Oil & Upstream
Crude oil, OPEC+, US shale and upstream energy market news and analysis for commodity traders.
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
India Rebuilt Crude Stocks to Near Pre-War Highs but Strategic Reserves Cover Just Eight Days
India
5 Jul
JPMorgan Cuts 2027 Oil Forecast to $64 as Brent Erases Its Hormuz Premium
Brent
4 Jul
Soaring Imports Push India’s Crude Stocks to Near 1-Year High
India
4 Jul
Oil Inventories Keep $72 Floor Intact Even as US-Iran Talks Drag
United States
4 Jul
Oil's price collapse is running ahead of the inventory data
Brent
4 Jul
TotalEnergies Offers Millions of Iraqi Barrels to Asian Buyers
TotalEnergies
4 Jul
China, India: observed_fact / backward_looking claim — India was shown in the review to be the third biggest total oil l
China
4 Jul
Hormuz Traffic Is Recovering. The Oil Supply Math Isn't.
Strait of Hormuz
4 Jul
USMCA Was Once Trump’s Brainchild. Now, It’s a Dead Deal Walking — involving Strait of Hormuz, Trans Mountain, Asia, Can
Strait of Hormuz
3 Jul
Citi Calls $60 Brent as Europe Cuts US LNG on Price, Hormuz Normalises
Brent
3 Jul
The UAE's departure from OPEC shakes up the alliance that influences oil prices worldwide — involving Strait of Hormuz,
Strait of Hormuz
3 Jul
Distillate Build Masks a Supply Deficit That ULSD Bears Are Looking Past
ULSD
3 Jul
Canada Opens Second Pacific Oil Conduit, Adding Long-Run Supply Pressure on WTI
WTI
3 Jul
SEE Power Markets Face Q3 Spike Risk as Heatwaves Threaten to Overwhelm Nuclear Buffer
TTF
3 Jul
US Political Gridlock May Be More Bullish for Oil Than Markets Assume
United States
3 Jul
Europe's Largest Economies Face $600 Billion Heat Cost by 2030
France
3 Jul
Heat Losses and a Distracted Washington Add to Europe's Energy Pressure
France
3 Jul
EIA Reports 6.7 Million-Barrel U.S. Crude Draw for Week of June 25
EIA
3 Jul
Brent Edges to $72 as Saudi Tankers Exit Hormuz, Demand Recovery Lags
Brent
3 Jul
Aramco Pivots to Spot Sales as Saudi Crude Surges Through Reopened Hormuz
Strait of Hormuz
3 Jul
Bypass Routes Ease Gulf Supply Fears but Iraq's Output Gap Remains Wide
Iraq
2 Jul
UAE Pipeline Plan Exposes OPEC's Shrinking Grip After Abu Dhabi's Shock Exit
OPEC
2 Jul
Oil's diplomatic bounce looks fragile as war-premium unwind runs ahead of the peace process
WTI
2 Jul
Brent's Round-Trip to Pre-War Levels Masks a Strategic Reserve Drawdown That Hasn't Reversed
Brent
2 Jul
Hungary to join EU balancing platforms on 1 October, Mavir says
Brent
2 Jul
Workhorse Says Electric Vans Pay Back in Three to Five Years, But Only at Current Fuel Prices
United States
2 Jul
EDF Holds 1.9 GW Offline as Rhone Restrictions Outlast the Heat
EDF
2 Jul
Orica Takes $432m FID on Hunter Valley Hydrogen Hub
Australia
2 Jul
Bloomberg: Only two cities globally have over 1,000 robotaxis operating at scale
Brent
1 Jul
Ethiopia Breaks Creditor Holdout With $1 Billion Bond Deal
United Kingdom
1 Jul
Gold and Oil Both Shed Their Iran War Premium, but for Different Reasons
Iran
1 Jul
D.C. Circuit Upholds Biden EPA Soot Rule, Defying Industry Challenge
United States
1 Jul
Eversource Offers $275/kW to Batteries as ISO New England Braces for Peak Load
Brent
1 Jul
Eni and XRG Take 32% Stakes Each in Vaca Muerta Blocks Ahead of Argentina LNG FID
Eni
1 Jul
AfD Opens Back Channel to Moscow on Nord Stream as Merz Polls Collapse
Gazprom
1 Jul
Solar Cold Rooms Give African Farmers a Route Around the Grid
Brent
1 Jul
JERA's EBITDA Surges Past Target as Net Income Falls Short, Company Eyes 2035 Expansion
JERA
1 Jul
Sinopec First-Quarter Profit Jumps 27% as Chinese NOC Filings Confirm State Shareholder Restraint
Sinopec
1 Jul