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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.
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.

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
2026-07-30 23:00:00 Mentioned in "How China Became the Ultimate Swing Oil Buyer" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-07-30 23:00:00 Mentioned in "NRG_CB_COSM - "Dataset: updated data"" The text "Crude oil" in the article matched a known alias of Crude Oil.
2026-07-30 23:00:00 Mentioned in "NRG_TI_COIFPM - "Dataset: updated data"" The text "Crude oil" in the article matched a known alias of Crude Oil.
2026-07-30 22:00:00 Mentioned in "Middle East Oil Shock Could Hand Upstream Sector a $495 Billion Windfall" The text "crude prices" in the article matched a known alias of Crude Oil.
2026-07-30 20:30:00 Mentioned in "War Sends Saudi Oil Output Down and Revenue Up" The text "crude prices" in the article matched a known alias of Crude Oil.
2026-07-30 17:00:00 Mentioned in "Record U.S. Refinery Runs Fail to Ease Global Fuel Crunch" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-07-30 08:30:21 Mentioned in "Monthly and annual prices of road fuels and petroleum products" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-07-30 06:55:14 Mentioned in "Finance ministry calls for faster policy action to sustain growth amid global uncertainty" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-07-29 14:00:00 Mentioned in "Lower crude oil prices reduced U.S.-Canada energy trade value in 2025" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-07-29 10:24:52 Mentioned in "Oman launches EPC tender for Ras Markaz oil park expansion" The text "Crude Oil" in the article matched a known alias of Crude Oil.
2026-07-29 10:20:55 Mentioned in "Oman crude rises to $79.60 per barrel" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-07-25 11:46:00 Mentioned in "Kuwait Oil Company signs $16 billion pipeline lease deal with global investor consortium" The text "crude oil" in the article matched a known alias of Crude Oil.
2026-07-07 00:00:00 Mentioned in "EIA Short-Term Energy Outlook (STEO) — Brent Crude Oil Price Forecast — Released July 7, 2026" The text "Crude Oil" in the article matched a known alias of Crude Oil.
2026-07-07 00:00:00 Mentioned in "EIA Short-Term Energy Outlook (STEO) — U.S. Crude Oil Production Forecast — Released July 7, 2026" The text "Crude Oil" in the article matched a known alias of Crude Oil.
2026-06-09 17:00:00 Mentioned in "EIA expects a drop in global oil demand will limit price increases from Hormuz disruptions" The text "crude oil" 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.