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.
- 171
- First seen
- 2026-06-09 17:00:00
- Last seen
- 2026-08-21 09:09:17
- 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.
| 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.
| Date | What happened | Detail |
|---|---|---|
| 2026-08-07 11:00:00 | Mentioned in "India's Crude Oil Output Falls for Third Straight Year" | The text "Crude Oil" in the article matched a known alias of Crude Oil. |
| 2026-08-07 10:36:02 | Created — "Adnoc L&S accelerates fleet expansion with $1.3 billion acquisition of 11 vessels" | Acquisition: 'Adnoc L&S accelerates fleet expansion with $1.3 billion acquisition of 11 vessels' (lifecycle=Breaking) |
| 2026-08-07 10:36:02 | Pri Recalculated — "Adnoc L&S accelerates fleet expansion with $1.3 billion acquisition of 11 vessels" | 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. |
| 2026-08-07 10:36:02 | Pri Recalculated — "Adnoc L&S accelerates fleet expansion with $1.3 billion acquisition of 11 vessels" | 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. |
| 2026-08-07 10:36:02 | Article Linked — "Adnoc L&S accelerates fleet expansion with $1.3 billion acquisition of 11 vessels" | source_item #4712 |
| 2026-08-07 10:36:02 | Significance Changed — "Adnoc L&S accelerates fleet expansion with $1.3 billion acquisition of 11 vessels" | 3 |
| 2026-08-07 10:36:02 | Confidence Changed — "Adnoc L&S accelerates fleet expansion with $1.3 billion acquisition of 11 vessels" | 2 |
| 2026-08-07 10:36:02 | Pri Recalculated — "Adnoc L&S accelerates fleet expansion with $1.3 billion acquisition of 11 vessels" | PRI: 14 — MINIMAL Base risk 31/100 × Low confidence multiplier (0.45). Highest contributor: Significance 54/100, normalised to this factor's 40-point cap (+22 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. |
| 2026-08-07 10:32:00 | Mentioned in "Adnoc L&S accelerates fleet expansion with $1.3 billion acquisition of 11 vessels" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-07 08:15:00 | Mentioned in "China’s Crude Imports Bounce Back After Historic June Slump" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-07 00:00:00 | Mentioned in "EIA Weekly Petroleum Status Report — Refinery Activity — Week Ended August 7, 2026" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-07 00:00:00 | Mentioned in "EIA Weekly Petroleum Status Report — Crude Oil Inventories — Week Ended August 7, 2026" | The text "Crude Oil" in the article matched a known alias of Crude Oil. |
| 2026-08-06 18:30:00 | Mentioned in "Russian Oil Production Climbs Above 9 Million Bpd in July" | The text "Crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-06 15:32:42 | Mentioned in "India cuts energy import dependence to 42%, oil imports still meet 90% of demand: CII-EY" | The text "Crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-06 12:30:00 | Mentioned in "Indian Refiners Continue West Africa Crude Buying Spree" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-06 07:18:11 | Mentioned in "Hindustan Petroleum buys 2 million bbl West African oil for Sept via tender, sources say" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-06 05:10:00 | Mentioned in "Iran and Oman Near Landmark Deal to Manage Strait of Hormuz" | The text "Crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-06 02:43:32 | Mentioned in "Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?" | The text "Crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-06 01:00:01 | Mentioned in "Global Market Today: Asian stocks drop as AI rally pauses, oil dips" | The text "Crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 23:00:00 | Mentioned in "Middle East War Throws LNG’s Growth Story Into Doubt" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 19:00:00 | Mentioned in "Hormuz Crisis Is Rewriting the Global LPG Trade" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 18:15:00 | Mentioned in "US oil inventories add 2.5M barrels: EIA" | The text "Crude Oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 17:30:00 | Mentioned in "India Hopes To Take Over Operation Of Venezuelan Oil Fields From PDVSA" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 16:13:38 | Mentioned in "US crude inventories rise as refinery runs ease and imports climb, EIA says" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 15:30:00 | Mentioned in "India Weighs Gas Levy to Bankroll $42 Billion Fuel Reserve Plan" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 14:37:22 | Mentioned in "US Oil Product Inventories Continue to Fall" | The text "Crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 14:30:00 | Mentioned in "Hormuz Bottleneck Pushes Indian Refiners Toward West African Grades" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 13:30:00 | Mentioned in "Iraq-Syria Pipeline to Bypass Hormuz Could Be Revived Within 3 Years" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 09:22:07 | Mentioned in "India may charge gas users to fund planned $42 billion fuel reserves, sources say" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 08:32:40 | Mentioned in "Indian refiners buy Middle East and West African crude, sources say" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 05:38:56 | Mentioned in "RBI MPC Meeting 2026: Central bank flags a threat for Indian agriculture warming up in the Pacific" | The text "crude prices" in the article matched a known alias of Crude Oil. |
| 2026-08-05 05:30:37 | Mentioned in "RBI MPC Meeting 2026: Crude oil volatility remains key inflation risk" | The text "Crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 04:43:50 | Mentioned in "RBI Inflation FY2026-27: Malhotra & Co trim FY27 inflation forecast to 5% as easing crude prices offer relief" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-05 00:00:00 | Mentioned in "Middle East War Triggers New Global Refining Boom" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-04 20:44:00 | Mentioned in "US Crude Oil Inventories Build As Washington Talks Up Potential Peace Deal" | The text "Crude Oil" in the article matched a known alias of Crude Oil. |
| 2026-08-04 12:45:00 | Mentioned in "Oil jumps over 1% amid renewed supply concerns" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-04 12:30:00 | Mentioned in "Pakistan Partners with Canadian Firm to Boost Domestic Heavy Crude Output" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-04 12:20:24 | Created — "Saudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices Surge" | Commodity price movement: 'Saudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices Surge' (lifecycle=Breaking) |
| 2026-08-04 12:20:24 | Pri Recalculated — "Saudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices Surge" | 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. |
| 2026-08-04 12:20:24 | Pri Recalculated — "Saudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices Surge" | 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. |
| 2026-08-04 12:20:24 | Article Linked — "Saudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices Surge" | source_item #2796 |
| 2026-08-04 12:20:24 | Significance Changed — "Saudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices Surge" | 3 |
| 2026-08-04 12:20:24 | Confidence Changed — "Saudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices Surge" | 2 |
| 2026-08-04 12:20:24 | Pri Recalculated — "Saudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices Surge" | PRI: 12 — MINIMAL Base risk 27/100 × Low confidence multiplier (0.45). Highest contributor: Significance 52/100, normalised to this factor's 40-point cap (+21 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. |
| 2026-08-04 12:00:07 | Mentioned in "Mabux: Middle East tensions drive sharp rise in global bunker prices" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-04 11:30:00 | Mentioned in "India Expands Oil Storage Sites After Shock Supply Disruption" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-04 09:30:00 | Mentioned in "Saudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices Surge" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-04 06:21:48 | Mentioned in "HPCL buys West Africa crude for Rajasthan refinery, sources say" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-04 05:30:00 | Mentioned in "Venezuela’s Oil Exports Fall Even as U.S. Shipments Hit Seven-Year High" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-03 23:00:00 | Mentioned in "Big Oil Warns Global Fuel Stocks Are Running Dangerously Low" | The text "crude oil" in the article matched a known alias of Crude Oil. |
Aliases
Review History
| Date | Action | Previous | New | Reviewer | Note |
|---|---|---|---|---|---|
| 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. |