The World Bank, IEA, Goldman Sachs, and EIA all publish oil price forecasts for 2026 and 2027. Here's what they're projecting, why the ranges are so wide, and what has to happen for each scenario to play out.
The oil forward curve shows what futures markets think oil will cost months or years from now. Here's how to read it, what it actually tells you, and what the current curve says about the Hormuz crisis.
The US Strategic Petroleum Reserve holds about 700 million barrels in Gulf Coast salt caverns. Here is how a release works, how long it takes to reach the market, and why it helps less against prolonged disruptions than brief ones.
Brent crude is trading about $8 above WTI right now. Here is what drives that gap, why it matters, and what the current spread says about global supply.
NYMEX is where WTI crude oil futures trade. Understanding what it is, how it works, and how it differs from ICE — where Brent trades — explains a lot about how the oil price you see on a screen gets set.
When you see an oil price quoted on a financial news site, you're almost always looking at the front-month futures contract. Here's what that means and why it matters.
Oil at $200 would require multiple simultaneous supply shocks. Here are the specific conditions that could push crude to that level — and how likely each one is.
The SPR is the world's largest emergency oil stockpile, and the U.S. government has used it as a market tool more than once. Here's how it works and why it matters.
The price on the pump sign isn't random, it's the sum of crude oil, refining margins, distribution, taxes, and the station's razor-thin cut. Here's how it all adds up.
The shape of the oil futures curve reveals more about supply and demand than any single headline. Here's how to read it, and why it matters more than the spot price.
Two benchmarks dominate global oil pricing. Here's why both exist, how they differ, and what the spread between them tells you about the market.
WTI. West Texas Intermediate, is the benchmark for U.S. oil pricing. Here's what it actually is, where it comes from, and why it matters.