Last week, the EIA posted a draw of 7.332 million barrels on account of a new record in exports; at 3.203 million barrels per day. Here is our forecast of last week's crude oil storage change.

A lot of headlines and stories are coming out of Libya via media outlets and the National Oil Company (NOC). Here's what we're seeing.

Oil ministers will gather tomorrow in Vienna to agree on a number of barrels to cut in production in order to "balance the market" or "boost the price", depending on who you ask.

Last week, EIA reported a build in crude oil inventory of 3,577,000 barrels even though refinery runs are running higher now. Let's see where this week lands us.

Using day-fresh satellite imagery, we are able to spot the tankers and VLCC supertankers currently parked in Iran's waters. Most of these vessels are no longer broadcasting their positions via AIS (Automatic Identification System).

Last week, EIA reported a build of 4.851 million barrels in commercial crude oil. Total storage change for the year is +22.3 million barrels as production has risen by 1.9 million barrels per day since year-to-date. What will the coming EIA report show?

Last week, the EIA reported a crude oil build of 10.269 million barrels as production was placed 100Kbpd higher while exports dropped 400Kbpd from week prior. Here's our forecast for the week!

We have recalculated Iraq's oil production figures based on all the numbers they provided JODI Data, in addition to the satellite imagery we have collected.

Last week's blunder in our forecast was on account of the EIA production revision we forgot to factor in. Won't happen again! This time, there's been a transfer of 1.4 million barrels from the US SPR to commercial entities. What'll the result show?

Russia's Ministry of Energy released their October report for crude oil and condensates. It amounts to 11.412 million barrels per day in production, 5.5 million barrels per day in exports and 5.542 million barrels per day in refining. Here's what it looks like when we process it.

Last week's EIA report showed a build of 3.213 million barrels versus our forecast of a 4.556 million barrel build. That means we were on the right side of zero for seven weeks straight! What'll it look like this time?

Last week, EIA posted a build of 6.342 million barrels vs our forecast of 6.107 million barrel build. Here's our forecast for week ending October 26th, 2018.

Last week, the EIA reported a build of 6.489 million barrels versus our forecast build of 2.689 million. Here is our forecast for the coming EIA report.

Find out how many crude oil barrels per day Saudi Arabia has shipped out of its latest (revived) Red Sea terminal after a 27 year long hiatus!

We spent over two months manually identifying, measuring and cataloging potential storage space for crude oil across China. It took a lot of research as many of the high resolution satellite images were outdated.