I have been working on CrudeCode, and I wanted to share what we are building without making it sound like a pitch. The more I worked with public oil and gas data, the more I realized the hard part is not just getting Claude or any AI model to answer questions. The hard part is making sure the answer is honest about where it came from.

Texas is a good example. A lot of production data starts at the lease level, not the well level. But by the time it shows up downstream, people often treat it like clean well level production. Sometimes that is fine. Sometimes it is modeled. Sometimes it is weak. The problem is that those cases can look the same in a table. That is the part we are trying to work on.

CrudeCode is not meant to replace Enverus, DI, WellDatabase, ComboCurve, ARIES, or whatever people already trust. I know people in the industry have workflows they have built over years, and I am not here pretending a small project replaces that. The thing we are trying to make better is the workflow around trust.

If Claude gives you a number, where did it come from? Was it directly reported, allocated, derived, or assumed? If a dataroom is missing a document, does the workflow notice that? If two files disagree, does it flag the conflict? If something needs title, legal, engineering, or human review, does it say that instead of pretending it knows? That is where CrudeCode is heading. Right now we have been working on Claude MCP tools and skills for oil and gas workflows. One of the bigger areas is dataroom extraction. The idea is not just “AI summarizes files.” The goal is to inventory the room, extract structured facts, keep source trails, show what is missing, save the extraction, and eventually hand cleaner inputs into valuation or review.

We also started a small Slack community for people who want to help shape it. You do not have to be a developer. If you work with oil and gas data, A and D, engineering, land, reserves, production, or datarooms, your feedback is probably more useful than another feature idea. If you are technical, there is room to help with MCP tools, tests, viewers, docs, synthetic examples, and workflows. The public side will stay on synthetic, public, or bring your own examples. No private company data, no confidential datarooms, no licensed datasets.

Mostly, I am looking for people who are willing to pressure test the idea and tell us where it is naive, useful, wrong, or worth improving. If you are interested, comment or DM me and I can send the Slack link.

What do y’all think caused this $10 price drop in 20 minutes?

I must be missing something.

Oil to $50

This sub is far from the average AKSHUALLY IM MORE RIGHTER feel most of Reddit has. Im quite happy that the posts and replies here are more cooperative and have good, healthy discussions void of arrogance and smarter than thou. But most importantly there seems to be a lack of political bullshit.

So, thank you fellow participant for keeping this place bullshit free. Thanks for keeping the discussion sane and realistic in light of the impending doom. Its just nice to be part of a healthy sub where people want to discuss and learn rather than be righter than you.

PS see yall at the Oil Barrons Ball when it hits $.69 a barrel because theres a serious fucking glut coming.

EDIT. Yes. I am serious and not sarcastic. Nor do I think a former TV moron who’s obsessed with girls and hung around other child loving people who shits his britches mid presser while simultaneously trying to hoodwink the population by draining a reserve to artificially suppress oil prices is qualified to do, anything. Really. Kinda sucks our lives are being effected. Im Canadian and all I wanna do is read, play GTA 3 again, keep restoring my GMT800, chill with the wife, and hang with my dogs.

Something to do with doing imports over night by 50%

Hey folks,

I’ve been reading this sub for a while and although I do personally agree with the general sentiments, it does appear to be a bit of a “oil is for sure gonna go through the roof” echo chamber here.

So in order to break the echo chamber vibes I wanted to ask - what do you believe the professional oil traders are missing? Oil is high but not THAT high, same with futures. All of you here (generalization) seem to believe that this is a miscalculation and that oil is gonna go way higher.

This means implicitly that you (and myself btw) believe that the professional traders who spend all day every day studying and trading this stuff are wrong, underestimating.

Is this a fair framing? And if so - what do you believe “the market” is missing?

Hope the question makes sense and sparks some interesting discussion. I’ve been asking myself this question last few days and I don’t really have an answer aside from a vague “the oil market must believe that the Iran war/Hormuz instability will end somewhat soon” but to me it seems obvious that this isn’t the case. Is it purely that? Market believes it will end sooner than I believe, therefore that’s the root of the disagreement?

EDIT: most initial comments so far are explaining to me the 10 different ways in which the market is actually correct. Therefore either these commenters are NOT in the group I generalized before thinking price is gonna go up or… maybe I phrased my question poorly. But naturally you can’t think both “the market has way more information than me and I’m uniformed” while also holding any kind of big long/short position on oil because by holding a position you’re saying “no the market doesn’t have all the information and is mispricing this commodity”.

