The footage of drones attack on St Petersburg oil terminal and Vysotsk port
u/Any-Individual5262 — 4 hours ago
r/oil
▲ 205 r/oil
Yahoo Finance: "Regardless of timing, one thing is certain: a wave of oil is about to enter the market," the strategists wrote. "And here lies the paradox. The surge in oil supply is about to collide with a market that, at least for now, simply does not need it."
finance.yahoo.comu/Bluest_waters — 7 hours ago
▲ 4 r/oil
Weekly MEGATHREAD July 05, 2026 : US Blockade of the Strait of Hormuz is LIVE – All tanker drama, oil panic, missile hits, Iran retaliation posts belong HERE
This is posted weekly at 0900 am AUET on Monday
This is the one official Hormuz Blockade Weekly Megathread
Is it open yet: https://www.ishormuzopenyet.com/
Everything else gets yeeted into the void (or at least politely redirected here). New articles, memes, wild speculation, questions about how screwed your superannuation is, grainy satellite pics of tankers doing U-turns — drop it all below.
Overview on Iran and the situation: https://www.iransitrep.com/
u/AutoModerator — 1 hour ago
WSJ: A sudden glut of oil threatens to weaken Iran’s hand in talks
reddit.comu/InsignificantCookie — 7 hours ago
▲ 413 r/oil
A cargo vessel came under attack by the Houthis 30NM southwest of Al Hudaydah, Yemen, in the first attack in the Bab el-Mandeb Strait area since the war began, per UKMTO.
u/Waste-Explanation-76 — 12 hours ago
▲ 42 r/oil
'We're hurdling towards the wall unless thing radically improve soon': Nuttall on oil
The market can stay irrational longer than you can stay solvent -> the market can stay irrational until physical shortage driven demand destruction.
When does China come back to the market?
Why is the straight is open parroted when volume of shipping is still a fraction of pre war traffic?
u/TylerWilson38 — 8 hours ago
▲ 42 r/oil
Oil Prices Are Falling, but OPEC Plus Pledges to Pump More
nytimes.comu/Appropriate-Till9598 — 10 hours ago
Seven OPEC+ Countries Just Raised Oil Output Again, but the Barrels Cannot Get Out
spindepth.comu/aymannasri_tcg — 13 hours ago
▲ 149 r/oil
British military says cargo ship reports being under attack in the Red Sea off the coast of Yemen
apnews.comu/Worried_Quarter469 — 12 hours ago
▲ 8 r/oil
Daily Oil Price Opinions - July 05, 2026 All other Oil Price Posts Will Be Removed
What are your thoughts on today’s oil price? Drop your opinions, predictions, charts, memes , low and high effort post, your AI slop or even analysis below. Keep it civil and on-topic! This post is renewed daily.
Unless there is some compelling reason, other posts in the sub about oil prices will be removed. In a futile effort to improve the quality.
(Current WTI/Brent price can be checked on any major site.)
u/AutoModerator — 13 hours ago
▲ 3 r/oil
Venezuela Update
The video starts with a description of the current Venezuela oil situation. It seems the USA is selling Venezuela crude but holding the money.
The video them goes on to review the current situation including the earthquake and the political future.
It does not talk about damage to oil facilities.
u/Secret-Temperature71 — 6 hours ago
An interesting series on the interconnected pieces of what we typically call "the climate".
Part 1 of The Cascade looks at how climate stress, geopolitical chokepoints, pandemics, food systems, energy markets, and institutional fragility interact. The argument isn’t one apocalyptic prediction, but that risks compound when separate systems fail at the same time.
"Ludwig Boltzmann, who spent much of his life studying statistical mechanics, died in 1906, by his own hand. Paul Ehrenfest, carrying on the work, died similarly in 1933. Now it is our turn to study statistical mechanics."
u/agent139 — 13 hours ago
▲ 50 r/oil
Why crude oil prices are falling?
Why the crude oil prices are falling literally? Even though every one says that the strait is opened, we all can agree that it's not open clearly. And yeah, US is releasing SPR, China have reduced importing but those two factors will NOT last long especially since US SPRs decreasing very fast. What do you think? What are other possible reasons behind this
u/Mystique_wolff — 19 hours ago
Iran's IRGC has completely shut down the US-backed Omani corridor in the Strait of Hormuz with its speedboat fleet, with not a single vessel using the corridor for more than half a day, per marine traffic data.
u/Waste-Explanation-76 — 1 day ago
▲ 935 r/oil
Iran rejects Trump's demand of a toll-free Strait of Hormuz, announcing China will be granted "special considerations" on Iran's planned Strait of Hormuz fees at the World Peace Forum in Beijing
u/Waste-Explanation-76 — 1 day ago
Lapid: Israel should have bombed Iran’s oil, energy infrastructure during war
timesofisrael.comu/Appropriate-Till9598 — 1 day ago
▲ 46 r/oil
US oil companies see big profit jump, gird for clash over pump prices with Trump
reuters.comu/mark000 — 24 hours ago
▲ 53 r/oil
UK, France say ready to deploy multinational force to secure Strait of Hormuz
aa.com.tru/Romegaheuerling — 1 day ago