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CIR Morning Brief — Wednesday, April 22, 2026
WTI $90.19 | Brent $93.94 | HH $2.73 — Halliburton Q1: $5.4B revenue, $0.55 EPS, 13% margin, CEO sees NA recovery; RBL redeterminations underway.
CIR Afternoon Update — April 21, 2026
WTI slides 4.7% to $90.22 as Hormuz shipping halts to near-zero; Rosneft and Tuapse refineries offline; demand-destruction fears dominate despite acute supply disruptions.
Devon-Coterra: What the Pro Forma Reveals About Leverage, Basin Priority, and Capital Allocation
CIR Morning Brief — Tuesday, April 21, 2026
WTI $87.48 | Brent $90.68 | HH $2.67 — Devon-Coterra pro forma filed ($66.7B combined assets), WTI pullback from $114 spike continues, AI/data center gas demand deepens.
CIR Afternoon Update — April 20, 2026
WTI crude plunged $5.40 (5.9%) to $85.89 on Monday, April 20, extending last week's softness as a combination of geopolitical relief and macro pressure weighed on global oil benchmarks. Brent slipped $0.65 to $94.28 — a narrowing spread that reflects U.S.-specific selling
