Oil Ground Up

Keystone XL Is Back—But North America’s Oil Map Has Changed

North America is suddenly facing a wave of new oil pipeline proposals—but which projects actually make commercial sense, and which are being driven by energy security and

The Oil Market Is Tighter Than It Looks | David Wech

Rory Johnston returns to Oil Ground Up with David Wech, Chief Economist at Vortexa, for a deep dive into one of the most complicated oil markets in recent memory. With cr

Jeff Currie: Everything You Know About Oil Markets Is Wrong

Jeff Currie joins Rory Johnston on the Oil Ground Up Podcast for a wide-ranging conversation on commodity price discovery, the changing structure of energy markets, and w

The Fragile Peace Reshaping Global Oil Markets

Gregory Brew returns to the Oil Ground Up Podcast to examine the evolving geopolitical landscape in the Middle East following the U.S.-Iran ceasefire and what it means fo

Why Oil Tankers Still Are Not Returning to the Strait of Hormuz

Rory Johnston welcomes maritime historian and shipping expert Dr. Sal Mercogliano to Oil Ground Up for a deep dive into the evolving Strait of Hormuz crisis and what it m

Bob McNally on Hormuz, Oil Prices, and the End of Energy Security Assumptions

Rory Johnston welcomes legendary energy analyst Bob McNally to Oil Ground Up for a sweeping conversation on the Strait of Hormuz crisis, global oil supply disruptions, an

How Iran Weaponized the World’s Most Important Oil Chokepoint

Edward Fishman joins Rory for a sweeping conversation on the evolution of modern economic warfare, the origins of U.S. sanctions strategy against Iran, and how today’s St

Energy Stocks Are Still Cheap? Eric Nuttall Explains the Opportunity

Eric Nuttall joins the Oil Ground Up podcast to discuss what he believes is the largest energy supply shock in modern history following the prolonged closure of the Strai

Tracking Tankers Through Chaos: Shadow Fleets, Blockades, and the New Oil War

Maritime intelligence expert Michelle Bockmann joins the Oil Ground Up podcast to unpack the unprecedented disruption in global oil flows following the effective closure

Amena Bakr on the Market Blindness to the 13 Million Barrel Shock

Amena Bakr, the Head of Middle East Research at Kpler, joins Rory to provide an inside look at the functional closure of the Strait of Hormuz, where daily traffic has col

Paper vs Physical: Inside Oil’s $30 Backwardation Shock with Veteran Trader Adi Imsirovic

Adi Imsirovic, a veteran oil trader and former academic, returns to the podcast to break down the mechanics of the Brent market at a moment of historic disruption. With m

Record Backwardation: Understanding the Economic Return of USO in the Midst of a Global Supply Loss

John Love, the CEO of USCF Investments, joins the podcast to celebrate the 20th anniversary of the United States Oil Fund (USO), which was the third commodity ETF ever la

Brutal Barrel Math: The Destruction of 10+ Million Barrels a Day Demand

Karim Fawaz joins the Oil Ground Up podcast to analyze the relentless four-week closure of the Strait of Hormuz and its impact on global energy balances. The conversation

An End to the Carter Doctrine? - What it would Mean if US Left the War While the Strait is Still Shut?

Gregory Brew of Eurasia Group joins Rory to discuss the potential collapse of the Carter Doctrine following a provocative social media post by President Trump regarding t

Why There is No Off-Ramp for Trump’s Gulf War

Matt Reed, Vice President at Foreign Reports, joins the Oil Ground Up Podcast to analyze the unprecedented and total closure of the Strait of Hormuz, a crisis that has no

View from the Gulf: Nader Itayim on Iran’s "Existential War" and the 8 Million Barrel Shutdown

Nader Itayim of Argus Media joins the Oil Ground Up podcast to analyze the unprecedented escalation of the direct conflict between Iran, Israel, and the United States and

From Economic to Kinetic Statecraft: Enforcing US Oil Sanctions

In this episode of the Oil Ground Up Podcast, guest Rachel Ziemba joins host Rory Johnston to provide an update on the rapidly shifting landscape of U.S. economic statecr

The Outlook for Canadian Oil Production with Josef Schachter

In this conversation, Josef Schachter discusses the current state of the oil market, emphasizing the ongoing energy super cycle and the challenges faced by both US and Ca

The Ruble Fortress: Why Russia’s Oil Sector Thrives While the West Predicts Collapse

In this episode of the Oil Groundup Podcast, host Rory Johnston welcomes Ronald Smith, a consultant with 25 years of experience analyzing the Russian oil and gas sector.

Venezuela Under Remote Control: The Capture of Maduro and the Future of Global Oil

This episode explores the extraordinary start to 2026 following the capture of Nicolás Maduro by US forces and his subsequent transport to stand trial in New York. Host R