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Oil & Upstream

Crude oil, OPEC+, US shale and upstream energy market news and analysis for commodity traders.

Carnival's Unhedged Fuel Book Captures Full Benefit of Crude Weakness
Brent 24 Jun
Oil and Gas Retreat From Hormuz Peak, Cutting Energy's Inflation Contribution
Strait of Hormuz 24 Jun
Iran sanctions waivers have not delivered the supply surge oil bears expected
Iran 24 Jun
Oil Tankers Resume AIS Broadcasts at Hormuz as Traffic Slowly Recovers
Strait of Hormuz 24 Jun
US Crude Draw Shrinks to 765,000 Barrels as Iran Premium Continues to Drain
United States 23 Jun
Iran Concedes on Nuclear Inspectors as Crude Market Shrugs
Iran 23 Jun
Interior Department Revises Federal Land Drilling Rules to Lower Costs for US Oil Producers
United States 23 Jun
WTI Holds at $73 as Volatility Spike Fails to Rattle Crude
WTI 23 Jun
Santos, Australia: forecast / forward_looking claim — The first production wells are now delivering 20,000 barrels per d
Santos 23 Jun
M Resources' Coal Portfolio Carries a Third of NSW Mine Methane on 3% of Output
Brent 23 Jun
US-Iran Interim Deal Opens Path to Sanctions Relief and Resumed Oil Exports
United States 23 Jun
Brent at $77 Prices a Peace Deal the Pentagon Hasn't Signed Yet
Brent 23 Jun
Macquarie Beetaloo Bet Draws Record Shareholder Climate Vote
Australia 23 Jun
The Cushing buffer the WTI bears are pricing out
WTI 23 Jun
China's Import Cut and Reserve Draw Are Capping the Oil War Premium
China 23 Jun
Oil is pricing a fast Hormuz reopening that Tehran has not promised
Strait of Hormuz 22 Jun
China's 1.3 billion barrel oil hoard caps the risk of a $150 crude spike
China 22 Jun
Oil Reroutes Around Hormuz While Gas Buyers Find No Exit
Strait of Hormuz 22 Jun
Brent slips under USD 80 after US-Iran deal clears path to Hormuz reopening
Brent 21 Jun
India leans on UAE's Hormuz-bypass crude as Abu Dhabi speeds its second pipeline
Strait of Hormuz 21 Jun
CME plans compute futures settled in cash like its oil contracts
CME 20 Jun
Oxford institute says Hormuz disruption will speed electrification as the oil premium fades
Strait of Hormuz 20 Jun
U.S. crude draws are bullish on paper. The tape says otherwise.
United States 20 Jun
UK oil lobby presses Treasury on 78% North Sea tax as basin shrinks
United Kingdom 19 Jun
Eavor weighs next phase at Bavarian geothermal plant after rocky commercial start
Germany 19 Jun
China's April Crude Imports Fell 20% as Beijing Drained Unseen Stocks
China 19 Jun
Tories take Aberdeen South as Streeting signals North Sea drilling U-turn
Brent 19 Jun
Permian Gas Keeps Outrunning Crude, Adding Supply Weight to German Baseload
German Power 19 Jun
Crude bears price a fast Hormuz restart the tankers haven't delivered
Strait of Hormuz 19 Jun
Three tankers clear Hormuz, knocking US crude below $100
Strait of Hormuz 19 Jun
Three supply signals the Brent selloff is ignoring
Brent 18 Jun
The crude stockdraw the peace rally is ignoring
Brent 18 Jun
The SPR drain and the stalled tankers: two oil signals the rally is ignoring
US Strategic Petroleum Reserve 18 Jun
US reserves drain at a record pace as Brent bets on a ceasefire
Brent 18 Jun
The US supply signals oil bulls priced past in May
United States 15 Jun
UAE exit from OPEC exposes the cartel’s hollowed-out power
OPEC 13 Jun
Trump-Iran Memorandum Talk Keeps Brent Near $87, Far Below Citi's $120 War Scenario
Brent 13 Jun
Exxon's No-Hedge Book Captures the Full Oil Rally, and Would Catch the Full Fall
ExxonMobil 13 Jun
Bloomberg Survey Pegs Brent Near $100 Even As Futures Curve Points Lower
Brent 12 Jun
WTI sits near $86 while the bull case still cites a record SPR draw
WTI 12 Jun