Not a smoking gun kind of evidence but below seems to lend credence to possible headline manipulations to manipulate trading bots... the government should open some investigation into this possibility

Financial Juice:

Apologies, but I can't provide a revised headline based on the input you've given. Could you please provide a clear headline to edit?

8:14 AM · Jul 23, 2026

Its easy to see with oil gone, Russia on the bench, both the red sea and the hormoooz in jail. China has done the calculation and 7 months from now people and trucks wont be able to drive in the USA, unless they have China EVs. Xi is a genius.

Reading lots of conflicting reports about it being shut, but it doesn't seem like the Huthis have made a move as of yet, do you think its possible for them to bring it to a stand still like the SOH,

https://ir.eia.gov/wpsr/wpsrsummary.pdf

https://ir.eia.gov/wpsr/overview.pdf

Summary of Weekly Petroleum Data for the week ending July 17, 2026

U.S. crude oil refinery inputs averaged 17.1 million barrels per day during the week ending July

17, 2026, which was 58 thousand barrels per day less than the previous week’s average.

Refineries operated at 96.1% of their operable capacity last week. Gasoline production increased

last week, averaging 9.7 million barrels per day. Distillate fuel production increased, averaging

5.3 million barrels per day.

U.S. crude oil imports averaged 5.8 million barrels per day last week, increased by 117 thousand

barrels per day from the previous week. Over the past four weeks, crude oil imports averaged

about 5.6 million barrels per day, 11.4% less than the same four-week period last year. Total

motor gasoline imports (including both finished gasoline and gasoline blending components) last

week averaged 494 thousand barrels per day, and distillate fuel imports averaged 173 thousand

barrels per day.

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve)

increased by 2.0 million barrels from the previous week. At 411.7 million barrels, U.S. crude oil

inventories are about 6% below the five-year average for this time of year. Total motor gasoline

inventories increased by 0.8 million barrels from last week and are 7% below the five-year

average for this time of year. Both finished gasoline and blending component inventories

increased last week. Distillate fuel inventories increased by 1.4 million barrels last week and are

about 10% below the five-year average for this time of year. Propane/propylene inventories

increased by 6.3 million barrels from last week and are 34% above the five-year average for this

time of year. Total commercial petroleum inventories increased by 11.6 million barrels last

week.

Total products supplied over the last four-week period averaged 20.4 million barrels per day,

down by 1.0% from the same period last year. Over the past four weeks, motor gasoline product

supplied averaged 8.9 million barrels per day, up by 1.4% from the same period last year.

Distillate fuel product supplied averaged 3.7 million barrels per day over the past four weeks, up

by 2.2% from the same period last year. Jet fuel product supplied was up 9.1% compared with

the same four-week period last year.

Since oil has broken through the Value Area Low (VAL), there is a good chance it could move up toward the Point of Control (POC), where a large amount of trading volume is concentrated.

However, much depends on how the war develops. Unfortunately, Trump is unpredictable and often changes his statements from day to day.

The Strait of Hormuz is closed, and the Red Sea shipping route has also been disrupted, so only around 0–2 ships are passing through each day.

In addition, U.S. petroleum inventories have fallen to their lowest level since 1983, which could further support higher oil prices.

This is the only reputable source I could find atm, but here's what's showing up in my telegram feed as well

⚡️ UK Maritime Trade Operations: A report was received of an incident 70 nautical miles off Al-Shaqiq, Saudi Arabia.
🔹According to received reports, Saudi Arabia's first oil tanker was hit by a missile 70 kilometers north of the Yemeni border and is on fire.
🔹It is said that the ship's capacity was approximately 500,000 barrels and it had departed from Yanbu.
• 21:19 — UK Maritime Operations Authority: Report of an incident 70 nautical miles from Ash Shuqaiq, Saudi Arabia. (Rasd Akhbar Shehaba)

The Houthis are also saying they have an announcement to make soon regarding a "significant military operation."

EDIT: screenshot of the UKMTO warning that I just found.

https://bsky.app/profile/shipwreck75.bsky.social/post/3mrbb45qjfc22

Edit 2: official statement from ansarullah (houthis)

—❗️🇸🇦/🇾🇪 NEW: Yemen’s Ansarallah announces they targeted two Saudi oil tankers, ‘ENCELIA’ and ‘LAYLA’ with ballistic missiles and drones

In total, they forced more then 10 Saudi oil tankers to turn back since the naval blockade began.

Edit 3: there's footage of the tanker that was hit, on fire

https://reddit.com/link/1v3tnie/video/w62n2htepueh1/player