Oil & Upstream
Crude oil, OPEC+, US shale and upstream energy market news and analysis for commodity traders.
OPEC Output Falls to Decades-Low While Iran Diplomacy Caps Crude Near $90
OPEC
7 Jun
Bank of England Models $100 Oil Until 2028 as Hormuz Closure Forces 400-Million-Barrel Release
Strait of Hormuz
7 Jun
UAE quits OPEC as Hormuz stays shut, leaving Saudi Arabia to hold prices alone
Strait of Hormuz
7 Jun
What the oil bulls are missing in the Iran war premium
Iran
6 Jun
Oil Eases From Multi-Week Highs as Trump Floats Lebanon Ceasefire
Brent
6 Jun
China's Crude Imports Hit Four-Year Low, Forcing State Refiners to Multiyear Run Cuts
China
6 Jun
Ukrainian Drones Hit Saratov Refinery as Brent Holds Near $93
Brent
6 Jun
Trump's Arctic Refuge Auction Raises $3.7 Million as the Majors Stay Home
Brent
6 Jun
OPEC supply sinks to a 37-year low as Iran's barrels vanish, yet Brent eases
Brent
5 Jun
Nayara Completes Vadinar Turnaround as India's Refiners Stay Squeezed on Crude
India
5 Jun
US drew a record 10m barrels from the SPR last week as Hormuz tankers finally move
Strait of Hormuz
5 Jun
India's Venezuelan crude buys jump 51% as Rosneft eyes the same barrels
Rosneft
5 Jun
Centrus falls 5.4% as spot uranium slips to $85.95, denting the safer-fuel trade
Brent
5 Jun
What the Brent bulls are glossing over as the Gulf premium spreads
Brent
5 Jun
Three things oil bulls are ignoring as the Hormuz premium leaks away
Strait of Hormuz
5 Jun
North Sea drilling jumps the queue as cabinet splits on Miliband's green line
Brent
5 Jun
South America's crude surge outpaces the US, yet barely dents the Hormuz supply hole
Strait of Hormuz
5 Jun
Demand Destruction Becomes the Swing Factor in the Oil Shock
Brent
5 Jun
Brent Holds Below $96 as China's Demand Slump Offsets the Hormuz Shock
Brent
5 Jun
North Dakota Pitches a Second Bakken Boom Built on Enhanced Recovery
Brent
5 Jun
The oil market is pricing peace. Three things it may be ignoring.
Brent
5 Jun
Traders sold oil on an Iran deal. The IAEA just said the risk went up.
IAEA
5 Jun
What the Hormuz crude trade is missing: the squeeze is in diesel, not Brent
Brent
4 Jun
RBOB bears are reading the gasoline build and ignoring the crude tank under it
RBOB
4 Jun
REalloys Locks Greenland Heavy Rare Earth Offtake as Pentagon Floods the Sector With Cash
Brent
4 Jun
EIA Pegs US Crude at 14 Million Barrels a Day in 2027, a Mark It Has Never Hit
EIA
4 Jun
Equinor posts $3.10bn Q1 net income as 9% production growth meets high prices
Equinor
4 Jun
US Crude Stockpiles Draw Fastest in Four Decades as Export Boom Empties Tanks
United States
4 Jun
Israel-Lebanon truce hangs on Hezbollah as crude keeps its war premium
Brent
4 Jun
Guyana's Atlantic Barrels Become the Oil War's Quiet Winner
Guyana
4 Jun
The oil market is watching Hormuz. The signal that matters is coming from China.
Strait of Hormuz
4 Jun
The oil market is mistaking a draining buffer for a comfortable one
Brent
4 Jun
Crude's rebound is leaning on a war premium the tape may be mispricing
Brent
4 Jun
Kpler drone data points to deeper Cushing draw as Iran ceasefire whipsaws crude
WTI
4 Jun
Kuwait says oil output needs 10-12 weeks to recover after Hormuz reopens
Strait of Hormuz
3 Jun
Bloomberg Calls the Peak on Iran's Oil Weapon as Asia Buys Coal
Iran
3 Jun
Iraq Claws Output Back to 1.6m bpd as Hormuz Crisis Eases
Strait of Hormuz
3 Jun
Pertamina holds 1 mmboe/d upstream but 882 kbpd of refining keeps Indonesia long on import demand — bid for Mideast crude and Asian gasoil
3 Jun
Inpex front-month sell vol still wide: Ichthys lifts volumes but $67.39 realised crude caps the upside
3 Jun
YPF's Vaca Muerta funding case now rides on the IMF's US$20bn program, not the drill bit
3 Jun