Oil & Upstream
Crude oil, OPEC+, US shale and upstream energy market news and analysis for commodity traders.
Trump Ceasefire and Project Freedom Declaration Drag Crude Below Key Levels
Brent
16 Jul
CNOOC Deploys World's Largest Floating Wind Turbine to Power Offshore Oil Platforms
CNOOC
15 Jul
CMA calls for heating oil protections but finds no quick fix for 1.5 million rural households
ULSD
15 Jul
US crude draws accelerate beyond expectations as Hormuz diplomatic bets compress the risk premium
Strait of Hormuz
15 Jul
Nuclear stocks slide as uranium retreat extends multi-month pullback
Uranium
15 Jul
Goldman's $90 oil ceiling is within reach as Iran risk premium fades
Iran
15 Jul
Brent crude at $85 with a $60 scenario the market hasn't priced
Brent
15 Jul
Fed's Warsh signals rate patience as Iran war premium keeps oil elevated
Iran
15 Jul
Goldman cuts its ICE Brent crude front-month outlook to $80 even as Hormuz attacks push crude above $85
Brent
15 Jul
NYMEX WTI crude at $79.92, giving back most of the May war-risk surge
WTI
15 Jul
Urals Surges 15% as Ukraine's Refinery Campaign Cuts Russian Output to 2009 Low
Urals
15 Jul
North America's rig count falls for first time in months as Canada sheds 11
United States
14 Jul
OPEC Demand Revisions Offer Bitcoin Miners Relief as AI Drives Power Demand Higher
OPEC
14 Jul
Asia's race to U.S. crude exposes an inventory problem markets have yet to price
United States
14 Jul
ICE Brent Tops $85 for First Time Since June 15 as WTI Surges 8%
Brent
14 Jul
DOE Awards 53 Million Barrel SPR Exchange Contracts as Reserve Sits 56 Percent Empty
US Strategic Petroleum Reserve
14 Jul
Trump's Hormuz Toll Demand Sends Crude to One-Month High
Strait of Hormuz
14 Jul
Airlines Trim Main Cabin Capacity as Brent Climbs on Hormuz Risk
Brent
14 Jul
OPEC Trims 2026 Demand Forecast for Third Month as August Output Decision Nears
OPEC
14 Jul
Brent at $81 pins airline fuel costs above pre-conflict levels
Brent
13 Jul
Three Hormuz closures later, Asia's crude buffer is 11% smaller and the bypass pipeline is half-built
Strait of Hormuz
13 Jul
Saudi Arabia targets zero crude burn for power by 2030, freeing supply for export
Saudi Arabia
13 Jul
Nigeria's crude output hits post-quota milestone but 2027 ambitions remain a stretch
Nigeria
13 Jul
Three things energy-stock bulls are ignoring while chasing the momentum trade
CME
13 Jul
The 160-million-barrel backlog the oil market has already priced out
Brent
13 Jul
Brent holds near $75 as heatwave strains grids and clean-energy delays keep oil central
Brent
12 Jul
NYMEX WTI Closes at $71 as Iran Ceasefire Drains the Wartime Premium
WTI
12 Jul
The contango chatter oil traders should distrust
Brent
12 Jul
US Crude Builds and Iran Waiver Talk Pull WTI Below $100
WTI
12 Jul
Brent Back at $75 as Hormuz Reopens and Traders Eye a 2027 Glut
Brent
11 Jul
Doomberg Says Reuters Oversold Russia's Gasoline Import Scramble
Russia
11 Jul
The oil market's Hormuz peace rally is ignoring three risks that haven't gone away
Strait of Hormuz
11 Jul
UAE quits OPEC as Hormuz shut-in nears 100m barrels a week
Strait of Hormuz
11 Jul
Macquarie's Hormuz traffic data undercuts the bullish heating oil case
ULSD
10 Jul
Analysts warn Mali jihadist advance threatens Nigeria as crude market stays calm
Nigeria
10 Jul
Oil holds near $76 as traders bet a US-Iran deal survives a dead ceasefire
United States
10 Jul
ONGC Board Clears Mangalore Reserve as ADNOC Plans 30-Million-Barrel India Foothold
ADNOC
10 Jul
Iran Sanctions Waiver Gone, Leaving 63 Million Barrels Stranded at Sea
Iran
10 Jul
Data Center Immersion Cooling Market Trends and Forecasts, 2023-2024 & 2025-2033 | Data Center Energy Demands, HPC Growt
Strait of Hormuz
10 Jul
US Distillate Stocks Weigh on Heating Oil as Hormuz Traffic Resumes
ULSD
10 Jul