Oil & Upstream
Crude oil, OPEC+, US shale and upstream energy market news and analysis for commodity traders.
Nuclear Infrastructure Stocks Break From Uranium Spot as Term Market Signals Utility Conviction
Iran
21 May
Oil Drops 6% as Trump Claims Iran Deal Close, Ships Move Through Hormuz
Strait of Hormuz
20 May
Devon-Coterra Merger Anchors $38 Billion U.S. Shale Buying Wave
United States
20 May
Oil Jumps to $112 Before Trump Delays Iran Strike
Iran
20 May
US Crude Inventories Post Biggest Weekly Draw in Months, SPR at Lowest Since 2024
US Strategic Petroleum Reserve
20 May
UAE's OPEC Exit Leaves Cartel Without Its Second-Biggest Swing Producer
OPEC
20 May
Nigeria Pipeline Operator Claims Stability as Country Eyes 2.5 MBPD Target
Nigeria
19 May
Brent Seen Hitting $130 by June as OECD Oil Stocks Near Operational Stress Levels
Brent
19 May
Japan Buys Russian Crude for First Time in a Year as Hormuz Closure Drains Reserves
Strait of Hormuz
19 May
Opinion 2 — The Great Brent Short: Why Smart Money Is Betting Against the Fear
Brent
17 May
Opinion 1 — Iran's Cable Threat Isn't About Hormuz—It's About Proving Blockades Work Both Ways
Strait of Hormuz
17 May
US Crude Stocks Fall for Third Week as SPR Releases Accelerate
US Strategic Petroleum Reserve
16 May
US shale on track for first output dip in five years as price chaos freezes drilling
United States
16 May
OPEC+ Freezes Output Through Mid-2026 as Cheap Oil and Venezuelan Wild Card Weigh on Alliance
OPEC+
16 May
Hormuz Traffic Down 94% as Brent Holds Above $100 and Mine-Clearing Timeline Slips
Brent
16 May