Crude Intelligence Report
  • Home
  • About
  • Free Articles
  • Subscribe
Sign in Subscribe

Latest

The Rig Count That Defied $70: BHI's Week-Close Signal for US Upstream

The Rig Count That Defied $70: BHI's Week-Close Signal for US Upstream

WTI closed at $69.91. Baker Hughes reported 573 rigs — up 10 week-over-week. The rig count is rising as price breaks $70. Here's what that signal means.
CIR Research Desk 26 Jun 2026
The Contract Divide: Which OFS Companies Are Exposed at $70 WTI, and Which Are Not

The Contract Divide: Which OFS Companies Are Exposed at $70 WTI, and Which Are Not

CIR Editorial 26 Jun 2026
Archrock and RPC at Sub-$70: Contracted Compression Holds, Transactional Services Squeeze

Archrock and RPC at Sub-$70: Contracted Compression Holds, Transactional Services Squeeze

CIR Editorial 26 Jun 2026
Week Closes Below $70: WTI's New Floor Test and Devon's Balance Sheet Move

Week Closes Below $70: WTI's New Floor Test and Devon's Balance Sheet Move

WTI broke below $70 at this morning's open. Devon completed its Coterra note exchange. Baker Hughes rig count due at 1pm CT. The week's setup for US upstream.
CIR Research Desk 26 Jun 2026
$70 WTI and What the Market Just Told Us: Day-Close Verdict for US Upstream

$70 WTI and What the Market Just Told Us: Day-Close Verdict for US Upstream

WTI crude settled near $70 on Thursday, and the market's verdict is clearer than the headlines suggest: OPEC's cohesion is cracking, US upstream operators are repricing their second-half assumptions, and the companies that moved earliest to consolidate their balance sheets are now sitting in the
CIR Research Desk 25 Jun 2026
Weatherford's H2 Recovery Thesis Just Lost Its Price Deck (WFRD)

Weatherford's H2 Recovery Thesis Just Lost Its Price Deck (WFRD)

CIR Editorial 25 Jun 2026
Shell at $70 WTI: What the Integrated Model Absorbs, and What It Doesn't

Shell at $70 WTI: What the Integrated Model Absorbs, and What It Doesn't

CIR Editorial 25 Jun 2026

Subscribe to Crude Intelligence Report

Don't miss out on the latest news. Sign up now to get access to the library of members-only articles.
  • Sign up
Crude Intelligence Report © 2026. Powered by Ghost