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Crude Oil A tracked procurement-relevant organisation, company, supplier, country, region, port, commodity, regulator, route or similar subject.

Type The kind of entity being tracked, such as Company, Country, Port, Commodity or Regulator.
Commodity
Record status The current record state of the entity, such as active, merged or archived.
Active
Review status The internal editorial review state of the entity record.
Pending
Description
Deliberately NO bare 'oil' alias -- production audit confirmed 'oil' colliding with non-commodity text (e.g. 'Oil Taxation Manual', a UK government guidance document).
Procurement relevance
Importance An analyst-assigned input describing how strategically important the entity is. This is one of the inputs used to calculate Entity Criticality below -- Importance is the judgement call an analyst makes; Entity Criticality is the deterministic score calculated from it.
Strategic
No
Critical supplier
No
Watchlist Marks an entity for closer monitoring when new relevant signals or events mention it.
Not watched
Mentions The number of distinct real collected signals in which the entity has been identified.
169
First seen
2026-06-09 17:00:00
Last seen
2026-08-20 17:54:31
Record type
REAL
Entity Criticality A deterministic 0-100 score and Tier 1-5 rating of how structurally important this entity is to procurement and supply chains in general -- computed from its importance level, critical-supplier/strategic/watchlist flags and entity type. Country and Region entities are not scored here; they contribute through geographic exposure instead. This is a global assessment, not specific to any one customer's own exposure. TIER 1 · PERIPHERAL 0/100 Whether this entity's criticality inputs have actually been reviewed. A score of 0 can mean either 'assessed and found unimportant' or 'never assessed yet' -- this indicator distinguishes the two so an unassessed entity is never mistaken for a confirmed low-criticality one. UNASSESSED

ENTITY CRITICALITY: 0 — TIER 1, PERIPHERAL Limiting factor: Importance level not set (70 points below its maximum). DATA QUALITY: no curated inputs have been set for this entity yet -- this score reflects the absence of assessment, not a confirmed low-criticality finding.

Calculated 2026-08-01 11:36:35 (calculation version v1).

Current Status

13 open events Canonical events linked to this entity that are still Breaking, Active or Monitoring -- not yet Closed, rejected or merged into another event. · 13 total linked events · 0 Developing Intelligence threads · 0 report appearances · Not watched

Events Canonical events linked to this entity that are still Breaking, Active or Monitoring -- not yet Closed, rejected or merged into another event.

Clear
Headline The concise title of the canonical procurement event. Type The kind of real-world development identified, such as a supply shortage, contract award, regulatory change or production disruption. Significance Significance estimates the potential procurement impact of the event, including factors such as supply, cost, operations, geography and strategic importance. Confidence Confidence indicates how reliable ProcIntel considers the event assessment based on the quality, quantity and independence of the supporting evidence. It does not measure the event's importance. Lifecycle Lifecycle shows the current state of the development: Breaking is newly detected, Active remains current, Monitoring is being watched for further changes, and Closed is no longer actively developing. Review The internal review status of the event record. It is separate from the real-world lifecycle of the underlying development. Articles The number of source articles linked to this canonical event. Several articles may describe the same underlying development. Evidence strength A plain-language assessment of how much independent evidence supports the Developing Intelligence thread.
Oman crude climbs to $93.22 as global oil prices rise Commodity price movement 3 · Material 2 · Low Breaking Pending 1 Low
Oil Prices Rise for Fourth Day as Hormuz Traffic Slows Commodity price movement 3 · Material 2 · Low Breaking Pending 1 Low
US Stocks: Nasdaq ends down as expectations of Hormuz deal fade Commodity price movement 3 · Material 2 · Low Breaking Pending 1 Low
Trump Faces Growing Pressure to Restrict U.S. Oil Exports Export restriction 3 · Material 2 · Low Breaking Pending 1 Low
ADNOC acquires 11 vessels to accelerate fleet expansion Acquisition 3 · Material 2 · Low Breaking Pending 1 Low
Oil Prices Rise as Iran Hardens Hormuz Demands Commodity price movement 3 · Material 2 · Low Breaking Pending 1 Low
Oil Prices Rise as Iran Hardens Hormuz Demands Production disruption 3 · Material 2 · Low Breaking Pending 1 Low
Adnoc L&S accelerates fleet expansion with $1.3 billion acquisition of 11 vessels Acquisition 3 · Material 2 · Low Breaking Pending 1 Low
Saudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices Surge Commodity price movement 3 · Material 2 · Low Breaking Pending 1 Low
‎Gold prices rise as easing inflation concerns support demand Commodity price movement 3 · Material 2 · Low Breaking Pending 1 Low
Kuwait Oil Company signs $16 billion pipeline lease deal with global investor consortium Major contract award 3 · Material 2 · Low Active Pending 1 Low
Oman launches EPC tender for Ras Markaz oil park expansion Major contract award 3 · Material 2 · Low Active Pending 1 Low
War Sends Saudi Oil Output Down and Revenue Up Commodity price movement 3 · Material 2 · Low Breaking Pending 1 Low

Developing Intelligence An evolving procurement situation made up of several distinct but clearly related events over time.

