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, EIA reported 1.969 million barrels per day in US crude oil exports. Here's how many barrels we tracked leavin during the week ending November 23rd, 2018.

Summarized 21 day daily average report of crude oil exports, presented in barrels per day. A detailed series of monthly reports will be available for each country on December 2nd for the full month of November.

Waivers have been issued by the US to eight countries, allowing them to import oil from Iran. So far, we have for the most part seen Iranian tankers ship off the oil (albeit cloaked), but this is the first time we see a foreign tanker signal Iran as its destination.

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!

The National Iranian Tanker Company has successfully managed to outsmart trackers worldwide, but there are limits to how far they can keep their vessels offline.

A tanker belonging to the National Iranian Tanker Company (NITC) departed Iran with a million barrels earlier this month, and seems to have done a u-turn.

Here's an overview of how many barrels USA exported during the week ending Friday, November 16th, 2018. The barrel price slide by $4 during that time.

Here's our detailed reports for crude oil exports for each country we tracked during the first 14 days of November 2018, in barrels per day.

Here is our summarized report for crude oil exports tracked during the first 14 days of November 2018. Note that Iran's data is based on 15 days of data.

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?

Last week, EIA reported US crude oil exports to be at 2.405 million barrels per day during the week prior. Let's have a look at what was exported out of the US last week, shall we?

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.