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Iran Offers Hormuz Deal as Supermajor Earnings Week Begins
Iran offers to end Hormuz chokehold if US lifts naval blockade. Brent reported above $107. ExxonMobil and Chevron report Q1 Thursday. Matador CFO/COO swap filed.
The Floor Holds: WTI $96, Brent $101, Zero Catalyst
WTI closed Monday at $96.64, up $2.24 on the day. Brent finished at $101.85, up $2.72, holding above $100 for the entire session. A sweep of 18 major operator and services company SEC filings turned up zero new 8-Ks. No OPEC+ announcement. The wire services
SLB Q1 2026: Middle East Bleeds the Legacy Business While ChampionX and Digital Hold the P&L Together
The Frac Discount: PUMP, PTEN, and LBRT at Cycle Lows While Crude Trades Near $100
Mega-Major Preview: XOM and CVX Report Thursday — What $96 WTI Means for Permian Scale and Cash Returns
Weekly Setup: $101 Brent, Mega-Major Earnings Thursday, Devon-Coterra Countdown
The week opens with WTI at $96 and Brent back above the $100 handle, as two of the biggest market events in months land on this week's calendar. ExxonMobil and Chevron report Q1 2026 results Thursday. The Devon-Coterra shareholder vote fires next Monday, May 4. This is