Oil & Upstream
Crude oil, OPEC+, US shale and upstream energy market news and analysis for commodity traders.
Oil Whipsaws 14% in a Week as Trump Toggles Between Iran Strikes and "Serious" Talks
Iran
26 May
Alaska's Nanushuk Play Draws New Capital as US Crude Stocks Drop at Fastest Pace in 40 Years
United States
26 May
Pemex Dodges Moody's Downgrade But Cannot Escape Its Own Decline
Pemex
25 May
Traders Should Brace for July Oil Price Spike as Chinese Maintenance Season Ends
China
25 May
Sinopec Ramps Shandong Shale Oil as China's Refinery Runs Collapse on Hormuz Import Squeeze
Strait of Hormuz
25 May
IEA Says Internal Combustion Vehicle Sales Peaked in 2017 as EVs Approach 30% of Global Market
IEA
25 May
Oil Crashes 16% in a Day as Trump Ceasefire Announcement Whipsaws Crude
Brent
25 May
Algeria Hosts OPEC+ Talks as Bloc Lifts June Quotas 188,000 bpd Despite Kazakhstan's 20% Slump
OPEC+
25 May
Brent Swings $40 in a Week as Hormuz Disruption Traps 13 mb/d and the IEA Burns Through Strategic Reserves
Brent
24 May
Oil Drops 6% on Iran Deal Hopes, But Record SPR Draw Shows How Tight Supply Really Is
US Strategic Petroleum Reserve
24 May
Every Trump Post Swings Crude $10 and the Downstream Market Has Stopped Trying to Hedge It
Brent
24 May
China's Crude Import Swings Mask a Strategic Stockpiling Push That Could Blindside Western Oil Markets
China
24 May
IEA Warns of Oil 'Danger Zone' as 13 Million Barrels Per Day Go Missing and Inventories Deplete
IEA
24 May
China's Import Collapse Forces Global Crude Rerouting as Americans Spend $45 Billion More on Fuel
China
24 May
The $100 Oil Consensus May Be Wrong in Both Directions
Brent
24 May
Data Centres Will Spend More Than Oil Supply This Year, and the Grid Cannot Keep Up
IEA
23 May
Idemitsu Buys Sakhalin Crude as Japan Scrambles to Replace Middle East Barrels
Japan
23 May
Brent crude prices could hit USD 150/bbl under bull case scenario; Near-term expected to reach US... — involving ADNO...
Brent
23 May
UAE Leaves OPEC, Eyes 5 Million Bpd as Abu Dhabi Ends Decades of Quota Frustration
OPEC
23 May
Brent's $106 rally has three overlooked pressure valves
Brent
23 May
EIA Short-Term Energy Outlook — May 22
22 May
OPEC Monthly Oil Market Report — May 22
22 May
IEA Oil Market Report — May 22
22 May
EIA Weekly Petroleum Status Report — May 22
22 May
The record US crude draw no one is talking about signals deeper supply crisis
United States
22 May
Asia Scrambles for Replacement Barrels as Hormuz Tanker Backlog Begins to Clear
Strait of Hormuz
22 May
The SPR record, the waiting tankers, and the fine print in the ceasefire text
US Strategic Petroleum Reserve
22 May
Alberta Referendum Threat Puts Canadian Energy Assets in Jurisdictional Limbo
Canada
22 May
UAE Exits OPEC, Taking 4.8 Million Barrels of Capacity With It
OPEC
22 May
Trump Iran Pause Sends Brent Back to $107 After Thursday's $112 Spike
Brent
22 May
The oil market's bullish consensus conceals four bearish signals
Brent
22 May
Money managers see $105 oil as self-correcting, not a sustained rally
Brent
22 May
OPEC+ set to lift June output quota by 188,000 BPD as group adjusts to life without UAE
OPEC+
22 May
Gulf Shutins Depleted OPEC's Spare Capacity Buffer More Than Markets Realize
OPEC
22 May
Hormuz Clash Drives Brent's 18% Weekly Surge — But the Market Is Already Pricing a Ceiling
Brent
21 May
Sankey's $6 Gasoline Call Lands as Crude Holds Triple Digits and Inventories Loom
Brent
21 May
Oil Traders Lock In $81-Plus as the New Floor Through Mid-2027, Survey Shows
Brent
21 May
UAE Walks Out of OPEC After Six Decades, Setting Up a Supply Battle With Riyadh Once Hormuz Reopens
Strait of Hormuz
21 May
Oil Drops 5% on Iran Ceasefire Signals as Physical Disruption Persists
Iran
21 May
Nuclear Infrastructure Stocks Break From Uranium Spot as Term Market Signals Utility Conviction
Iran
21 May