Oil

Back to all posts

[UPDATE] Middle Eastern supply recovery postponed to early 2027

[UPDATE] Middle Eastern supply recovery postponed to early 2027

Record oil-on-water volumes limit the next leg higher in crude

Record oil-on-water volumes limit the next leg higher in crude

New pipelines bypassing the Strait of Hormuz could come online in 1-2 years

New pipelines bypassing the Strait of Hormuz could come online in 1-2 years

Dubai still searching for a bottom as Hormuz flows recover

Dubai still searching for a bottom as Hormuz flows recover

Despite a 60-day sanctions waiver, Iranian oil will mainly flow to China

Despite a 60-day sanctions waiver, Iranian oil will mainly flow to China

Returning Persian Gulf barrels risk a short-term supply glut

Returning Persian Gulf barrels risk a short-term supply glut

WTI flirts with physical squeeze as Cushing buffers evaporate

WTI flirts with physical squeeze as Cushing buffers evaporate

The unsanctioned supply paradox – what could lie ahead for crude markets

The unsanctioned supply paradox – what could lie ahead for crude markets

Why the real oil shock may only begin when China returns

Why the real oil shock may only begin when China returns

[UPDATE] Running out of barrels: cumulative oil losses reach 961 Mbbls, a few days short of 1 billion barrels

[UPDATE] Running out of barrels: cumulative oil losses reach 961 Mbbls, a few days short of 1 billion barrels

Drawing down: How the market is absorbing the Hormuz shock

Drawing down: How the market is absorbing the Hormuz shock

What’s behind the UAE’s exit from OPEC?

What’s behind the UAE’s exit from OPEC?

US tightens the screws on Iranian oil, drawing China into the fray

US tightens the screws on Iranian oil, drawing China into the fray

Balances turn negative amid 6 Mbd supply cut in May-June

Balances turn negative amid 6 Mbd supply cut in May-June

[UPDATE] Running out of barrels: cumulative oil losses reach 430 mbbls

[UPDATE] Running out of barrels: cumulative oil losses reach 430 mbbls

Resumption of Iraqi flows via Strait of Hormuz?

Resumption of Iraqi flows via Strait of Hormuz?

Iran war and the strait of Hormuz: Oil market implications six weeks in

Iran war and the strait of Hormuz: Oil market implications six weeks in

Chokepoint risks could tighten crude supply as Houthis enter the conflict

Chokepoint risks could tighten crude supply as Houthis enter the conflict

The WTI-Brent blowout: war risks meet the export ban threat

The WTI-Brent blowout: war risks meet the export ban threat

EXPLAINER: Why Kharg Island is the backbone of Iran’s oil economy – and its greatest vulnerability

EXPLAINER: Why Kharg Island is the backbone of Iran’s oil economy – and its greatest vulnerability

Oil tops $100/bbl as prospects for quick Hormuz reopening dim

Oil tops $100/bbl as prospects for quick Hormuz reopening dim

US waiver on Russian crude offers near-term relief for India’s crude hunt, not a fix

US waiver on Russian crude offers near-term relief for India’s crude hunt, not a fix

Middle East conflict - oil market implications: a continuing assessment

Middle East conflict - oil market implications: a continuing assessment

Hormuz shock reprices crude but storage constraints force a fast resolution

Hormuz shock reprices crude but storage constraints force a fast resolution

Brent prices balancing risks within US-Iran conflict

Brent prices balancing risks within US-Iran conflict

US-Iran conflict: Strait of Hormuz crisis reshapes global oil markets

US-Iran conflict: Strait of Hormuz crisis reshapes global oil markets

The last gasp of a regime: the Israel/US coalition against Iran

February 28, 2026

The last gasp of a regime: the Israel/US coalition against Iran

Strait Of Hormuz watch amid Iran conflict risk – tracking crude flows, interference and diversions in Kpler

February 28, 2026

Strait Of Hormuz watch amid Iran conflict risk – tracking crude flows, interference and diversions in Kpler

Strong US stock draw reinforces bullish narrative

February 23, 2026

Strong US stock draw reinforces bullish narrative

US–India trade deal reshapes India’s crude buying pattern

February 12, 2026

US–India trade deal reshapes India’s crude buying pattern

India–US trade deal to reshape marginal crude flows, not displace Russian barrels

February 4, 2026

India–US trade deal to reshape marginal crude flows, not displace Russian barrels

