capital-markets
Goldman Says $80, Wright Says 7 Million Barrels: What Friday's Close Actually Means
WTI closed Friday at $84.29. Goldman Sachs cut its 2027 Brent outlook to $80. Energy Secretary Wright disclosed the U.S. military is moving 7 million bpd through the Persian Gulf. The Iran premium unwind is nearly complete.
Production Services at the Margin: How a $10 WTI Slide Resets H2 Pricing
The Iran Premium Is Gone. Now Production Services Has a Pricing Problem (KGS, NPKI)
Trans Mountain Full Capacity and the Ovintiv Montney Condensate Thesis (OVV)
Iran Tightens, Trans Mountain Fills, Vaca Muerta Bets Big: Thursday's Atlantic Basin Shift
Iran's Hormuz posture tightens as Trans Mountain hits full capacity, Chevron commits $3B to Vaca Muerta NGL, and APA expands on Alaska's North Slope. Thursday's Atlantic Basin supply calculus is shifting.
The EIA Answers Tuesday’s Question: 15.2 MMbbl Draw Sends WTI Back to 1
The EIA's Wednesday inventory report just changed the conversation. Crude stocks fell 15.2 MMbbl in the week ending June 5 — the ninth consecutive draw, the largest single-week drop since March, and enough to send WTI up $2.88 to $91.08 by afternoon close. The numbers