Oil & Upstream
Crude oil, OPEC+, US shale and upstream energy market news and analysis for commodity traders.
US Distillate Stocks Weigh on Heating Oil as Hormuz Traffic Resumes
ULSD
10 Jul
Vitol Plans Venezuelan Presence as Trading Houses Lead Oil Sector Return
Vitol
10 Jul
Asia Crude Imports Stay Depressed as Post-Hormuz Backlog Builds
Strait of Hormuz
10 Jul
BP Fired Chairman Albert Manifold After Clashes With CEO and Board Director
BP
10 Jul
Crude Oil, Singapore: forecast / forward_looking claim — Will petrol prices follow? Motorists should not expect to pay p
Singapore
9 Jul
Iraq: observed_fact / backward_looking claim — On June 23, Iraq’s Supreme Judicial Council announced that more than $106
Iraq
9 Jul
Iraq Targets 7 Million Barrels a Day as War-Era Export Losses Fade
Iraq
9 Jul
Crude Oil, United States: official_data / forward_looking claim — In 2025, petroleum accounted for 37% of U.S. energy co
United States
9 Jul
Shell's Q2 Trading Book Positioned for Windfall as Iran War Drove Record Oil and Gas Volumes
Shell
7 Jul
ADNOC Sells Crude at Discounts as UAE Builds Post-OPEC Market Share
OPEC
7 Jul
Germany's EBV Issues 760,000-Barrel Diesel Tender to Restock Strategic Reserves
Germany
7 Jul
The oil market's 'system reboot' carries a supply-flush risk few are pricing in
Brent
7 Jul
Iran Deadlock Keeps WTI Range-Bound as Diplomatic Premium Fades
WTI
7 Jul
Bitcoin miner bets on AI with $19B deal in Kentucky
Norway
7 Jul
Botas-Bulgargaz Deal Suspension Cuts Bulgargaz's Take-or-Pay Exposure to 2036
Turkey
7 Jul
Seven OPEC+ Members Raise June Output as UAE Produces Freely After Alliance Exit
OPEC+
7 Jul
Petrol prices are lagging crude's retreat, and the gap may persist longer than traders expect
Brent
7 Jul
CCS groups press EU to impose fines on oil and gas producers to hit capture targets
EUA
7 Jul
Rate Cuts Triggered by Falling Oil Could Put a Floor Under It
WTI
7 Jul
Saudi Arabia's Record Price Cut Pushes ULSD to Five-Month Lows
ULSD
7 Jul
UAE Exit Leaves OPEC Weakened in Post-War Oil Race
OPEC
7 Jul
Transgrid's $3.5 Billion NSW Upgrade Targets Snowy-to-Sydney Transmission Gap
AEMO NEM
7 Jul
U.S. Crude Inventory Deficit Deepens as SPR Drawdown Continues
US Strategic Petroleum Reserve
7 Jul
NSW Grid-Forming Battery Portfolio Questioned After Three Units Directed Off Under System Strength Rules
Brent
7 Jul
UAE Crude Push Tests OPEC Cohesion Two Months After Exit
OPEC
6 Jul
Crude Bears Eye $58 Technical Target as ICE Brent Front-Month Slides Well Below War Peak
Brent
6 Jul
Brooklyn Startup Turns Commercial Stoves Into Thermal Batteries, Claims 80% Peak Draw Cut
Brent
6 Jul
Sales of Nobelwind and Northwester 2 to JERA Nex bp have been completed.
JERA
6 Jul
The inventory rebuild the crude market is assuming may not arrive on schedule
Brent
6 Jul
OPEC+ Raises Output Targets as Hormuz Reopens, But Recovery Pace Remains Contested
Strait of Hormuz
6 Jul
Eni Forms Trading Venture With Mercuria to Boost Commodity Profits
Eni
6 Jul
Saudi Gasoline Surplus Presses NYMEX RBOB as Atlantic Supply Builds
RBOB
6 Jul
Oil Execs Predict Future WTI Oil Prices
WTI
6 Jul
Asia Raises Biofuel Mandates to Reduce Dependence on Middle East Crude
EIA
5 Jul
Urals faces a double test: softer ICE Brent and shadow fleet attrition
Urals
5 Jul
OPEC Weighs Another Intervention as Brent Trades Far Below Its Own War Premium
Brent
5 Jul
Seven OPEC+ Countries Just Raised Oil Output Again, but the Barrels Cannot Get Out
OPEC+
5 Jul
Trump's Break With Europe Forces a Rethink on Technology and Energy Supply
Brent
5 Jul
Canada Clears New Pacific Pipeline With 1 Million Barrel Capacity
Canada
5 Jul
BP Trading Chief Carol Howle to Retire in Third Quarter as Sam Skerry Steps Up
BP
5 Jul