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Oil Ground Up

Oil Ground Up
OPEC
Iran
Oil Market
Strait Of Hormuz
Venezuela
United States
Oil Markets
Strategic Petroleum Reserve
Oil Industry
Trump Administration
Hormuz
Biden Administration
Kpler
Oil Market Data
Natural Gas Market
Oil Trading
Tariffs
Russia
Employ America
Oil and Gas Industry

Rory Johnston navigates listeners through the financial market dynamics of the world's oil and gas sector. Get the latest fundamentals behind the price action and hear from industry experts from the field and from the corporate offices of the world's leading energy producers.

PublishesTwice monthlyEpisodes72Founded4 years ago
Number of ListenersCategories
InvestingBusiness

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Artwork for Oil Ground Up

Latest Episodes

Oil prices are soaring, diesel markets are facing historic shortages, and geopolitical conflict is disrupting global energy flows. But could crude oil prices fall sharply once Middle Eastern supply returns?On this episode of Oil Ground Up, host Rory ... more

Oil Ground Up host Rory Johnston welcomes Samir Madani, co-founder of TankerTrackers.com, for an in-depth discussion of the rapidly changing oil flows through the Strait of Hormuz, escalating Iranian attacks on commercial shipping, and the extraordin... more

What happens to the global oil market when the Strait of Hormuz remains disrupted for months, tanker shipping costs explode, and China dramatically reduces its crude imports?

In this episode of Oil Ground Up, host Rory Johnston welcomes Javier Blas,... more

What happens when geopolitical risk stops being theoretical and begins physically reshaping global oil flows?On this episode of Oil Ground Up, Rory Johnston is joined by Michelle Brouhard, Head of Policy and Geopolitical Risk at Kpler, for a wide-ran... more

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Recent Guests

Dennis Kissler
Senior Vice President and Head of Trading at BOK Financial with four decades of energy futures and derivatives experience
BOK Financial
Episode: Dennis Kissler: The Biggest Oil Price Risk Is to the Downside
Samir Madani
Co-founder of TankerTrackers.com and oil tanker tracking specialist
TankerTrackers.com
Episode: Iran Is Attacking Tankers. Why Is the Oil Still Flowing?
Javier Blas
Oil watcher, Bloomberg Opinion columnist covering energy and commodities
Bloomberg Opinion
Episode: Why Oil Hasn't Hit $200—and What Happens Next | Javier Blas
Michelle Brouhard
Head of policy and geopolitical risk at Kepler
Kepler
Episode: Hormuz, Diesel & the Return of the Geopolitical Risk Premium
Rob Wilson
President of East Daley Analytics; savant of North American energy flows
East Daley Analytics
Episode: Keystone XL Is Back—But North America’s Oil Map Has Changed
David Wech
Chief Economist at Tanker Tracker Vortexa
Vortexa
Episode: The Oil Market Is Tighter Than It Looks | David Wech
Jeff Currie
Former and longtime head of commodity research at Goldman Sachs; current board/director roles and strategic advisor in energy/commodity space
Goldman Sachs (former); ABEX Markets; Carlisle Energy Pathways; board roles
Episode: Jeff Currie: Everything You Know About Oil Markets Is Wrong
Gregory Brew
Senior analyst covering energy and Iran at Eurasia Group
Eurasia Group
Episode: The Fragile Peace Reshaping Global Oil Markets
Salvatore Mercogliano
Maritime historian
Campbell University
Episode: Why Oil Tankers Still Are Not Returning to the Strait of Hormuz

Host

Rory Johnston
Host focused on oil market fundamentals and price action; connective tissue across episodes.

Reviews

4.7 out of 5 stars from 93 ratings
  • Suggestion

    Good information but please Rory quit talking so much and let the guests answer your questions without your 20min preamble.

    Apple Podcasts
    3
    Greenervet
    Canada2 months ago
  • Well Done and Informative

    Rory is one of those guys who has the enviable ability to make incredibly complex things understandable — at least at an entry level — with a few words. I always feel smarter after listening to this.

