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 |
|---|---|---|
| 2026-08-03 18:31:45 | Mentioned in "Trump says oil majors making 'too much money' from Iran war-driven crude shortage" | The text "crude prices" in the article matched a known alias of Crude Oil. |
| 2026-08-03 15:27:09 | Created — "Gold prices rise as easing inflation concerns support demand" | Commodity price movement: '\u200eGold prices rise as easing inflation concerns support demand' (lifecycle=Breaking) |
| 2026-08-03 15:27:09 | Pri Recalculated — "Gold prices rise as easing inflation concerns support demand" | 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. |
| 2026-08-03 15:27:09 | Pri Recalculated — "Gold prices rise as easing inflation concerns support demand" | 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. |
| 2026-08-03 15:27:09 | Article Linked — "Gold prices rise as easing inflation concerns support demand" | source_item #2347 |
| 2026-08-03 15:27:09 | Significance Changed — "Gold prices rise as easing inflation concerns support demand" | 3 |
| 2026-08-03 15:27:09 | Confidence Changed — "Gold prices rise as easing inflation concerns support demand" | 2 |
| 2026-08-03 15:27:09 | Pri Recalculated — "Gold prices rise as easing inflation concerns support demand" | 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. |
| 2026-08-03 14:30:00 | Mentioned in "Dark Tanker Transits Surge at Bab el-Mandeb as Houthi Threat Persists" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-03 13:30:00 | Mentioned in "Indian Oil Subsidiary CPCL Plans 280,000 Bpd Manali Refinery" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-03 10:37:00 | Mentioned in "Gold prices rise as easing inflation concerns support demand" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-03 10:30:00 | Mentioned in "India’s Imports of Russian Crude Hit New High in July" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-03 08:30:00 | Mentioned in "Kuwait Oil Production Surges as OPEC+ Completes Output Cut Reversal" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-03 06:51:03 | Mentioned in "Oman oil price drops" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-03 03:49:37 | Mentioned in "RBI MPC begins today as policymakers weigh inflation, crude risks" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-03 02:22:00 | Mentioned in "Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?" | The text "Crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-02 09:38:55 | Mentioned in "Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habit" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-08-01 13:54:37 | Mentioned in "Oman oil output rises 10.6%" | The text "crude prices" in the article matched a known alias of Crude Oil. |
| 2026-08-01 12:59:38 | Pri Recalculated — "War Sends Saudi Oil Output Down and Revenue Up" | PRI: 13 — MINIMAL Base risk 29/100 × Low confidence multiplier (0.45). Highest contributor: Significance 50/100, normalised to this factor's 40-point cap (+20 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. |
| 2026-08-01 12:59:38 | Pri Recalculated — "Oman launches EPC tender for Ras Markaz oil park expansion" | PRI: 5 — MINIMAL Base risk 21/100 × Low confidence multiplier (0.45) × impact-direction multiplier (0.50). Highest contributor: Significance 40/100, normalised to this factor's 40-point cap (+16 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. |
| 2026-08-01 12:59:38 | Pri Recalculated — "Kuwait Oil Company signs $16 billion pipeline lease deal with global investor consortium" | PRI: 8 — MINIMAL Base risk 34/100 × Low confidence multiplier (0.45) × impact-direction multiplier (0.50). Highest contributor: Significance 55/100, 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. |
| 2026-08-01 11:36:35 | Criticality Recalculated | 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. |
| 2026-08-01 06:42:46 | Created — "Kuwait Oil Company signs $16 billion pipeline lease deal with global investor consortium" | Major contract award: 'Kuwait Oil Company signs $16 billion pipeline lease deal with global investor consortium' (lifecycle=Active) |
| 2026-08-01 06:42:46 | Article Linked — "Kuwait Oil Company signs $16 billion pipeline lease deal with global investor consortium" | source_item #869 |
| 2026-08-01 06:42:46 | Significance Changed — "Kuwait Oil Company signs $16 billion pipeline lease deal with global investor consortium" | 3 |
| 2026-08-01 06:42:46 | Confidence Changed — "Kuwait Oil Company signs $16 billion pipeline lease deal with global investor consortium" | 2 |
| 2026-08-01 06:42:45 | Created — "Oman launches EPC tender for Ras Markaz oil park expansion" | Major contract award: 'Oman launches EPC tender for Ras Markaz oil park expansion' (lifecycle=Active) |
| 2026-08-01 06:42:45 | Article Linked — "Oman launches EPC tender for Ras Markaz oil park expansion" | source_item #479 |
| 2026-08-01 06:42:45 | Significance Changed — "Oman launches EPC tender for Ras Markaz oil park expansion" | 3 |
| 2026-08-01 06:42:45 | Confidence Changed — "Oman launches EPC tender for Ras Markaz oil park expansion" | 2 |
| 2026-07-31 18:05:13 | Mentioned in "Exxon and Chevron’s $26.5 Billion Quarter Draws Trump’s Ire" | The text "crude prices" in the article matched a known alias of Crude Oil. |
| 2026-07-31 17:01:16 | Appeared in the 2026-07-27 to 2026-08-03 report | War Sends Saudi Oil Output Down and Revenue Up |
| 2026-07-31 15:08:23 | Mentioned in "Indian Oil raises $500 million under RBI's concessional forex swap window, eyes more borrowing" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 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 |
| 2026-07-31 14:00:00 | Mentioned in "China's crude oil imports fell in the second quarter" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-07-31 12:57:02 | Significance Changed — "War Sends Saudi Oil Output Down and Revenue Up" | 3 |
| 2026-07-31 12:00:00 | Mentioned in "Hormuz Uncertainty Keeps Oil Markets on Edge" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-07-31 11:45:00 | Mentioned in "Oil falls, yet remains on track for nearly 20% monthly gain" | The text "crude prices" in the article matched a known alias of Crude Oil. |
| 2026-07-31 11:30:00 | Mentioned in "Six Saudi Oil Tankers Reroute Around Africa to Dodge Houthi Threat" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-07-31 09:45:00 | Mentioned in "ADNOC Buys Five Supertankers as Hormuz Crisis Tightens Shipping" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-07-31 08:51:08 | Created — "War Sends Saudi Oil Output Down and Revenue Up" | Commodity price movement: 'War Sends Saudi Oil Output Down and Revenue Up' (lifecycle=Breaking) |
| 2026-07-31 08:51:08 | Article Linked — "War Sends Saudi Oil Output Down and Revenue Up" | source_item #253 |
| 2026-07-31 08:51:08 | Significance Changed — "War Sends Saudi Oil Output Down and Revenue Up" | 2 |
| 2026-07-31 08:51:08 | Confidence Changed — "War Sends Saudi Oil Output Down and Revenue Up" | 2 |
| 2026-07-31 04:56:58 | Mentioned in "Oil Prices Head for 20% Monthly Surge Despite Recent Pullback" | The text "Crude oil" in the article matched a known alias of Crude Oil. |
| 2026-07-31 00:00:00 | Mentioned in "EIA Weekly Petroleum Status Report — Refinery Activity — Week Ended July 31, 2026" | The text "crude oil" in the article matched a known alias of Crude Oil. |
| 2026-07-31 00:00:00 | Mentioned in "EIA Weekly Petroleum Status Report — Crude Oil Imports — Week Ended July 31, 2026" | The text "Crude Oil" in the article matched a known alias of Crude Oil. |
| 2026-07-31 00:00:00 | Mentioned in "EIA Weekly Petroleum Status Report — Crude Oil Inventories — Week Ended July 31, 2026" | 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. |