US supply drops sharply, but WTI support may prove short-lived

January 27, 2026

US supply drops sharply, but WTI support may prove short-lived

Crude oil: Top 5 market drivers in 2026

January 14, 2026

Crude oil: Top 5 market drivers in 2026

Maduro captured: Venezuela’s oil future at a crossroads

January 5, 2026

Maduro captured: Venezuela’s oil future at a crossroads

US pressure clouds Venezuelan crude exports to China, but spot supply remains ample

December 16, 2025

US pressure clouds Venezuelan crude exports to China, but spot supply remains ample

Producers cut prices to defend market share as fundamentals soften

December 10, 2025

Producers cut prices to defend market share as fundamentals soften

Venezuelan supply and export scenarios under a US military intervention

December 2, 2025

Venezuelan supply and export scenarios under a US military intervention

Rosneft and Lukoil sanctions are live: how India, China and Turkey adapt rather than exit

December 2, 2025

Rosneft and Lukoil sanctions are live: how India, China and Turkey adapt rather than exit

Can Venezuela hit its ambitious 1.4 Mbd target by year-end?

Can Venezuela hit its ambitious 1.4 Mbd target by year-end?

Washington renews Iran blockade

Washington renews Iran blockade

IRGC attacks renew Hormuz transit risks as re-established flows and 70 mb of delayed crude head to Asia

IRGC attacks renew Hormuz transit risks as re-established flows and 70 mb of delayed crude head to Asia

Saudi’s Aug OSP cuts reinforce oversupply concerns as demand recovery falls behind

Saudi’s Aug OSP cuts reinforce oversupply concerns as demand recovery falls behind

Russian barrels to fill Chinese crude stocks?

Russian barrels to fill Chinese crude stocks?

From backwardation to contango: European crude diffs reflect ample supply

From backwardation to contango: European crude diffs reflect ample supply

Weather-related seasonality of crude supply comes to the fore

Weather-related seasonality of crude supply comes to the fore

From "help Is on the way" to "let the oil flow"

From "help Is on the way" to "let the oil flow"

Venezuelan crude fills the feedstock gap left by Middle Eastern disruption

Venezuelan crude fills the feedstock gap left by Middle Eastern disruption

Crude market adapts as Mideast supply gradually returns and demand lags

Crude market adapts as Mideast supply gradually returns and demand lags

US shale growth stalls amid a tug-of-war

US shale growth stalls amid a tug-of-war

From supply shock to demand anxiety: China’s demand takes centre stage in the crude market

From supply shock to demand anxiety: China’s demand takes centre stage in the crude market

SPR & GoM grades drive on record US crude exports, but downside awaits

SPR & GoM grades drive on record US crude exports, but downside awaits

Middle East output losses hold firm despite export workarounds

Middle East output losses hold firm despite export workarounds

Why a 20 mbd supply shock is no longer moving oil prices

Why a 20 mbd supply shock is no longer moving oil prices

Chinese economy struggles in April as oil imports precipitously decline

Chinese economy struggles in April as oil imports precipitously decline

Dangote: Every Barrel Sourced, Every Opportunity Seized

Dangote: Every Barrel Sourced, Every Opportunity Seized

Heavy CTA selling deepens oil time spread weakening on fragile US-Iran optimism

Heavy CTA selling deepens oil time spread weakening on fragile US-Iran optimism

Running out of barrels: cumulative oil losses reach 870 Mbbls this week, surpassing 1 billion barrels in late May

Running out of barrels: cumulative oil losses reach 870 Mbbls this week, surpassing 1 billion barrels in late May

VLCC huge laden with Iranian crude spotted heading up towards China

VLCC huge laden with Iranian crude spotted heading up towards China

Drawing down: How the market is absorbing the Hormuz shock

Drawing down: How the market is absorbing the Hormuz shock

Bucking the trend: Why China is still building stocks amid global supply disruptions

Bucking the trend: Why China is still building stocks amid global supply disruptions

Cushing inventories to test tank bottoms, curbing record US crude exports

Cushing inventories to test tank bottoms, curbing record US crude exports

Non-OPEC targets quick crude boost as ‘band-aid’ to supply shock

Non-OPEC targets quick crude boost as ‘band-aid’ to supply shock

Beyond Hormuz: The pipeline routes that could reshape Gulf oil flows

Beyond Hormuz: The pipeline routes that could reshape Gulf oil flows

US naval blockade threatens further 1.8 Mbd supply outage

US naval blockade threatens further 1.8 Mbd supply outage