Economics ❯ Market Analysis ❯ Supply and Demand ❯ Inventory Levels

Crude Stockpiles

U.S. Issues 60‑Day Iran Oil License as Hormuz Traffic Resumes and Crude Falls

A Treasury waiver and rising tanker movements have pushed benchmark oil to multi‑month lows as markets price in returning Iranian supply.

OPEC+ Freezes 2026 Output and Sets Capacity Review for 2027 Quotas

OPEC+ Accelerates August Supply Increase to 548,000 bpd as Oil Prices Hold in High-$60s