How crude markets could react on Monday after Iran attack
“Monday’s oil trade is likely to be among the most volatile seen in years,” Carlos Bellorin, executive vice president at Welligence Energy Analytics, told Upstream.…
Read MoreWar in Iran could cause the biggest oil shock in years
Faced with an existential threat, Iran’s leadership – or what remains of it – may see dragging its Gulf neighbours into the crisis as one…
Read MoreIran retaliates with attacks aimed at UAE, Qatar, Kuwait and Saudi Arabia
“For Iran, the stakes are existential,” Carlos Bellorin, EVP at Welligence Energy Analytics, told Upstream. “The regime may be willing to go further than in…
Read MoreBallots and Barrels: The Elections to Watch in 2026
Elections that took place in 2025 across oil-relevant states were notable for their frequency, geographic spread, and political intensity, setting an important reference point for…
Read MoreVenezuela’s Amended Hydrocarbons Law – An Update
On 29 January 2026, the National Assembly of the Bolivarian Republic of Venezuela approved a comprehensive amendment to the 2006 Hydrocarbons Law, representing a historic…
Read MoreWelligence Development | Venezuelan gas – an overlooked opportunity
Venezuela’s gas potential flies under the radar due to the country’s dominant oil profile – indeed, nearly all commentary since Maduro was removed from office…
Read MoreWelligence Politics | Post-Maduro Venezuela – The New Government and Implications for the Oil Sector
Venezuela’s oil sector is entering a critical reset following the capture of Nicolás Maduro and the installation of Delcy Rodríguez as President. The report examines…
Read MoreWelligence | Iraq Elections 2025: What Happened, What’s Next and Implications for the Oil Sector
The RDC claimed victory amidst a high voter turnout in Iraq’s sixth election. What implications does this have for the country’s ambitious oil sector? CLIENT…
Read MoreGuyana Politics | Guyana’s 2025 election results and the East Caribbean Energy Triangle’s next chapter
On 7 September 2025, Guyana’s Elections Commission (GECOM) confirmed that President Irfaan Ali had been re-elected, securing 55.3% of the vote and a clear majority…
Read MoreWelligence Middle East Politics and Infrastructure | The strategic importance of the Strait of Hormuz
Israel and Iran have had no diplomatic relations since the Iranian revolution in 1979. Tensions escalated after Iran backed Hamas killed 1,200 Israelis and captured…
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