Week in Review: WTI’s $92 Friday and What the Rig Count Tells Us Next
WTI settles at $92.71 as the week's Iran-and-Kurdistan volatility fades. Baker Hughes rig count due 1pm CT. Gas diverges as LNG demand floors the market.
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Oil Down 3%, Gas Up 4%: Thursday's Split Screen and What Iran's Tightening Blockade Means for the Next Move
WTI closed Thursday at $93.02 — down $3.00 and -3.12% on the session — while natural gas futures moved the opposite direction, rising 4.36% to $3.354/MMBtu. Brent fell $2.56 to $95.25. The crude-gas divergence is back, and the mechanism is the same one
Kurdistan's Ceyhan Lifeline: What Iraq's Pipeline Restart Means for Atlantic Basin Supply and the Brent-WTI Spread
Wireline at $95 WTI: KLX, Forum, and HAL Head Into H2 Contract Repricing
The Hedge Tax: Who's Capturing $95 WTI and Who's Leaving It on the Table
Iran Talk, Kurdistan Supply, and a $95 WTI Floor Test: Thursday's Global Brief
WTI slides to $95 on Israel-Lebanon ceasefire signals and Iran talk revival. Kurdistan pipeline restarts at 450K bbl/d. Henry Hub holds above $3.25. Thursday geopolitical brief.
The Inventory Thesis: Four Consecutive Draws Put $96 WTI on Different Footing
Wednesday's EIA report did something the geopolitical headlines couldn't: it made the $96 WTI price look cheap on fundamentals.
Commercial crude inventories came in at 433.7 million barrels for the week ending May 29 — a draw of 7,974 Mbbl from the prior week'