Hormuz Blockade Week Five: How U.S. Upstream Operators Are Positioned to Capture the Windfall
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XOM and CVX Q1 2026: Record Guyana, Golden Pass LNG, and the $99 WTI Question
May Begins With WTI at $100: UAE Exits OPEC, Supermajors Report, Production Services Pivots
April closed with WTI at $99.89 and Brent above $113 — the first month since mid-2022 where crude held above $95 for the entire four weeks. That consistency is the story. Not a single spike, not a one-day event. A floor built on OPEC structural change, Hormuz premium, and an
The $100 Question: COP's Qatar Signal and What April's Close Means for May
WTI ended April at $99.89/bbl — less than $0.12 from a psychological level that would have seemed remote six months ago. ConocoPhillips reported Q1 results this morning that carry the first clear structural imprint of the Middle East conflict on a major US upstream operator’s production guidance.