Oil is up more than 4% this morning, and it had two reasons to jump. Reports say Washington is getting ready for a possible return to “major combat operations” against Iran. At the same
Iraq devalued its currency on Wednesday, setting the dinar at 1,520 per U.S. dollar, roughly 14.5% below the old official rate, according to Reuters. Oil pays most of Iraq's
Brent crude is back above $100 this morning. A tropical storm aimed at the Gulf Coast and more Iranian attacks on tankers near Hormuz gave traders two reasons to bid oil up, a day
The U.S. Strategic Petroleum Reserve held 283 million barrels as of Friday. This is the lowest level since October 1982, according to Energy Department data. The SPR is the government's emergency
Iran and the Houthis are still firing at the Gulf's oil system. Crude fell anyway, with Brent, the global benchmark, down 2.7% to about $97.66 for its third straight losing session.
October 6, 2026 Oil prices fell Tuesday because more Middle Eastern crude is reaching buyers, easing concerns about supply. Saudi Arabia’s export recovery and a planned emergency reserve release are giving traders less
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Watch the trend. Compare WTI and Brent over the same period. A widening gap can reflect different regional supply conditions.
Look for confirmation. Compare oil with producers and refiners. Their shares also respond to costs, margins and company news.
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Report snapshot · September 9, 2026. Colors summarize the cited report and editorial watch points, not live vessel conditions.
PRODUCTION & TRADE ROUTESColor = editorial supply-stability assessment. Larger circles = more reported production; tap for exact volume and period. Diamonds = shipping corridors or lost output, excluded from production sizing. Colors and volumes are dated report snapshots unless a fresh assessment is shown.
mb/d = million barrels per day. Regional sums use the countries named in each card. Estimates, forecasts, lost output and shipping volumes are labeled separately. Base map: Wikimedia Commons.
Latest completed-quarter estimates versus the year-end forecast.
Petroleum & other liquids · mb/d · Zero-based bars
EIA, September 9, 2026 · Table 3b ↗
A smaller draw still means inventories are falling.
EIA, September 9, 2026 · Global outlook ↗
Compare new inventory reports with the expected recovery in supply. Slower drawdowns can ease scarcity; renewed export losses can reverse that.
Higher crude prices can support producer revenue, but costs, hedges and production volumes determine the earnings benefit.
Fuel scarcity can support refining margins. The useful signal is the value of finished fuels relative to crude and operating costs.
Announcements matter most when export loadings, production and inventories confirm the change.
Scenario framework, not personalized investment advice. Company symbols are a research watchlist, not buy signals. Report figures are a dated baseline and do not refresh automatically.
Oil is up more than 4% this morning, and it had two reasons to jump. Reports say Washington is getting ready for a possible
Iraq devalued its currency on Wednesday, setting the dinar at 1,520 per U.S. dollar, roughly 14.5% below the old official rate,
Brent crude is back above $100 this morning. A tropical storm aimed at the Gulf Coast and more Iranian attacks on tankers near Hormuz
The U.S. Strategic Petroleum Reserve held 283 million barrels as of Friday. This is the lowest level since October 1982, according to Energy
Iran and the Houthis are still firing at the Gulf's oil system. Crude fell anyway, with Brent, the global benchmark, down 2.7% to about $97.66 for its third straight losing session.
October 6, 2026 Oil prices fell Tuesday because more Middle Eastern crude is reaching buyers, easing concerns about supply. Saudi Arabia’s export recovery
Suncor Energy is selling its stakes in three oil fields off Newfoundland to Ithaca Energy for C1.2billion(US860 million) in cash. At the
Saudi Aramco surprised the oil market Sunday by cutting its November crude price for Asian buyers to the lowest level since June 2020. The
