How I work
This project grew out of a simple weekly habit: record what changed in energy markets, then ask whether the physical system actually supports the story told by prices. The aim is not to imitate a market terminal. It is to explain a small set of benchmarks carefully enough that a reader can follow the chain from event to mechanism to price.
The Friday close is the starting point, not the conclusion. I first record what changed in Brent, WTI, Henry Hub, TTF, and JKM, then look for the physical and institutional evidence that could explain the move: inventories, shipping, outages, weather, policy decisions, and changes in expectations.
Where possible, prices and balances come from exchanges, statistical agencies, regulators, system operators, and other primary institutions. Company statements and government releases are useful for specific events. Reuters and other major news services help establish chronology. Secondary market-data services are used when an exact primary close is not publicly available.
A weekly percentage is only useful if the underlying benchmark is comparable. I keep units and reference contracts consistent wherever possible and flag contract rolls, proxy series, thin trading, or timing mismatches when they matter. If a clean comparison is not possible, the limitation stays visible.
A price move and a news headline occurring together do not establish causation. For a driver to be persuasive, the timing should fit, the transmission mechanism should make sense, and some independent physical or institutional evidence should point in the same direction. When several explanations remain plausible, the brief says so.
The scenarios at the end of an edition are competing paths to watch. Each one is tied to observable signals—such as a reopening route, a storage threshold, a policy decision, or a change in vessel traffic. The next edition can then ask what actually happened instead of quietly rewriting the earlier view.
The web archive is still young. I do not manufacture a longer history by filling missing weeks or inventing observations. Short series are shown for what they are: a record of the published editions so far. Statistical claims stay modest until the sample is long and consistent enough to support more.
Typos and clear factual errors should be corrected. If a material number, calculation, or conclusion changes, that change should be noted rather than silently replacing the earlier record. The point of an archive is to preserve what was known and argued at the time.
The two language editions use the same figures, sources, and analytical conclusions. The Farsi text is not meant to be a literal translation; technical accuracy and natural prose matter more than matching each sentence word for word.
The weekly rhythm
That sequence matters because market headlines arrive faster than inventories, shipping data, and other physical evidence.