Guyana's 900K Barrel Moment: Why Stabroek Is the Atlantic Basin's Best Hormuz Hedge
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The Deal That Did Not Deal: WTI Holds $76 as Hormuz Goes Quiet Again
WTI closed at $76.54. The Hormuz talks collapsed before they began. Kuwait pledged 2 million bpd. And the market barely moved. Here is what that tells operators about where we are.
The Floor Debate: Why $75 WTI Recovered From This Morning's $74 and What Friday's Rig Count Tells Us
WTI hit $74.19 this morning and closed at $75.35. The $1.16 recovery is a market actively debating where the floor is — and the IEA surplus math vs. depleted SPR inventory is the crux of it.
60 Million Barrels Head to Asia: WTI Falls to $74 as the Hormuz Supply Flood Begins
WTI fell to $74.19 this morning as 60 million barrels of previously constrained crude route toward Asia. Goldman warns Hormuz traffic may never recover. What it means for Thursday's Permian setup.