No Developing Intelligence threads

This entity is not currently part of any Developing Intelligence thread.

Reports Weekly Intelligence Report editions in which an event or Developing Intelligence thread linked to this entity has appeared.

No report appearances

This entity has not yet appeared in any Weekly Intelligence Report edition.

Relationships A structured link between two entities, such as a company operating at a port or a regulator overseeing an industry.

No relationships recorded yet

Relationship intelligence will populate automatically as evidence is gathered.

Timeline Every recorded action involving this entity -- source mentions, linked events being created or updated, Developing Intelligence links, report appearances and entity-record actions such as merges -- in one dated feed. Nothing here is inferred; each entry is drawn from an existing record.

DateWhat happenedDetail
2026-08-20 17:54:31 Mentioned in "July core growth down to 5.4% as iron ore, power lose steam" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-20 17:00:00 Mentioned in "Norway’s Oil Output Falls Nearly 200,000 Bpd as Gulf Supply Crisis Drags On" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-20 14:50:58 Mentioned in "USA Crude Oil Stocks See Another Build" The text "Crude Oil" in the article matched a known alias of Crude Oil.
2026-08-20 12:30:00 Mentioned in "ADNOC Issues Ninth Spot Crude Tender Since June as UAE Boosts Exports" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-20 06:45:00 Mentioned in "Elevated Oil Prices Push Japan’s Imports to an All-Time High" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-19 20:00:01 Mentioned in "Diesel Margins Top $100 a Barrel to Reach Record High" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-19 20:00:00 Mentioned in "$100 Diesel Cracks Signal a Much Tighter Oil Market Than Brent Suggests" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-19 18:07:00 Mentioned in "‎US crude oil inventories rise for 3rd consecutive week" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-19 14:39:03 Mentioned in "EIA Shows Crude Oil Inventories Still Rising" The text "Crude Oil" in the article matched a known alias of Crude Oil.
2026-08-19 14:00:00 Mentioned in "Longer wells boost Permian crude oil and natural gas production" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-19 11:54:52 Created — "Oman crude climbs to $93.22 as global oil prices rise" Commodity price movement: 'Oman crude climbs to $93.22 as global oil prices rise' (lifecycle=Breaking)
2026-08-19 11:54:52 Pri Recalculated — "Oman crude climbs to $93.22 as global oil prices rise" PRI: 1 — MINIMAL Base risk 5/100 × Very Low confidence multiplier (0.15). Highest contributor: A single event -- not yet corroborated by a separate clustered event (neutral baseline, not a penalty) (+5 of 15). Limiting factor: No Significance score yet (event has no linked articles) (40 points below its maximum). DATA QUALITY WARNING: no eligible entities.
2026-08-19 11:54:52 Pri Recalculated — "Oman crude climbs to $93.22 as global oil prices rise" PRI: 1 — MINIMAL Base risk 5/100 × Very Low confidence multiplier (0.15). Highest contributor: A single event -- not yet corroborated by a separate clustered event (neutral baseline, not a penalty) (+5 of 15). Limiting factor: No Significance score yet (event has no linked articles) (40 points below its maximum). DATA QUALITY WARNING: all linked entities data insufficient.
2026-08-19 11:54:52 Article Linked — "Oman crude climbs to $93.22 as global oil prices rise" source_item #10317
2026-08-19 11:54:52 Significance Changed — "Oman crude climbs to $93.22 as global oil prices rise" 3
2026-08-19 11:54:52 Confidence Changed — "Oman crude climbs to $93.22 as global oil prices rise" 2
2026-08-19 11:54:52 Pri Recalculated — "Oman crude climbs to $93.22 as global oil prices rise" PRI: 14 — MINIMAL Base risk 32/100 × Low confidence multiplier (0.45). Highest contributor: Significance 56/100, normalised to this factor's 40-point cap (+23 of 40). Limiting factor: Linked-entity criticality 0/100, normalised to this factor's 30-point cap -- DATA QUALITY WARNING: all linked entities data insufficient (30 points below its maximum). DATA QUALITY WARNING: all linked entities data insufficient.
2026-08-19 11:30:00 Mentioned in "Murban Crude Jumps to 4-Month High as ADNOC Curbs Supply to Asia" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-19 10:27:37 Mentioned in "India's July crude oil imports rise over 9% month-on-month" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-19 10:27:37 Mentioned in "India's July crude oil imports rise over 9% month-on-month" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-19 08:15:00 Mentioned in "Chinese Oil Tankers Turn Back as Hormuz Risks Mount" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-19 07:47:33 Created — "Oil Prices Rise for Fourth Day as Hormuz Traffic Slows" Commodity price movement: 'Oil Prices Rise for Fourth Day as Hormuz Traffic Slows' (lifecycle=Breaking)
2026-08-19 07:47:33 Pri Recalculated — "Oil Prices Rise for Fourth Day as Hormuz Traffic Slows" PRI: 1 — MINIMAL Base risk 5/100 × Very Low confidence multiplier (0.15). Highest contributor: A single event -- not yet corroborated by a separate clustered event (neutral baseline, not a penalty) (+5 of 15). Limiting factor: No Significance score yet (event has no linked articles) (40 points below its maximum). DATA QUALITY WARNING: no eligible entities.
