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Commodity Context

Rory Johnston
Hundreds of paid subscribers

Data-centric, visualization-forward oil market research | Thematic deep-dives, monthly data reports, and a weekly market wrap-up every Friday

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Substack
PricingFreemiumPublishesDaily
Issues494Founded5 years agoLast Issue4 days ago
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Latest Issues

North American Oil Data Deck (September 2026)

Upstream production growth continued to slow stateside while continental consumer demand for gasoline proved more price sensitive than industrial demand for fuels like diesel.

This 47-page September 2026 edition of my monthly data-dense, v...

4 days ago
17
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Oil Context Weekly (W35)

Crude markets ease back as ECONOMIC D-DAY disappoints and Hormuz transits continue to grind higher, while road fuel scarcity worsens and Washington goes imperial in Venezuela’s oil patch.

Happy Friday, Oil Watchers!

10 days ago
30
Paid

Oil Context Weekly (W34)

Crude prices continued to climb amidst diminished US-Iran diplomatic hopes, while sustained diesel crack spreads hit all-time highs as US distillate stocks hit three-decade lows for this time of year.

Happy Friday, Oil Watchers!

17 days ago
38
1
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Global Oil Data Deck (August 2026)

Supply deficits eased modestly in June as a bounceback in Middle Eastern supplies ran into still-weaker Chinese buying; visible stockpiles rose as oil on water surged and onshore inventories cratered.

This 74-page August 2026 edition of my...

17 days ago
36
Paid

Oil Context Weekly (W33)

Crude prices rise on fading hopes of Hormuz management deal and as both sides hunker down for an even longer showdown amidst more shipping attacks and a worsening parallel Red Sea crisis.

Happy Friday, Oil Watchers!

24 days ago
39
Paid

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  • Rory Johnston

    Data-first, visualization-forward commodity market researcher specializing in the oil & gas industry.

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