Russia's Waiver Expires, India Pivots: What Monday's Close Means for Atlantic Basin Supply
Trump let India's Russian oil waiver expire. WTI pulled back $3.65. Henry Hub hit $3.02. Here's what today's close actually means.
capital-markets
$38 Billion and Counting: What 2026's M&A Pace Says About Operator Confidence
Sources: SEC EDGAR 8-K filings (DVN, CTRA, OVV, NOG, OXY); NOG Q1 2026 earnings press release (April 28, 2026); Ovintiv Q1 2026 earnings press release (May 11, 2026); OXY Q4 2025 earnings release; EIA Short-Term Energy Outlook
The Deal Environment Has Already Reset
US upstream M&A
Frac's H2 Repricing Problem: Why $102 WTI Isn't Translating Into Spread Gains Yet
WTI at $102 and frac stocks are still lagging crude. The reason: H2 contract repricing negotiations between PUMP, PTEN, and LBRT and their operator clients are contested, and the outcome over the next 60 days will close or widen the spread.
WTI Opens at $102, Brent Holds $110: What's Behind This Week's Bid — and the $38B M&A Signal
WTI opens the week at $102.28 as Brent holds above $110. US upstream M&A hits $38B year-to-date. Chinese refiners cut crude runs. Frac sector re-rating thesis at Monday open.
Five Up, $97 Floor: Friday's Rig Count Says Operators Aren't Blinking
WTI touched $97.23 intraday Friday before recovering to close near $101.26. A $4-plus swing on the week's last session. The geopolitical backdrop — Iran, Hormuz, Commonwealth's $13B LNG FID that printed this morning — gave traders every reason to volatility. They took it. Then they
Commonwealth LNG FID: What It Means for Haynesville and Appalachian Gas Producers
Commonwealth LNG pulled the trigger on a $13B FID backed by Kimmeridge and Mubadala. Here's what it means for Haynesville and Appalachian gas producers positioning for the next wave of LNG offtake contracts.
Commonwealth LNG FIDs $13B, Trump Loses Patience With Iran: Friday's Week-Closing Setup
Commonwealth LNG approved its $13 billion Louisiana export facility Friday morning. Pemex's CEO is out. Brent is heading for a 6% weekly gain. The Iran risk premium is no longer theoretical.