Oil & Gas Market Watch

US strikes on Iran-linked targets and a maritime blockade near Iranian ports have renewed fears of Strait of Hormuz disruptions, lifting Brent to...

Russia's energy export strategy faces simultaneous military and diplomatic pressure, disrupting both oil logistics and gas ambitions.

• Shadow fleet...

• EIA cuts 2026 U.S. regular gasoline forecast from $3.90 to $3.64/gal and 2027 from $3.64 to $3.09/gal.
• Brent drops to $81.91/bbl and WTI to...

The U.S. delivered 93% of worldwide LNG export growth in 2025, adding 1.10 trillion cubic feet out of 1.2 trillion total. That lifted American exports...

Hormuz Geopolitical Risks Lift Oil

• 🔥 11% Weekly Surge: WTI and Brent crude posted 11-12% weekly gains as US-Iran strikes and threats to Strait...

US oil rig count increased by 30 year-over-year for the week ending July 17, with international benchmark Brent crude futures at $88.10 per barrel.

Oil's 11% rally shows traders embedding geopolitical risk through both real supply threats and speculative positioning.

Physical markets tightened as...

• Brent oil (+3,225 contracts) and heating oil (+3,214 contracts) led weekly speculator gains.
• All six energy markets rose, with Brent jumping...

Speculation that Andy Burnham would relax North Sea drilling rules has now hardened into a planned announcement after he becomes PM on Monday.

The...

Key forces reshaping global oil flows:

• Russian refining capacity cut to 39 million b/d after Ukraine struck 24 of 34 major refineries, shifting...

Geopolitical Tensions Lift Oil Prices

• 🔥 US-Iran Conflict Drives Gains: September WTI crude posted its strongest weekly gain in months, rallying...

• Market psychology shift: After a decade of assuming abundant supply and replaceable disruptions, traders now price geopolitical threats to routes...

API weekly data acts as the first read on U.S. crude, gasoline, and distillate stocks, released Tuesdays at 4:30 p.m. ET ahead of the EIA report.

Key...

Refined fuel shortages from Russian refinery outages, export bans by Russia, China and Türkiye, and Middle East tensions are creating acute diesel and gasoline tightness that threatens the global economy more immediately than any crude glut.

Japan's top LNG buyer JERA is studying a potential U.S. IPO as a springboard for international expansion, moving beyond its traditional Tokyo listing...

• Bullish forces: Renewed US-Iran strikes and near-halted Hormuz traffic lift Brent 4% to $87.83, with 13.6M b/d supply shock.
• Bearish...

U.S. LNG exports are on track to become America's second-largest net export industry within five years, doubling demand to 36 bcf/d while household...

• Gulf crude flows remain at just 50% of pre-war levels, with over 10 million b/d offline as tanker attacks resume.
• Qatar LNG exports stay halted,...

JERA is assessing a potential U.S. listing to accelerate its international LNG expansion, moving beyond its traditional Tokyo focus while launching a...

US LNG Export Surge and Economic Impact

• 🔥 S&P Global LNG Outlook: U.S. LNG exports projected to nearly double by 2031 and become the...