Thursday afternoon, rallying across the board following the release of bullish data from the U.S. Energy Information Administration.

  • Oil Rallies in Midday Trade

    Oil futures rallied Thursday after the Energy Information Administration reported stock draws for crude oil and distillate in the United States during the week ended Feb. 16, with a build in gasoline below expectations.

  • Oil Edge Higher in Thursday Trade

    Oil futures edged higher Thursday morning, recouping premarket losses on the back of stock market gains while the U.S. dollar eased from a 10-day high posted during overnight trade.

  • Oil Edges Higher in Thursday Trade

    Oil futures edged higher Thursday morning, recouping premarket losses on the back of stock market gains while the U.S. dollar eased from a 10-day high posted during overnight trade.

  • Oil Turns Lower as USD Rallies

    New York Mercantile Exchange spot-month oil futures were in negative territory Wednesday afternoon after settling shallowly mixed, with the futures complex pressured by a stronger U.S. dollar following the release of minutes of...

  • Oil Settles Mixed With Upside Bias

    New York Mercantile Exchange spot-month oil futures ended mixed with an upside bias Tuesday, with weakness in equities weighing against positive comments by the Organization of the Petroleum Exporting Countries that provided...

  • Oil Futures Lifted by OPEC Comment

    New York Mercantile Exchange spot-month oil futures traded to two-week highs Monday morning.

  • Oil Futures Supported by Cushing Stock

    New York Mercantile Exchange oil futures settled near one-week highs Friday ahead of the three-day weekend break.

  • Oil Mixed in Friday Trade

    Oil futures were mixed Friday morning after coming off one-week highs posted overnight, with the market pressured by a strengthening U.S. dollar and expectations Baker Hughes would report early afternoon an increase in the...

  • Oil Pulls Back in Thursday Trade

    Oil futures pulled back Thursday morning after rising overnight to fresh five-day highs for West Texas Intermediate and Brent on the Intercontinental Exchange, with ULSD and RBOB easing off four and three-day highs, respectively.

  • Oil Futures Settle Higher on EIA Data

    New York Mercantile Exchange oil futures recovered from a shaky start to trade and settled higher Wednesday afternoon.

  • Oil Moves Shallowly Mixed After Data

    New York Mercantile Exchange oil futures were mixed in the aftermath of weekly data from the Energy Information Administration.

  • Oil Settles Shallowly Mixed

    New York Mercantile Exchange oil futures settled shallowly mixed Tuesday afternoon with West Texas Intermediate crude and ULSD a tad lower.

  • Oil Futures End Mixed

    New York Mercantile Exchange oil futures settled mixed Monday afternoon with West Texas Intermediate giving up most of its early gains while the ULSD and RBOB contracts posted losses of 0.8% about 1.3%, respectively, amid pressure...

  • Oil Futures Pares Gains on Supply Data

    Nearby delivered oil futures on the New York Mercantile Exchange pared overnight gains Monday morning after the Organization of the Petroleum Exporting Countries revised up its non-OPEC supply growth outlook.

  • Oil Futures Sink as Rigs Soar

    New York Mercantile Exchange spot-month oil futures plummeted Friday afternoon.

  • Oil Extends Selloff on Risk Aversion

    New York Mercantile Exchange oil futures accelerated their weeklong selloff Friday morning amid risk aversion and growing concern over record high U.S. oil production.

  • Oil Futures Post Fresh Multi-week Lows

    New York Mercantile Exchange spot-month oil futures settled at multi-week lows Thursday afternoon after worries about building U.S. crude oil inventory and crude production combined with another plunge in the stock market and a...

  • Bearish EIA Data Press Oil Futures Down

    New York Mercantile Exchange spot-month oil futures tumbled for the fourth straight day Wednesday, with West Texas Intermediate crude oil settling at the lowest level in four weeks after the U.S. Energy Information Administration...

  • EIA: Ethanol Stocks Jump

    The U.S. Energy Information Administration's latest weekly report shows ethanol supply in the United States up 500,000 bbl or 2.2% to 23.5 million bbl during the week-ended Feb. 2, moving closer to the record high of 23.8 million bbl...

  • Oil Tumbles on EIA's US Supply Outlook

    New York Mercantile Exchange spot-month oil futures ended lower for the third straight day Tuesday.

  • Oil Posts Fresh Losses Tuesday

    Oil futures posted fresh losses Tuesday morning, with West Texas Intermediate crude at a two-week low, ULSD futures a six week low, and RBOB futures a four-week low. April Brent crude futures on the Intercontinental Exchange...

  • Oil Advances in Thursday Morning Trade

    Oil futures advanced Thursday morning on several features, including U.S. data issued on Wednesday showing weekly stock draws for gasoline and distillate amid strong demand, a bullish outlook by Goldman Sachs, and a survey showing...

  • Oils Falls for Second Straight Day

    New York Mercantile Exchange spot-month oil futures settled lower Tuesday afternoon, falling for the second straight day to one-week lows.

  • Oil Extend Losses Tuesday

    Oil futures extended their decline Tuesday morning on profit-taking after last week's rally to 38-month highs for West Texas Intermediate and Brent on the Intercontinental Exchange, coming under selling pressure on expectations...

  • Oil Futures Retreat on Profit Taking

    New York Mercantile Exchange spot-month oil futures settled lower Monday afternoon.

  • Oil Futures Ease on Rising Output

    New York Mercantile Exchange oil futures declined Monday morning after Baker Hughes reported on Friday that U.S. drillers added 12 rigs to the oil patch last week, raising concerns about increasing domestic crude oil production.

  • NYMEX Oil Rallies to Fresh Highs

    New York Mercantile Exchange spot-month oil futures rallied on Friday, with West Texas Intermediate crude settling at a near 38-month high.

  • Oil Shallowly Mixed in Friday Trade

    Oil futures were shallowly mixed Friday morning, with West Texas Intermediate crude trading about a $1 below Thursday's $66.66 nearly 38-month high as the U.S. dollar stabilized after a recent sell-off.

  • Oil Futures at Fresh Highs

    New York Mercantile Exchange spot-month oil futures rallied Wednesday afternoon with West Texas Intermediate crude and Brent crude trading on the Intercontinental Exchange settling at fresh three-year highs.

  • Oil Settles Higher on Bullish Outlook

    New York Mercantile Exchange spot-month oil futures settled sharply higher Tuesday after the combination of a weaker dollar, expectation for weekly U.S. crude supply draw, an upward revision in world economic growth and the...

  • Oil Climbs Higher Tuesday

    Oil futures continued higher Tuesday morning on expectation crude oil inventories in the United States declined for the 10th straight week and on an upward revision to economic growth forecast by the IMF that implies greater...

  • Oil Futures Settle Mixed, Upside Bias

    New York Mercantile Exchange spot-month oil futures settled mixed Monday afternoon with Brent crude on the Intercontinental Exchange supported by comments from Saudi Arabia that the Organization of the Petroleum Exporting...