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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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Issues466Founded5 years agoLast Issue6 days ago
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Latest Issues

Context Call: June 2026 (Video)

Updates to our tracking of transits through the Strait of Hormuz, the critical role of China in counterbalancing the loss of Middle Eastern exports, and continuing to wait for scarcity pricing.

Thank you to all the subscribers who turned o...

6 days ago
10
1
Paid

[FREE] A Beginner’s Guide to Reopening the Strait

Hello, Commodity Context subscribers!

Our latest contribution to the Dispatch Energy newsletter, A Beginner’s Guide to Reopening the Strait, is reprinted in full below. You can also listen to the story via the recorded voiceover.

If you e...

6 days ago
35

North American Oil Data Deck (June 2026)

Production growth stabilizes in the US and slows in Canada; US refinery yields shifted sharply in favour of globally-scarce jet fuel but at the expense of gasoline.

This 47-page June 2026 edition of my monthly data-dense, visualization-hea...

7 days ago
23
Paid

Oil & Iran War Context Weekly (W22)

Crude prices crater on further—though, as always, unrealized—US-Iran deal optimism and close out largest monthly decline since 2020; more diplomacy needed before physical Hormuz unwinding can begin.

Happy Friday, Oil Watchers!

11 days ago
48
Paid

Global Oil Data Deck (May 2026)

The global liquids market flipped from protracted surpluses to the largest monthly average supply deficit on record in March, forcing the steepest ever drawdown in global stocks.

This 71-page May 2026 edition of my monthly data-dense and v...

14 days ago
48
2
Paid

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  • Rory Johnston

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

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