Oil & Upstream
Crude oil, OPEC+, US shale and upstream energy market news and analysis for commodity traders.
Iran Talks Stall on Enrichment Red Lines as Brent Holds Near $87
Brent
13 Jun
Trump-Iran Memorandum Talk Keeps Brent Near $87, Far Below Citi's $120 War Scenario
Brent
13 Jun
Exxon's No-Hedge Book Captures the Full Oil Rally, and Would Catch the Full Fall
ExxonMobil
13 Jun
Bloomberg Survey Pegs Brent Near $100 Even As Futures Curve Points Lower
Brent
12 Jun
WTI sits near $86 while the bull case still cites a record SPR draw
WTI
12 Jun
Brent rebounds above $96 as Israeli strikes on Lebanon reopen the Iran war
Brent
11 Jun
The EU shrugs at jet fuel while the oil tape says the crisis is easing
Brent
11 Jun
WTI near $91 as the ceasefire drains the war premium, but supply signals cut against the bearish tape
WTI
10 Jun
Brent Holds Near $93 as Survey Sees War Premium Capped Around $100
Brent
10 Jun
Oil Slides Over 3% as Iran-Israel Pause Holds, but Hormuz Risk Keeps a Floor Under Crude
Strait of Hormuz
10 Jun
Brent Trades Near $93 As Iran Risk Premium Drains From Crude
Brent
10 Jun
The war premium oil bulls are still pricing has already half-drained
Brent
10 Jun
Oil Market Settles Near $100 as War Premium Hardens Into Consensus
Brent
9 Jun
Saudi Arabia leans on East-West pipeline as Hormuz risk keeps Brent above $90
Brent
9 Jun
Aberdeen study pegs unlocked North Sea barrels at 1.1bn amid Europe's diesel squeeze
Brent
9 Jun
India's oil squeeze deepens even as front-month crude sits near $92
India
9 Jun
CORSIA credits slide to $10 as VCM issuances rebound in May
Brent
9 Jun
Oil jumps on fresh Iran-Israel fighting but holds $13 below its May level
Iran
9 Jun
Russia Lifts 2025 Oil Export Target Even As Drone Strikes Cripple Refineries
Russia
9 Jun
Brent below $100 prices a June Hormuz reopening, ignoring the supply wave behind it
Brent
9 Jun
Campbell's warning shows the oil trade pulling away from the real economy
Brent
9 Jun
Oil Rebounds but Stays Capped as Demand Destruction Runs Deeper Than Forecast
Brent
9 Jun
India Leans on Oman as Hormuz Blockade Pushes Brent Back Toward $100
Brent
9 Jun
U.S. refiners tilt toward jet fuel as Hormuz closure drains the barrel
Strait of Hormuz
9 Jun
Europe's airlines face a Gulf jet-fuel squeeze as oil holds above $90
Brent
8 Jun
DOE restores $57.7m lithium refinery grant it scrapped last year
Brent
8 Jun
The oil market is pricing a war premium that has already drained away
Brent
8 Jun
Oil Surges as Israel Strikes Iran, Putting the Ceasefire Back in Doubt
Iran
8 Jun
OPEC+ Adds More Barrels for July Even as the Iran War Squeezes Gulf Exports
OPEC+
8 Jun
China's Crude Imports Swing 36 Points in Three Months, Leaving the Glut Call Unresolved
China
8 Jun
Brent jumps 3.6% as Iranian missiles reopen the Hormuz risk premium
Brent
8 Jun
Three signals oil bulls are underpricing as the Hormuz crisis drags on
Strait of Hormuz
8 Jun
SPR Borrowers Owe the US 40 Million Extra Barrels as Commercial Stocks Drain
US Strategic Petroleum Reserve
7 Jun
The Iran oil premium is thinner than the bulls are pricing
Iran
7 Jun
What the Hormuz bulls are missing about oil under $100
Strait of Hormuz
7 Jun
OPEC+ Lifts Output Targets a Fourth Time as Hormuz Closure Makes the Quota Largely Symbolic
Strait of Hormuz
7 Jun
Colombia's election threatens to deepen the slide in its hydrocarbon sector
Colombia
7 Jun
OPEC+ output fell 9.4m bpd in a month as the UAE walked away from its quota
OPEC+
7 Jun
Malaysia's Crude Output Slips 5.5% in Q1 as Asian Barrels Tighten
Malaysia
7 Jun
Crude holds above $90 as Washington turns to sanctions enforcement against Iranian oil
Iran
7 Jun