Commodity Context
Rory JohnstonData-centric, visualization-forward oil market research | Thematic deep-dives, monthly data reports, and a weekly market wrap-up every Friday
| Platform |  | Pricing | Freemium | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 412 | Subscribers | Read | commoditycontext.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Oil Context Weekly (W52)
Crude prices rise through Christmas only to completely reverse course in a Boxing Day selloff; oil markets closing out 2025 at extremely oversold levels and refining margins have fallen back to earth
Global Oil Data Deck (December 2025)
Global liquids market balances loosened further in October and remained acutely oversupplied, with the observed surplus continuing to be validated by large global visible stock builds.
Oil Context Weekly (W51)
Crude price fell to lowest level since 2021 amidst intense speculative selling pressure—and likely record net-short spec position—before Trump’s Venezuela blockade declaration arrested the rout.
Oil’s Off-Balance-Sheet Glut
Global petroleum stocks in 2025 have risen at their fastest pace since 2020, but the product mix, geography, and stage many of these barrels occupy in the supply chain has thus far spared crude prices
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Authors
The writers behind this newsletter.
Data-first, visualization-forward commodity market researcher specializing in the oil & gas industry.
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