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60 Million Barrels Head to Asia: WTI Falls to $74 as the Hormuz Supply Flood Begins

60 Million Barrels Head to Asia: WTI Falls to $74 as the Hormuz Supply Flood Begins

WTI fell to $74.19 this morning as 60 million barrels of previously constrained crude route toward Asia. Goldman warns Hormuz traffic may never recover. What it means for Thursday's Permian setup.

WTI Below $77 as Hormuz Reopens: Tuesday's Deal Changes the Supply Math

WTI Below $77 as Hormuz Reopens: Tuesday's Deal Changes the Supply Math

WTI crude | Brent crude | Henry Hub natural gas | Source data: Yahoo Finance intraday, OilPrice.com, SEC EDGAR (CRC 8-K June 16), EIA production data WTI closed Tuesday at approximately $76.70 — down more than $5 from yesterday's close, a decline of roughly 6% on the session. The

WTI Hits $77 as Banks Reprice and China Cracks: Tuesday's Double Selloff Signal

WTI Hits $77 as Banks Reprice and China Cracks: Tuesday's Double Selloff Signal

WTI falls to $77 as Morgan Stanley and Goldman slash Brent forecasts, China refinery throughput hits a four-year low, and tanker operators signal Hormuz won't reopen overnight.

Matador at $80 WTI: The Delaware Stress Test the Balance Sheet Was Built to Absorb (MTDR)

Matador at $80 WTI: The Delaware Stress Test the Balance Sheet Was Built to Absorb (MTDR)

MTDR | NYSE | Source data: Q1 2026 earnings release and 8-K filed May 6, 2026 (SEC accession 0001520006-26-000019); MTDR 10-Q filed May 8, 2026 (accession 0001520006-26-000023); Yahoo Finance commodity prices, June 15, 2026 The Hormuz deal that cratered WTI to $80.92 this morning did

Hormuz Deal Confirmed, WTI Crashes to $80: Monday's Reset

Hormuz Deal Confirmed, WTI Crashes to $80: Monday's Reset

The Iran premium is gone. WTI drops $4.74 to $80.14 on confirmed Hormuz deal — resetting every H2 assumption for operators, frac pricing, and RBL borrowing bases.

Goldman Says $80, Wright Says 7 Million Barrels: What Friday's Close Actually Means

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.

Iran Deal Progress Sends WTI to $84: Friday's Peace Premium Unwind

Iran Deal Progress Sends WTI to $84: Friday's Peace Premium Unwind

WTI drops 4% as U.S.-Iran deal framework emerges, India's budget shows oil importer stress, and the H2 production services repricing window narrows.