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CIR Afternoon Update — April 13, 2026

CIR Afternoon Update — April 13, 2026

Crude oil prices surged Monday as a confluence of geopolitical supply disruptions and a major analyst price-target reaffirmation pushed WTI above $99/bbl — its strongest close in several months. According to Reuters, Saudi Arabia announced Sunday that it has restored full oil pumping capacity through its East-West pipeline to approximately

Offshore oil and gas platform in deepwater — GoA deepwater exploration

Oxy's Bandit Discovery: Green Canyon's Infrastructure Map and What It Means for GoA Deepwater

CIR Morning Brief — Monday, April 13, 2026

CIR Morning Brief — Monday, April 13, 2026

Weekly Setup — Monday, April 13, 2026 Oil markets open this week with a stabilized but elevated price deck, a confirmed deepwater discovery in the Gulf of America, and shale drillers facing the key question of whether $95+ WTI is enough to break their hard-won capital discipline. Q1 2026 earnings season

Large oil tanker sailing on the ocean at sunset — maritime crude transport.

CIR Afternoon Update — April 10, 2026

Crude markets pulled back on Friday afternoon as traders weighed cautious optimism around the Strait of Hormuz against lingering supply disruptions, pushing WTI down more than $2 on the session. Gulf Producers Signal First Steps Toward Hormuz Resumption According to OilPrice.com citing Reuters, Saudi Arabia, Kuwait, and Iraq have

Oil pumpjack in agricultural landscape

Q1 2026 Earnings Season Preview: The $100 Test

Offshore oil rig at sunset in the Gulf of America

OXY's Bandit Discovery and Q1 Warning: What It Means for Gulf of America Strategy

Permian Basin Operators Are Repricing 2026: Hedge Books, Breakevens, and the $90–$100 World

Permian Basin Operators Are Repricing 2026: Hedge Books, Breakevens, and the $90–$100 World