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CIR Morning Brief — Thursday, April 16, 2026
Guyana Stabroek ramp hits 800K bbl/d as Atlantic Basin alternative to Hormuz barrels; Chevron Venezuela at 250K bbl/d; TMX loading near capacity; completions sector pulse — WTI ~$91.40, Brent ~$94.80.
CIR Afternoon Update — April 15, 2026
The United States escalated its energy sanctions campaign on Wednesday, with Treasury Secretary Scott Bessent announcing that the U.S. will not renew the waivers that previously allowed certain purchases of Iranian and Russian oil without triggering American sanctions — a move with significant implications for global crude supply and U.
The Drilling Contractor Dilemma: Rig Count Stalls While WTI Holds $92
E&P Earnings Tracker 2026: Production Guidance, Capex, and Operator Scorecards
Q1 2026 upstream earnings season is underway. WTI above $100/bbl, energy +38% in Q1. CIR tracks ExxonMobil, Chevron, FANG, EOG, and the full E&P scorecard — realized prices, capex, and what guidance revisions signal for the sector.
CIR Morning Brief — Wednesday, April 15, 2026
WTI: $92.24 | Brent: $95.81 | Henry Hub: $2.58/MMBtu
Prices as of Wednesday morning open, April 15, 2026 (Yahoo Finance)
Market Pulse
Crude benchmarks are holding elevated territory this morning as geopolitical risk premium refuses to fade. WTI settled at $92.24/bbl and Brent at $95.81/
CIR Afternoon Update — April 14, 2026
Crude markets posted their sharpest single-session decline in weeks on Tuesday as a formal U.S. naval blockade against Iran took effect, rattling global supply chains and triggering a steep selloff in WTI and Brent futures.
U.S. Blockade on Iran Now in Force — Markets Whipsaw
According to OilPrice.