Diamondback Expands Credit to $3B at $81 WTI: What FANG's RBL Move Says About the Selloff
Diamondback filed a $3B RBL expansion at $81 WTI while the crude selloff was live. That's the capital markets signal the price chart won't show you.
CIR Research Desk
Hormuz Deal Confirmed, WTI Crashes to $80: Monday's Reset
The Iran premium is gone. WTI drops $4.74 to $80.14 on confirmed Hormuz deal — resetting every H2 assumption for operators, frac pricing, and RBL borrowing bases.
Goldman Says $80, Wright Says 7 Million Barrels: What Friday's Close Actually Means
WTI closed Friday at $84.29. Goldman Sachs cut its 2027 Brent outlook to $80. Energy Secretary Wright disclosed the U.S. military is moving 7 million bpd through the Persian Gulf. The Iran premium unwind is nearly complete.
Iran Deal Progress Sends WTI to $84: Friday's Peace Premium Unwind
WTI drops 4% as U.S.-Iran deal framework emerges, India's budget shows oil importer stress, and the H2 production services repricing window narrows.
The China Signal: Why Thursday's $86 WTI Has Nothing to Do With Hormuz
WTI closed at $86.34 Thursday, down 5.4% in a single session. The driver is not Hormuz — it's China's structural demand erosion, now confirmed by Sinopec sales data, record EV adoption, and collapsing crude imports.
Iran Tightens, Trans Mountain Fills, Vaca Muerta Bets Big: Thursday's Atlantic Basin Shift
Iran's Hormuz posture tightens as Trans Mountain hits full capacity, Chevron commits $3B to Vaca Muerta NGL, and APA expands on Alaska's North Slope. Thursday's Atlantic Basin supply calculus is shifting.
The EIA Answers Tuesday’s Question: 15.2 MMbbl Draw Sends WTI Back to 1
The EIA's Wednesday inventory report just changed the conversation. Crude stocks fell 15.2 MMbbl in the week ending June 5 — the ninth consecutive draw, the largest single-week drop since March, and enough to send WTI up $2.88 to $91.08 by afternoon close. The numbers