    Apple Podcasts
    5
    The Most Dapper Cadaver
    United States4 months ago
  • Not Worth The Listen

    It would be nice if this were a business focused podcast. Instead we have to listen to a hysterical left-wing Canadian with a bad case of TDS. A missed opportunity wasted on the hosts personal ideology and hatred of President Trump…

    Apple Podcasts
    1
    TJ 54321
    United States7 months ago
  • Very informative

    Rory looks at oil, oil sands, and energy—starting in Canada and going beyond.

    Apple Podcasts
    5
    Peter Rocca
    Hong Konga year ago
  • Awesome

    Tony is the man. Listen up y’all.

    Apple Podcasts
    5
    WildlyFastWill7
    United States3 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Guests consistently bring high-level expertise and practical market insight.
The show blends historical context with current events to illuminate oil market behavior.
Rory has a rare ability to simplify complex market concepts for newcomers.
Listeners appreciate the clear linkage between geopolitics and price dynamics.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#231
Canada/Business/Investing
Apple Podcasts
#135
Finland/Business/Investing
Apple Podcasts
#154
Spain/Business/Investing
Apple Podcasts
#155
Ukraine/Business/Investing
Apple Podcasts
#161
Russia/Business/Investing
Apple Podcasts
#199
Ireland/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

Iran Is Attacking Tankers. Why Is the Oil Still Flowing?
Q: Have we seen that re-escalation thus far affect behavior, the way ships are transiting, the pace?
Madani says vessels continue moving through the strait during both day and night, and that ships are accepting attacks because the economic incentive is substantial.
Iran Is Attacking Tankers. Why Is the Oil Still Flowing?
Q: Why do you think that initially we were not seeing the Iranians kind of trying to at that volume back down as it was rising September? And then subsequently, why did they so aggressively ramp up in October?
Madani attributes the earlier lull to hopes for diplomacy and says Iran's crude exports have since nearly run dry. He sees the renewed attacks as an attempt to regain revenue and keep oil prices high.
Dennis Kissler: The Biggest Oil Price Risk Is to the Downside
Q: What road signs are you watching to let you know which way we're heading?
Kissler is watching for diesel crack spreads to fall below 50, an agreement that restores Middle Eastern oil flows, and whether shipping through the Strait of Hormuz remains secure.
Dennis Kissler: The Biggest Oil Price Risk Is to the Downside
Q: How has the interest and appetite for hedging from U.S. producers evolved over the past two years?
Kissler says hedging protects producers' break-even economics, and high prices now let them lock in profits. He describes hedging as especially important after the industry shifted toward cash flow and returns rather than production growth alone.
Why Oil Hasn't Hit $200—and What Happens Next | Javier Blas
Q: What are the biggest structural changes you see in the oil market post-crisis?
The market has become rate-sensitive and regionally segmented due to shipping costs, with strong emphasis on stockpiling by governments, tighter refinery economics, and a potential reorientation of OPEC and national oil company strategies as the dynamics of restocking and demand recovery unfold.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Frequently Asked Questions About Oil Ground Up

What is Oil Ground Up about and what kind of topics does it cover?

A data-driven deep dive into energy markets, geopolitics, and pricing dynamics driven by oil and gas fundamentals. Episodes frequently unpack price discovery, backwardation and contango, inventory signals, and the impact of global events—from Hormuz disruptions to sanctions policy—on curves, spreads, and risk. A distinctive angle is the integration of pragmatic trader viewpoints with geopolitical analysis, plus practical investment and trading takeaways for professionals navigating a volatile energy landscape. Noteworthy for its practical framing, strong guest roster, and clear focus on how macro forces translate into price action and market behavior.

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Which podcasts are similar to Oil Ground Up?

These podcasts share a similar audience with Oil Ground Up:

1. Macro Voices
2. Oil Markets
3. Monetary Matters with Jack Farley
4. The Trevor Rose Podcast
5. Forward Guidance

How many episodes of Oil Ground Up are there?

Oil Ground Up launched 4 years ago and published 72 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Oil Ground Up?

Recent guests on Oil Ground Up include:

1. Dennis Kissler
2. Samir Madani
3. Javier Blas
4. Michelle Brouhard
5. Rob Wilson
6. David Wech
7. Jeff Currie
8. Gregory Brew

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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