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Holiday Noise: WTI Closes at $90.88, but Tuesday's Open Is the Real Test

Holiday Noise: WTI Closes at $90.88, but Tuesday's Open Is the Real Test

WTI's Memorial Day drop to $90.88 was thin-volume noise, not a directional signal. Tuesday's open and Wednesday's EIA inventory report are the actual tests.
CIR Research Desk 25 May 2026
The $90 Floor Test: What Memorial Day's WTI Break Means for Operators This Week

The $90 Floor Test: What Memorial Day's WTI Break Means for Operators This Week

CIR Editorial 25 May 2026
The $90 Stress Test: What Memorial Day's WTI Selloff Means for PUMP, PTEN, and LBRT

The $90 Stress Test: What Memorial Day's WTI Selloff Means for PUMP, PTEN, and LBRT

CIR Editorial 25 May 2026
WTI Breaks $100 as Iran Deal Speculation Hits the Monday Open: Memorial Day Brief

WTI Breaks $100 as Iran Deal Speculation Hits the Monday Open: Memorial Day Brief

WTI broke into the low $90s in Memorial Day electronic trading on Iran deal speculation — the first clean break below $100 in weeks. Here's what operators need to know as the week starts.
CIR Research Desk 25 May 2026
Frac pump manifold with actuated valves and treating lines

The New Entity’s Numbers: Devon-Coterra Posts First Pro Forma, WTI Fades Into Memorial Day Weekend

Devon Energy filed its first combined pro forma financial statements for the Devon-Coterra merged entity on Friday, giving the market its initial hard look at what 1.15 billion shares of combined production capacity actually costs to run. The regulatory filing landed against a backdrop of WTI pulling back
CIR Research Desk 22 May 2026
The $455 Million Quarter That Made $855,000: RPC's Q1 2026 and the Production Services Margin Trap

The $455 Million Quarter That Made $855,000: RPC's Q1 2026 and the Production Services Margin Trap

CIR Editorial 22 May 2026
The 2020 Low Is Two Weeks Away: Inventory Math Forces the Market's Hand on $100+

The 2020 Low Is Two Weeks Away: Inventory Math Forces the Market's Hand on $100+

CIR Editorial 22 May 2026

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