2026-08-19 07:47:33 Pri Recalculated — "Oil Prices Rise for Fourth Day as Hormuz Traffic Slows" PRI: 1 — MINIMAL Base risk 6/100 × Very Low confidence multiplier (0.15). Highest contributor: A single event -- not yet corroborated by a separate clustered event (neutral baseline, not a penalty) (+5 of 15). Limiting factor: No Significance score yet (event has no linked articles) (40 points below its maximum). DATA QUALITY WARNING: all linked entities data insufficient.
2026-08-19 07:47:33 Article Linked — "Oil Prices Rise for Fourth Day as Hormuz Traffic Slows" source_item #10195
2026-08-19 07:47:33 Significance Changed — "Oil Prices Rise for Fourth Day as Hormuz Traffic Slows" 3
2026-08-19 07:47:33 Confidence Changed — "Oil Prices Rise for Fourth Day as Hormuz Traffic Slows" 2
2026-08-19 07:47:33 Pri Recalculated — "Oil Prices Rise for Fourth Day as Hormuz Traffic Slows" PRI: 17 — MINIMAL Base risk 37/100 × Low confidence multiplier (0.45). Highest contributor: Significance 61/100, normalised to this factor's 40-point cap (+24 of 40). Limiting factor: Linked-entity criticality 4/100, normalised to this factor's 30-point cap -- DATA QUALITY WARNING: all linked entities data insufficient (29 points below its maximum). DATA QUALITY WARNING: all linked entities data insufficient.
2026-08-19 05:40:00 Mentioned in "Oil Prices Rise for Fourth Day as Hormuz Traffic Slows" The text "Crude oil" in the article matched a known alias of Crude Oil.
2026-08-19 05:14:17 Mentioned in "Oman crude climbs to $93.22 as global oil prices rise" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-18 20:56:48 Mentioned in "Distillate Stocks Sink Further as U.S. Crude Inventories Barely Budge" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-18 14:49:00 Mentioned in "Jeff Currie: Forget $91 Brent, The Real Crisis Is $170 Diesel" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-18 14:32:42 Mentioned in "S-Oil invests W9tr into Korean petrochemical revival" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-18 13:53:00 Mentioned in "‎Oil rises as hopes fade on prospects for end of Middle East conflict" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-18 13:30:00 Mentioned in "Gulf-to-China Supertanker Rates Hit $510,000 a Day" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-18 11:05:20 Mentioned in "Russian Crude Oil Production Enters New Era of Constraint" The text "Crude Oil" in the article matched a known alias of Crude Oil.
2026-08-18 09:21:04 Mentioned in "Oil Supertanker Earnings on Mideast Route Near $510,000 a Day" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-18 09:00:00 Mentioned in "Brent Tops $91 After Unidentified Projectile Hits Vessel Transiting Hormuz" The text "Crude oil" in the article matched a known alias of Crude Oil.
2026-08-18 08:17:46 Mentioned in "Supertankers on Mideast Route Reach $510K a Day in Earnings" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-18 07:26:55 Mentioned in "China plans for peak oil demand amid pipeline increase, intelligent rig development" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-18 04:35:44 Mentioned in "U.S.-Iran Tensions Push Oil Prices Higher as Diesel Margins Hit Records" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-17 21:00:00 Mentioned in "Why Libya’s Next Oil Pipeline Could Be a Geopolitical Game-Changer" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-17 18:55:00 Mentioned in "‎Saudi crude oil output hits 3.46B barrels in 2025" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-17 14:00:00 Mentioned in "Waterborne shipments from the U.S. Gulf Coast increased in April and May" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-17 13:30:00 Mentioned in "Japan's Oil Crisis Eases, But the Import Bill Keeps Climbing" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-17 12:30:00 Mentioned in "China Added 200,000 Bpd to Crude Reserves in July Despite Hormuz Crisis" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-17 11:30:00 Mentioned in "China Oil Imports Jump 22% Even as Economic Data Disappoints" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-17 10:00:00 Mentioned in "India’s Chief Economic Adviser Calls for Return of E10 Petrol" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-17 08:55:00 Mentioned in "Asian Refiners Seek Alternative Pickup Point for Saudi Crude" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-08-16 05:00:22 Mentioned in "Will Sensex, Nifty continue to bleed on Monday? 4 factors which will drive D-Street action this week" The text "crude prices" in the article matched a known alias of Crude Oil.

Aliases

Review History

DateActionPreviousNewReviewerNote
2026-07-31 15:06:54 Alias Added crude prices
2026-07-31 15:06:54 Alias Added crude price
2026-07-31 15:06:54 Created Crude Oil
2026-08-01 11:36:35 Criticality Recalculated score=None, tier=None score=0, tier=1 Stage 9.5B backfill (recompute-only, no input change) ENTITY CRITICALITY: 0 — TIER 1, PERIPHERAL Limiting factor: Importance level not set (70 points below its maximum). DATA QUALITY: no curated inputs have been set for this entity yet -- this score reflects the absence of assessment, not a confirmed low-criticality finding.