Rory Johnston

@rory_johnston

oil market researcher | founder of https://www.CommodityContext.com/ | former bank economist | markets, code, barbecue | subscribe to my research:

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World & Business

Brent crude reportedly at $111 after briefly testing $112

A user posted that Brent was at $111 after briefly testing $112 early on October 20.

12 Sources, 17h ago, updated 17h ago

World & Business

Oil supply shock called the biggest ever by volume

A commentator says an initial oil surplus and ample stocks have helped cushion prices and the economy so far.

1 Source, 15d ago, first seen 15d ago

World & Business

Saudi Arabia cuts November crude prices for Asia, raises them for parts of Europe

Reuters reports Arab Light for Asia was priced $5 a barrel below the Oman-Dubai average, down $3 from October.

12 Sources, 15d ago, updated 15d ago

World & Business

Oil flows may be slowing after a rebound as Brent hovers around $100

One post notes a surge in Hormuz attacks after outbound oil flows rebounded, but cautions that any slowdown remains tentative.

17 Sources, 12d ago, updated 12d ago

World & Business

Middle East crude exports reportedly rebound to 98% of prewar levels

A September 30 post cites JPMorgan for Middle East crude exports of roughly 17.5 million barrels a day. It says 40% of September exports avoided the Strait of Hormuz, while diesel, gasoline and jet fuel exports remained around 50% of normal.

5 Sources, 20d ago, updated 20d ago

World & Business

Brent reportedly tops $107 briefly as hopes for US-Iran progress fade

A September 28 post said oil rose as hopes for US-Iran progress faded, with Brent briefly above $107, stocks down and bond yields up. Another post argued that improved oil flow through Hormuz still leaves a sizable supply deficit.

3 Sources, 21d ago, first seen 21d ago

World & Business

Iran proposes reopening Strait of Hormuz within seven days, pending a US decision

Al Jazeera reported on September 25, 2026, that Iran’s foreign minister said the choice rested with the US. The outlet said the plan was based on a memorandum of understanding brokered in June.

2 Sources, 25d ago, first seen 25d ago

World & Business

U.S. reportedly gauges interest in more Strategic Petroleum Reserve loans

A post quotes a report citing market sources on more crude loans within a 172-million-barrel reserve drawdown. A separate account, citing Iranian state TV, says Tehran repeated its demands for reopening Hormuz.