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WTI Slides to $73.69 as Hormuz Risk Premium Drains: Tuesday's Oil-Gas Split
WTI holds $73.69 as Hormuz risk premium drains, Iran courts Asian refiners, and the oil-gas split sharpens. Plus: AI data center power demand and what it means for gas producers.
The Floor Is Gone: What Sable Offshore's Emergency Exxon Deal Reveals at $74 WTI
WTI broke $75 for the first time this week. Sable Offshore paid Exxon $30M for 30 more days. Kosmos sold its Equatorial Guinea assets. Two filings, one message.
ExxonMobil at $73 WTI: The Cost Machine That Makes the Price Test Look Manageable (XOM)
Baker Hughes/Chart: EC Phase I Clears Path to July Close as Gas Technology Backlog Hits $33B
The $75 Week: WTI Tests Support as Gas Diverges and BKR/Chart Closes In on EU Approval
WTI holds $75.34 entering Monday's session as the Hormuz premium finishes unwinding. Baker Hughes/Chart EU deal approaching close. Natural gas diverges. Wednesday's EIA data sets the week's tone.
The Deal That Did Not Deal: WTI Holds $76 as Hormuz Goes Quiet Again
WTI closed at $76.54. The Hormuz talks collapsed before they began. Kuwait pledged 2 million bpd. And the market barely moved. Here is what that tells operators about where we are.